Deals

Deals

CBRE expects a record year in industrial investments

After the total industrial real estate investment sales in Hungary increased nearly fivefold in 2015 over the previous year and...

Deals

Aldi Hungary wins Superbrands award

The Hungarian subsidiary of Austriaʼs Aldi has won a Superbrands award, a quality recognition for retailers in Hungary, for the...

Deals

MKB Bank shareholders vote to reduce share capital

Shareholders of MKB Bank decided Friday to reduce the lenderʼs share capital from HUF 225 bln to HUF 100 bln...

Deals

Hungarian authorities seize illegal jewelry shipment

Hungary’s National Tax and Customs Administration (NAV) seized a 100-kilogram package of jewelry at Budapest’s Liszt Ferenc International Airport with...

Deals

Erste Bank launches €550 mln credit program

Erste Bank Hungary is launching a three-year €550 million credit program as part of an agreement with the government and...

Deals

Local opposition kills plan for Homatech Recycling plant

Plans to build a tire recycling plant in Kaposvár were canceled by Homatech Recycling due to support for a local...

Deals

MKB ESOP buys back 15% stake from Blue Robin

The employee stock ownership plan (ESOP) of MKB Bank has acquired 15% of the lender’s shares from Blue Robin Investments,...

Deals

Zsolnay majority owner places HUF 400 mln n escrow

Bachar Najari, the majority owner of porcelain maker Zsolnay, has placed HUF 400 million the company owes the state-owned Hungarian...

Deals

Tesco Hungary sheds 500 after internal restructuring

Around 500 employees are leaving their positions at the Hungarian unit of Tesco following a restructuring of the business in...

Deals

S&P upgrades MOL credit rating to BB+

Ratings agency Standard & Poor’s on Tuesday raised its long-term corporate credit rating for Hungarian oil and gas company MOL...

Deals

EIB lends €40 mln to GYSEV for rolling stock, safety improvements

The European Investment Bank (EIB) signed a €40m loan agreement with GYSEV, a regional railway owned by the states of...

Deals

Hungarian mineral water bottler eyes expansion

In alliance with Italy’s Pasquale family, Hungarian mineral water magnate Levente Balogh is planning to expand his business through acquisitions...

Deals

Lázár: Hungary negotiates metro renovation with Brussels

The Hungarian government is in negotiations with the European Commission on funding for the renovation of Budapest’s M3 metro line,...

Deals

MNB: Trade in Norbi Update, TR Investment shares continues

Trading in the shares of Norbi Update and TR Investments on the Budapest Stock Exchange can be continued, the National...

Deals

Videoton Holding expects 5-10% revenue growth in 2016

Contract electronics maker Videoton Holding expects its revenue will grow by 5-10% in 2016 after the firm earned HUF 154.8...

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...