Deals

Deals

GVH approves takeover of dairy companies, fines for acting too soon

The Hungarian Competition Authority (GVH) today approved the acquisition of sole, direct control by Dr. Riad Naboulsi of dairy companies...

Deals

Lázár: Hungarian government vows to expose details of Alstom payments

The Hungarian government is expected to publish all of the information in the coming days related to payments made by...

Deals

New members join investor company PA

Five investors have joined the founding members of angel investor firm Power Angels (PA), almost doubling its registered capital, which...

Deals

Hungary’s government deficit reaches 16.5% of full-year target at end-March

Hungaryʼs cash flow government deficit, excluding local councils, reached HUF 125.8 billion at the end of March, or 16.5% of...

Deals

Survey: HUF 255,000 provides ‘modest living’ for family of four

A typical family of four in Hungary needed HUF 255,246 a month last year for a “decent, modest” living, research...

Deals

Zsolnay buyer planning expand product palette

Bachar Najari, Syrian-born businessman with ties to Hungary and Switzerland, plans to expand the product palette of Zsolnay Porcelánmanufaktúra, a...

Deals

Immofinanz buys shares of CA Immo for €604 mln, plans greater CEE focus

Paving the way for a merger that would unite two big real estate players in Hungary and Central and Eastern...

Deals

Heads of Hungarian, Romanian stock exchanges discuss cooperation

The CEO of the Bucharest Stock Exchange Ludwik Sobolewski and Chairman of the Budapest Stock Exchange (BSE) Márton Nagy met...

Deals

Cost of loan for M3 metro estimated at HUF 74.5 bln

In order to complete the refurbishment of Budapest’s M3 metro line, the state will be required to take out a...

Deals

Report: EC fine in conflict over road tenders is about HUF 50 bln

The fine that the European Commission will levy against Hungary for the improper tendering of road work contracts is apparently...

Deals

IMF lowers Hungary 2016 GDP growth forecast to 2.3%

The International Monetary Fund (IMF) yesterday lowered its projection for economic growth in Hungary this year to 2.3%, down from...

Deals

Hungarian creator of sign language software receives VC

Budapest-based startup SignAll Inc. has received €1.5 million from an international association of venture capitalists to help launch its software...

Deals

EC approves MOL acquisition of ENI units in Hungary, Slovenia

The European Commission said today that it has cleared the acquisition of ENI Hungaria and ENI Slovenija by Hungarian oil...

Deals

Mercedes-Benz Hungary welcomes new CEO

Jörg Schmidt was appointed CEO of Mercedes-Benz Hungária Kft. and EvoBus Hungária Kft., as of the beginning of the year,...

Deals

MVM welcomes new CEO

György Major, who earlier served as leader of the sales department at MVM Partner Zrt., was appointed the companyʼs chief...

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...