Deals

Deals

Csányi fund buys more OTP shares

OTP Bank chairman-CEO Sándor Csányi continued to scoop up shares of the bank he manages, according to reports. Following a...

Deals

OTP shares purchased by Csányi Fund

Some 300,000 OTP Bank shares were purchased by a fund operated by Sándor Csányi’s Singapore-based CSAM Asset Management, the lending...

Deals

State, EBRD buy 15% stakes in Erste Bank Hungary

The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized the acquisition of 15% stakes each...

Deals

Wizz Air names commercial director

George Michalopoulos will be promoted to the position of Commercial Director at Hungary’s low-fare airline Wizz Air, according to a...

Deals

Remmers, Appeninn sign leasing agreement

The Hungarian subsidiary of Remmers signed a leasing agreement with Appeninn for five plus years for a 5,160 sqm property...

Deals

Property developer Wing Group lists bonds on Budapest bourse

Hungarian property developer Wing Group launched a €40 million corporate bond package, listing the bonds on the Budapest Stock Exchange,...

Deals

MNB suspends licence of Quaestor investment fund manager

The National Bank of Hungary (MN) suspended the investment fund management and portfolio management licence of Quaestor Befektetési Alapkezelő, and...

Deals

Hungaryʼs central bank prepared for Brexit

The National Bank of Hungary (MNB) has been preparing for both outcomes of the British referendum on whether the U.K....

Deals

Parliament’s committee to hear testimony in Spéder case

The national security committee of the Hungarian Parliament is scheduled to hear a testimony tomorrow at a meeting regarding recordings...

Deals

Lenders register to sell more than HUF 300 bln of bad assets to MARK

Twenty-three financial institutions registered to sell the Hungarian Reorganisation and Receivables Management Company (MARK) bad assets with a gross value...

Deals

Diófa Fund buys Europark shopping center

Diófa Fund Management purchased Europark shopping center in Budapest from Unibail Rodamco, following a year-long cooperation, according to a press...

Deals

Waberer’s to convert into a private firm

Hungarian road haulage company Waberer’s International’s majority owner initiated a vote by shareholders to convert the firm from a public...

Deals

Moodyʼs considers downgrade of embattled FHB bank

FHB mortgage bank is under review for a downgrade by Moody’s Investors Service, according to a press release from the...

Deals

Lenders register to sell more than HUF 300 bln of bad assets to MARK

Twenty-three financial institutions registered to sell the Hungarian Reorganisation and Receivables Management Company (MARK) bad assets with a gross value...

Deals

Hewlett-Packard partners with Hungarian IVM

The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the...

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...