Deals

Deals

Invitel welcomes new content services professional

Mónika Tóth has been appointed leader of the content services team at Invitel, joining the telecommunications company from UPC with...

Deals

BMW Hungary names new director

Massimiliano Di Silvestre has been appointed managing director at BMW Group Magyarország, taking effect from May 1, according to a...

Deals

LeasePlan Hungary welcomes new MD

Tímea Pesti has been appointed managing director of LeasePlan Hungary, one of the leading providers of operative leasing and fleet...

Deals

Gov’t presents development funding for ethnic Hungarians in SW Ukraine

Hungaryʼs government is informing ethnic Hungarians who live in Zakarpattia Oblast, the area of southwest Ukraine bordering with Hungary, of...

Deals

Groupama to part with 3% stake in OTP Bank

French-owned Groupama on Wednesday said it has launched the sale of 8,260,000 shares in OTP Bank, Hungaryʼs biggest commercial lender,...

Deals

MKB back in profit after six years

After-tax profits at MKB Group hit the HUF 9.5 billion mark in 2016. The positive figure is due to an...

Deals

Budapest Bank after-tax profit falls on lower interest income

After-tax profit of state-owned Budapest Bank fell 11% to HUF 13.1 billion last year, as interest income declined and the...

Deals

MKB books profit of HUF 9.5 bln after years of losses

MKB Bank had consolidated after-tax profit of HUF 9.5 billion last year, following years of losses, CEO Adam Balog said...

Deals

UniCredit sells HUF 42.7 bln of NPLs

UniCredit Bank Hungary said Monday it had sold about HUF 42.7 billion of non-performing retail mortgage loans, state wire service...

Deals

Budapest ranks 10th in CBRE’s investment survey

Budapest, along with Frankfurt and Munich, was ranked the tenth most attractive European city for real estate investment, according to...

Deals

K&H Bank names new CEO

David Moucheron has been appointed CEO of K&H Bank and head of the groupʼs country team, pending approval from the...

Deals

GE eyes more hires in Budapest

U.S.-based GE is planning to raise staff at its service center in Budapest by “several hundred,” according to a report...

Deals

Emirates looking to recruit pilots in Budapest

Dubai-based Emirates is looking to recruit commercial pilots in Budapest, with the Hungarian capital featuring as one leg on the...

Deals

Bourse shareholders meeting elects chairman

A general meeting of the Budapest Stock Exchange (BÉT) today elected CEO Richárd Végh chairman of the bourse, Hungarian news...

Deals

CMS Hungary names new German professionals

Andreas Köhler has been appointed partner and head of CEE German projects at CMS Hungary, taking effect from March 16,...

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...