Deals

Deals

C&W reappointed to manage two malls in CEE

Cushman & Wakefield has been reappointed by CPI Property Group as property manager of two major shopping centers and one...

Deals

OTP CEO sees 4-5 possible acquisitions on horizon

OTP Bank, Hungaryʼs biggest commercial lender, could make another four to five acquisitions, both in countries where it wants to...

Deals

Hungary fines 730,000+ motorists for driving without vignette

NUSZ, the company that operates Hungaryʼs motorway toll system, fined 731,000 motorists a combined total of almost HUF 5.8 bln...

Deals

CEE telecoms providers’ credit improvement will continue to outpace their Western European peers

Revenue growth, margin expansion and credit protection for telcos in the CEE region will continue to outpace that of their...

Deals

Gov’t sees GDP growth staying well over 3% in mid-term

Hungaryʼs government expects economic growth to stay well above 3% in the mid-term, even after peaking at 4.3% next year,...

Deals

MKB signs cooperation agreement with chamber of agriculture

MKB Bank signed a cooperation agreement with the Hungarian Chamber of Agriculture (NAK) on Wednesday facilitating access to a preferential...

Deals

Oracle Hungary moves to Millennium City Center

The Hungarian subsidiary of software firm Oracle recently moved to the 6th floor of the Millennium City Center’s building H,...

Deals

General gov’t deficit revised to reflect MKB sale

Hungaryʼs general government deficit, calculated according to European Union accounting rules, reached HUF 646.7 billion or 1.8% of GDP last...

Deals

VIG to merge Hungarian insurance units

Vienna Insurance Group (VIG) is merging its three Hungarian units - Erste Biztosító, Union Biztosító and Vienna Life Biztosító -...

Deals

First direct freight train from China arrives in Hungary

The first direct freight train between China and Hungary arrived in Budapest on Friday, carrying more than USD 1 million...

Deals

Industrial RE market’s positive sentiment set to linger

Hungaryʼs industrial real estate market saw healthy activity in Q1, and accelerating GDP growth - together with continued monetary easing...

Deals

MTel’s board of directors elects new chairman

Magyar Telekom’s Board of Directors has elected Dr. Robert Hauber as its Chairman, who is currently Senior Vice President Finance...

Deals

SCS Stahlschmidt eyes new production hall, staff

The Hungarian subsidiary of German Bowden cable manufacturer SCS Stahlschmidt is planning to expand its plant with the addition of...

Deals

M7 CEREF buys Aerozone logistics center

Following its 2016 debut on the Hungarian market, M7 Real Estate’s Central European Fund (M7 CEREF) has increased its presence...

Deals

ÁKK still weighing FX issue on int’l markets

A decision on whether or not to issue an FX bond on international markets has not yet been taken, the...

Deals

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

Deals

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

O3 Partners Plans Minority Stake in Impact Ventures Under Strategic Partnership

O3 Partners N.V. and Impact Ventures Venture Capital Fund Management Plc., together with its owner, have signed a memorandum of...

Duna Group Opens Door to Hungarian State Stake in Controversial African Road Project

Duna Group, one of the construction companies that became a major player in Hungary during the Orbán era, remains open...

Continest Expands French Operations With First Strategic Partner

Continest Technologies Plc.’s rental division has established its first strategic partner in France, strengthening the company’s presence and expanding access...

Hungary’s Liwo Group Wins EUR 1.5 mln Slovenian Hospital Contract

The Slovenian subsidiary of Hungary’s Liwo Group has won a public procurement contract to provide comprehensive indoor cleaning and internal...

MOL Signs Agreement With Shell to Buy BG Cyprus in Largest E&P Move Since 2019

MOL Group said Friday it had signed an agreement with Shell to acquire BG Cyprus Ltd., its wholly owned subsidiary....

BME, OTP Join Forces to Strengthen Cybersecurity Education and Research

A new partnership between the Budapest University of Technology and Economics (BME) and OTP Bank aims to connect academic expertise...

BME, OTP Bank Sign Strategic Cybersecurity Cooperation Agreement

The Budapest University of Technology and Economics (BME) and OTP Bank have signed a strategic cooperation agreement aimed at strengthening...

Hungary M&A Activity Rises 16% in 2025, Above Global Average

Merger and acquisition activity in Hungary rose 16% in 2025, outpacing the global and regional averages, according to data compiled...

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

MOL Successfully Concludes Talks With Serbia on NIS Acquisition

Hungarian oil and gas company MOL said it successfully concluded negotiations with the government of Serbia on the conclusion of...

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

4iG, Northrop Grumman Sign Satellite Deal to Boost Hungary’s Space Capabilities

4iG S&D has signed a multimillion-dollar agreement with Northrop Grumman to develop a geostationary communications satellite under Hungary’s flagship Husat...