Deals

Deals

Lázár: Despite drop in GDP, growth projections remain

Many factors lie behind the contraction in GDP in the first quarter, including a dramatic decrease in EU funds being...

Deals

Telekom to host 7th annual SMART Conference

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom will host the seventh annual SMART Conference in Budapest on May 23...

Deals

TriGranit announces strong Q1, says it plans more development

In the first quarter, real estate developer TriGranit signed new lease agreements for 25,777 sqm GLA, the average occupancy rate...

Deals

MOL aims to return to Austrian retail market

Hungarian oil and gas company MOL is looking to return to the retail market in Austria after pulling out last...

Deals

MBI enters Hungarian market

International franchisor MBI launched its first international franchise system in the Hungarian financial industry, simultaneous to Slovakia, Czech Republic and...

Deals

Voluntary pension fund assets grow 5% in Q1

Members of the Hungarian voluntary pension fund association OPOSZ had assets of HUF 1.093 trillion at the end of the...

Deals

Budapest Dock operator revenue climbs 17%

Revenue of logistics company BSZL, which operates the “Budapest Dock” port of Csepel, in the south of the capital, rose...

Deals

Fewer back taxes owed by Hungarians

The amount of back taxes private Hungarian individuals and businesses in the country owed the government at the end of...

Deals

Allergan, Richter announce positive results for ulipristal acetate trial

Irish drugmaker Allergan Plc. and Hungaryʼs Gedeon Richter today announced the positive results from a phase III clinical trial to...

Deals

Solar Capital Markets fined HUF 17 mln

The National Bank of Hungary (MNB) fined investment service provider Solar Capital Markets HUF 17 million on charges of violating...

Deals

Chinese green transport company opens office in Budapest

The European representative office of CRRC Industrial Investment Co. Ltd. opened today in Budapest, Hungary, Wang Gongcheng, the chairman of...

Deals

INA chairman puts question of company strategy to government

Croatia must decide whether it wants oil and gas company INA to operate based on market principles or be a...

Deals

Trade in shares of four companies suspended

The National Bank of Hungary (MNB) ordered the suspension of trade in shares of four Hungarian companies on charges of...

Deals

Ikarus to merge into Mabi-Bus

Hungary-based bus manufacturer Ikarus Egyedi Autóbusz Gyártó will merge into now Hungarian-owned peer Mabi-Bus, Hungarian daily Világgazdaság reported today....

Deals

Hungarian Ivanka eyes American market

Hungarian concrete design company Ivanka showed its latest products at exhibitions in Milan and Chicago in April, according to a...

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...