Deals

Deals

MNB fines financial firms HUF 297 mln

U.S.-based IDW Consulting LLC and offshore units of Goldstein Brokers have been fined a combined HUF 258 million by the...

Deals

MOL to settle, replace share option agreements with UniCredit

Hungarian oil and gas company MOL said late yesterday it expects to settle option rights with UniCredit Bank for a...

Deals

MOM Park says new operator to take over multiplex

Although Andrea Buda, marketing director of movie theater operator Cinema City, reportedly told Hungarian news agency MTI that the company...

Deals

Suzuki’s Hungarian sales market share exceeds 11% in 2016

The Hungarian subsidiary of Japanese carmaker Suzuki sold 11,266 cars in Hungary last year, increasing its local market share to...

Deals

Skanska sells Nordic Light to Erste Alapkezelő

Real estate firm Skanska has sold Nordic Light, an office complex in Budapest, to Erste Alapkezelő Zrt, a subsidiary of...

Deals

C&W sells former CIB Bank HQ in Budapest

Cushman & Wakefield, representing CIB Bank, have facilitated the sale of the former CIB Bank Headquarter offices in Budapest’s Szabadság...

Deals

MNB raises 2017 GDP growth forecast to 3.6%

Although the National Bank of Hungary (MNB) has upped its GDP growth forecast for next year to 3.6% from the...

Deals

Ecomin bullish in raising 2017 GDP growth forecast to 4.1%

Hungary’s Ministry for National Economy expects the country’s GDP growth to accelerate, exceeding 4% in 2017, according to Hungarian news...

Deals

Rockaway Group buys Arukereso.hu from Naspers

The Prague-based Rockaway Group has acquired Hungarian online price comparison site Arukereso.hu, as well as its Romanian peer Compari.ro and...

Deals

Local Dentons office advises on Spadel acquisition

European mineral water concern Group Spadel’s acquisition of a 93.29% stake in Devin AD, the leading producer of bottled water...

Deals

Asahiʼs EUR 7.3 bln acquisition of CEE beer businesses assisted by Allen & Overy

Biggest ever acquisition of a foreign beer operation by a Japanese brewer further consolidates Allen & Overyʼs position as a...

Deals

MOL acquisition expands range of services

Hungarian oil and gas company MOL said Thursday it has signed an agreement to buy a 51% stake in Budapest-based...

Deals

Decision on sale of Budapest Bank expected by yearʼs end

The coming weeks are expected to make clear the governmentʼs plans for Budapest Bank, which passed into state ownership in...

Deals

New services at CityZen, Kálvin Square push workers to exercise

New services have become available for tenants of the CityZen and Kálvin Square office buildings, such as separate men’s and...

Deals

Iron Mountain Inc names vice president

András Szakonyi has been appointed Senior Vice President responsible Eastern and Northern Europe at Iron Mountain Incorporated, an enterprise information...

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...