Deals

Deals

Budapest sees huge labor shortage of cleaners

Labor shortage of cleaners is becoming a bigger issue in Budapest, while many cleaners earn HUF 80,000-100,000 on average monthly...

Deals

DLA Piper Hungary advises most M&A deals last year

DLA Piper Hungary advised on the most mergers and acquisitions in Hungary last year, and was involved in more than...

Deals

Hungary among countries vying for Mitsubishi plant

Looking to build a new automobile factory in Central and Eastern Europe through an investment of approximately EUR 200 million,...

Deals

Over two-thirds of Hungarian firms expect or plan CAPEX

The percentage of Hungarian companies that expect or are certain to make investments in the coming 12 months stood at...

Deals

Aldi Hungary adopts new logo

Along with all nine countries where Aldi SÜD is present, the Hungary’s stores are adopting the multinational’s new logo, which...

Deals

New Ft 2,000 and Ft 5,000 banknotes quick to replace old ones

Just a day after entering circulation, redesigned HUF 2,000 and HUF 5,000 banknotes have already replaced 7% of their predecessors,...

Deals

Advertising spending in Hungary continues to rise, says MRSZ

The total value of advertising spending in Hungary, not counting television commercials, was HUF 160 billion in 2016, up 12.11%...

Deals

New Ft 2,000 and Ft 5,000 banknotes enter circulation

Redesigned HUF 2,000 and HUF 5,000 banknotes are entering the market today, the National Bank of Hungary (MNB) has announced,...

Deals

Eversheds Budapest law office receives new name

Following the strategic combination of two international law firms, U.K.-headquartered Eversheds and U.S.-based Sutherland Asbill & Brennan LLP, on February...

Deals

Client savings in coop integration reach HUF 1.889 tln

Client assets managed by Hungaryʼs savings cooperatives, together with those held by TakarékBank and FHB Bank, rose about 5% to...

Deals

Legoland coming to Hungary, says Nyíregyháza mayor

After Berlin, Oberhausen, Istanbul and Manchester in Europe, the next Legoland Discovery Center is set to be opened in Nyíregyháza,...

Deals

NAV accumulates HUF 109 bln in criminal damages in 2016

Criminal investigations launched by Hungaryʼs National Tax and Customs Administration (NAV) in 6,250 instances against taxpayers in 2016 are estimated...

Deals

Suzuki projects expansion on Hungarian market in 2017

Japanese automotive manufacturer Suzuki plans to sell about 11,780 new passenger cars in Hungary this year, retaining its more than...

Deals

Hungarian daily claims Századvég has HUF 1.6 bln contract with gov’t

Government friendly think tanks Századvég Alapítvány and Századvég Gazdaságkutató are reported to be producing research and surveys for the Hungarian...

Deals

Higher share capital threshold could mean end of thousands of ‘kft.’ companies

Several thousand Hungarian limited liability companies, designated by the abbreviation “kft.”, could be wound up if they fail to meet...

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...