Deals

Deals

Takarékbank receives HUF 100 mln fine

Hungarian Takarékbank Zrt., which operates as a kind of central bank for Hungary’s integrated savings cooperatives, received a fine of...

Deals

Siker Malomipari set to be wound up

The bankruptcy procedure of milling company Siker Malomipari was ended by a court today, making way for a wind-up procedure,...

Deals

MOL sells minority stake in Energopetrol to INA

Hungarian oil and gas company MOL signed an agreement with INA, the Croatian oil and gas company in which MOL...

Deals

CTP expands Hungarian portfolio

CTP signed an agreement to purchase two logistics sites in Hungary with a combined floor space of 66,000 square meters...

Deals

Forint dips to 320 per euro on U.K. vote; analyst blames jitters

After U.K. voters chose to leave the European Union, the Hungarian forint dropped about 2.5% in value compared to yesterday...

Deals

TriGranit names new asset management chief

Beata Kokeli was appointed head of asset management of TriGranit Corporation, as part of the restructuring of the company after the...

Deals

Metrans Kontener, local council sign HUF 500 mln agreement

German-owned freight company Metrans Kontener signed an agreement with the local governent of Budapestʼs District 21 on approximately HUF 500...

Deals

SAP Hungary names new leader

János Arany was appointed leader of the Hungarian SAP’s new Hybris branch, and he will be responsible for that office,...

Deals

Pécs officials sue their partner over ownership of Zsolnay

The local council of Pécs, the minority owner of Hungarian porcelain maker Zsolnay, is suing the firm for HUF 300...

Deals

Small businesses offer career-starters just HUF 100,000-150,000 a month

Most small Hungarian businesses offer workers starting their careers with entry-level positions gross monthly pay of only HUF 100,000-150,000, a...

Deals

Waberer’s International pulled back from bourse at last minute

Hungarian road haulage company Waberer’s International had requested the delisting of its shares from the Budapest Stock Exchange (BSE) in...

Deals

Erste Bank Hungary raises capital after state, EBRD buy in

Ten days after the state and the European Bank for Reconstruction and Development (EBRD) bought shares in Erste Hungary, Austriaʼs...

Deals

MNB announces sale of MKB Bank to consortium of 3 funds

The National Bank of Hungary (MNB) said it closed the sale of MKB Bank on Wednesday, selling MKB to a...

Deals

MKB Bank sees profitable Q1

Hungarian MKB Bank, which the Hungarian state just sold yesterday, saw a profitable first quarter, and the turnaround at the...

Deals

MOL completes acquisition of ENI downstream business in Slovenia

Hungarian oil and gas company MOL yesterday said it completed the acquisition of Italian peer ENIʼs downstream business in Slovenia,...

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...