Deals

Deals

Főgáz unit to open another CNG filling station

Főgáz CNG plans to open another compressed natural gas (CNG) filling station in the first half of 2017, the company...

Deals

Appeninn acquires Milton Hitelezési

Property holding company Appeninn acquired financing company Milton Hitelézesi, which will continue to operate under the name of AppeninnCredit Hitelezési,...

Deals

Ledina Kerámia ready for production, eyes Zsolnay trademark

Ledina Kerámia, a company originally established by Pécs municipal council to take over operations from porcelain maker Zsolnay when the...

Deals

Gebrüder Weiss Hungary appoints new management

Transport and logistics firm Gebrüder Weiss Hungary has decided to transform its management structure, appointing a new management team, according...

Deals

Bosch Hungary appoints new CEO

Daniel Korioth has been appointed CEO of the Hungarian subsidiary of German engineering giant Bosch, also responsible for activities in...

Deals

Italian Chamber of Commerce appoints new General Secretary

The board of directors of the Italian Chamber of Commerce for Hungary have appointed Francesco Mari as General Secretary, a...

Deals

Gov’t cuts 2016 fiscal deficit target to 1.7% of GDP

The government has decided to cut Hungaryʼs deficit target, calculated according to EU accounting rules, to 1.7% of GDP from...

Deals

CIG Pannonia to buy life insurer peers

Hungary’s CIG Pannonia Life Insurance announced today that its board of directors has decided to purchase peers MKB General Insurance...

Deals

Hungarian government to set up taxi watchdog

The Hungarian government is planning to set up a body operating under the aegis of the National Transport Authority (NKH),...

Deals

Hungary to introduce fees for e-cigarettes

As another step in further regulating the market, the Hungarian government is foreseen to levy many new fees on retailers...

Deals

Italyʼs ITL Group grows steadily in Hungary

Italian-Hungarian commercial relationships have been growing at a steady pace recently, Italyʼs Ambassador to Hungary Maria Assunta Accili said today...

Deals

EY welcomes new cyber security chief

Mihály Zala has been appointed head of the cyber security advisory arm of professional services firm EY Hungary, effective from...

Deals

HIPA welcomes new Vice President of Business Development

István Papp has been appointed Vice President of Business Development at the Hungarian Investment Promotion Agency (HIPA), with a brief...

Deals

Promotion for Magyar Telekom technology chief

Walter Goldenits, who has been the Chief Technology Innovation Officer (CTIO) of Magyar Telekom since January 1, 2013, is leaving...

Deals

Metrowagonmash to deliver second refurbished metro train in November

Russiaʼs Metrowagonmash will deliver the second refurbished metro train for Budapestʼs metro line M3 in early November, Daria Marku, head...

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...