Deals

Deals

Hungarian electricity provider opens office in Bratislava

Hungarian state-owned electricity service provider MVM yesterday (Wednesday) opened a representative office in Bratislava, Hungarian news agency MTI reported....

Deals

HR firms Job Kft., Ventiv Kft. to merge in October

Hungarian human resources firms Job Kft. and Ventiv Kft. will  merge in October under the banner of JobGroup, a fusion...

Deals

CTP Hungary names new country manager

Peter Würsching MRICS has been appointed Country Manager for Hungary at international investment and development firm CTP, according to a...

Deals

C&W sees upswing in CEP market

Hungary has seen continuously rising commercial sales volume since the 2009 financial crisis, and - apart from seasonal cycles -...

Deals

Purchases with bankcards on the rise in Hungary

The number of purchases made in Hungary with locally issued bank cards rose 24% to 122 million in the second...

Deals

Analyst: Industrial output slump unsurprising

Confirmation of Hungary’s 4.7% overall drop in industrial output in July, released by the Central Statistical Office (KSH) yesterday, was...

Deals

Hungary endures dearth of IT professionals

Approximately 22,000 IT professionals were lacking on the Hungarian labor market last year, a number said to have grown even...

Deals

Cetelem Bank fined HUF 4.5 mln

Magyar Cetelem Bank has been fined HUF 4.5 million by the National Bank of Hungary (MNB) for violating rules of...

Deals

Magyar Suzuki names new Managing Director

Yoshinobu Abe has been named Managing Director of Magyar Suzuki, the Hungarian unit of the Japanese car manufacturer, replacing Naoyuki...

Deals

Investment promotion agency closes education program

A delegation of ambassadors accredited to Hungary and commercial attachés yesterday attended the ‘Meet My Country’ event in the town...

Deals

Lázár describes administrative shakeups

The Hungarian State Treasury will become the only central agency responsible for payments of state support and public benefits, Cabinet...

Deals

Royal Riding School to be rebuilt for HUF 3.5 bln

The state will pay to rebuild the one-time Royal Riding School in Buda Castle, at a cost of HUF 3.5...

Deals

Appeninn property firm reports drop in profit

Budapest real estate firm Appeninn Holding today reported that after-tax earnings in the first half of the year were €412,000,...

Deals

Firm run by Orbán associate gets another construction contract

A company headed by István Garancsi, who is close to Prime Minister Viktor Orbán and whose firm has already won...

Deals

Survey: Foreign supermarket chains pay best

Amid an increasing shortage of workers on the domestic labor market, foreign-­owned supermarket chains are offering ever more attractive wages...

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...