Deals

Deals

Futureal sells Polish Nova Park shopping mall for EUR 88.5 mln

Hungarian real estate firm Futureal Group has sold its Polish retail asset, Nova Park to a joint-venture formed by MAS...

Deals

MNB acquires HUF 345 mln of artwork

The National Bank of Hungary (MNB) announced today it had purchased about HUF 345 million of artwork under a program...

Deals

Széchenyi venture capital fund exits 20th investment

Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state to support SMEs, has exited its 20th...

Deals

General gov’t surplus reaches HUF 59.3 bln in November

Hungaryʼs cash flow-based general government surplus, excluding local councils, reached HUF 59.3 billion in the first eleven months of 2016,...

Deals

Magyar Posta, Deutsche Post DHL partner up on packages

Hungary’s state owned postal company Magyar Posta and Deutsche Post DHL have signed a cooperation agreement on package deliveries, the...

Deals

FHB board appoints new CEO

Márton Oláh has been appointed CEO of FHB Mortgage Bank by the institution’s new board of directors, the lender said...

Deals

State-owned ENKSZ buys EDF Démász

Hungary’s state-owned utilities company ENKSZ announced today it had signed a contract to acquire EDF Démász, a regional electricity distributor,...

Deals

Nat’l Trading House promotes Áldomás brand in Moscow

The Hungarian National Trading House (MNKH), established by the government to make inroads into new markets, showcased its Áldomás line...

Deals

TV channel changes hands, set to remain pro-government

Hungarian commercial television channel Echo TV has changed hands, after owner Gábor Széles sold the station to a company owned...

Deals

MOL to increase production in Pakistanʼs Tal Block

Hungarian oil and gas company MOL will increase crude oil production in the Tal Block in Pakistan by about 10,700...

Deals

Schneider Electric Hungary welcomes new leader

Zsolt Veres has been appointed Country Director at Schneider Electric Hungary, replacing József Spilkó, who will be responsible for leading...

Deals

MOL settles and signs new option for treasury shares with ING

Hungarian oil and gas company MOL said late yesterday it would settle, in cash, an option for 4,863,101 MOL shares...

Deals

WTS Klient Group names director

Tamás Dely has been appointed new Business Development Director at WTS Klient Group, the Hungarian member of the WTS Global...

Deals

Széchenyi health sector investments reach HUF 2.5 bln

The Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state to support small and medium-sized enterprises...

Deals

MTel HR professional advances to Deutsche Telekom

Éva Somorjai has been appointed deputy chief HR officer of Deutsche Telekom Group, advancing from her current similar position at...

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...