Deals

Deals

Tesco rejects report that it is closing Hungarian HQ

U.K.-based supermarket chain Tesco rejected todayʼs report by Hungarian government-friendly daily Magyar Idők that Tesco was planning to shut down...

Deals

MTel entirely carbon-free last year

Magyar Telekom, the Hungarian unit of German telco giant Deutsche Telekom, operated entirely carbon-free last year, according to a sustainability...

Deals

Cushman & Wakefield names new associate

Real estate consultant Cushman & Wakefield (C&W) has promoted Gábor Halász-Csatári, head of its industrial department, to an associate in...

Deals

Waberer’s elects Board, management unchanged

Hungarian logistics firm Waberer’s International Zrt. elected a new board of directors at its first annual general meeting following the...

Deals

Appeninn buys and leases Rózsadomb property

Real estate firm Appeninn has expanded its portfolio by purchasing a property in Rózsadomb, District 2 of Budapest, a press...

Deals

Randstad Holding buys peer for $429 mln

Randstad Holding, the HR services provider present in 39 countries, is acquiring online recruitment network Monster Worldwide Inc. for $429...

Deals

MKB eyes 10-15% rise in corporate outlays

MKB Bank, which the Hungarian state recently sold to a consortium of funds, is planning to lift its corporate outlays...

Deals

MOL buys own shares under option agreement

Hungarian oil and gas company MOL said Friday it has exercised its option rights arising from a share option agreement...

Deals

Zsolnay repays debt, requests end of liquidation

Bachar Najari, the majority owner Hungarian porcelain maker Zsolnay, on Wednesday repaid all of its debts owed to West Hungaria...

Deals

MTel commits to further network development

Magyar Telekom, the Hungarian subsidiary of telco giant Deutsche Telekom, is committed to further developing its mobile and fixed-line networks,...

Deals

Teva completes acquisition of Allergan’s generics business

Israel-based pharmaceutical multinational Teva has completed the acquisition of the generic drugs business of Allergan (Actavis Generics), Teva Pharmaceutical Industries...

Deals

Immofinanz acquires 26% of CA Immo

Immofinanz, a major player in the Hungarian real estate market and the greater region, paid €604 million for a 26%...

Deals

Mediaworks acquisition of Pannon Lapok okayed

The Media Council of Hungaryʼs National Media and Infocommunications Authority (NMHH) on Monday gave preliminary approval for Mediaworks Hungary to...

Deals

New duties for development minister

The government has assigned responsibilities for coordinating government activities including oversight of postal affairs and the state-owned Hungarian Development Bank...

Deals

Vodafone Hungary names new CEO

Alexandre Froment-Curtil will be the new CEO of Vodafone Hungary as of September, according to a press release issued today....

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...