Deals

Deals

Prologis Europe sees 96.7% occupancy in Q4

Budapest was among the markets where global real estate firm Prologis experienced the strongest interest from customers in the fourth...

Deals

Affidea names new finance director

Mihály Szabó has been appointed finance director of medical services provider Affidea Diagnosztika, taking effect from the end of 2016,...

Deals

Szijjártó urges Croatia, MOL to reach INA resolution

The Croatian government must reach an agreement with Hungarian oil and gas company MOL on buying out the latterʼs stake...

Deals

Spar outletsʼ operations unaffected by building owner changes

Spar Hungary has announced that two of its branches, one in Zalaegerszeg and another in Nyíregyháza, will continue operations uninterrupted,...

Deals

CTP headcount grows in CEE, more Hungarian investment ahead

The number of jobs created by real estate developer CTP in its industrial and office parks was up by 13%...

Deals

All EU funds could be disbursed before 2018 elections

The Hungarian government is aiming to disburse all of the HUF 9 trillion available in EU funding in the present...

Deals

Externet shares to be traded for last time on April 25

Shares of alternative telco Externet will be traded for the last time on the Budapest Stock Exchange on April 25,...

Deals

Fornetti raises employeesʼ wages in Hungary

Bakery chain Fornetti is raising the wages of its Hungarian workers this year, responding to the Hungarian government’s raised minimum...

Deals

KPMG Hungary welcomes new director

Tünde Tóth-Zsiga has been appointed director at the Hungarian branch of KPMG, filling the position as of January 2, 2017,...

Deals

Hungary’s M&A market sees fundamental change

Rules on mergers and acquisitions are being fundamentally changed in Hungary with recent amendments to  competition law passed by Parliament...

Deals

Raiffeisen Bank welcomes new CEO

György Zolnai, the former chairman-CEO of Budapest Bank, will take over as CEO of Raiffeisen Bank Hungary, according to a...

Deals

LG Electronics Hungary welcomes new head

Bumseop Lee has been appointed regional chief at LG Electronics Magyar Kft., in which position he will be responsible for...

Deals

MOL announces terms for share option agreement with UniCredit

Hungarian oil and gas company MOL announced late Tuesday the terms and conditions of an option agreement with UniCredit Bank...

Deals

Employers turn more to online recruitment

The number of online job adverts published on recruitment website Profession.hu was up 22% last year compared to the preceding...

Deals

Rác Bath to be sold in open tender, says liquidator

The historic Rác Thermal Bath in Budapest will be sold in an open tender, according to Sándor Börcsök, the liquidator...

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...