Deals

Deals

Audi Hungaria Motors signs agreement with trade union

The management of the Hungarian plant of German car manufacturer Audi has signed an agreement with Audi Hungaria Independent Trade...

Deals

Audi Hungary to raise pay, strike canceled

The Hungarian subsidiary of German car manufacturer Audi was able to come to an agreement with Audi Hungaria Independent Trade...

Deals

BSE elects new board members

The Budapest Stock Exchange (BSE) elected two new members to its board during an extraordinary general meeting today, according to...

Deals

MOL announces third hydrocarbon discovery in Karak Block, Pakistan

Hungarian oil and gas company MOL announced a new hydrocarbon discovery in the Karak Block, Pakistan on the Budapest Stock...

Deals

Epson offers solutions for special printing needs

The area of logistics has a growing demand for specialized, modern printing technology. We asked Miklós Fábián, National Sales Manager...

Deals

Survey: Less than one-third of CFOs optimistic about their companyʼs financial future

Among Hungarian CFOs surveyed, only 31% say the financial future of their company improved over the last six months, while...

Deals

MOM Zrt. reverts back to local ownership

MOM Vízméréstechnikai Zrt., founded in 1876 in Cluj Napoca (now Transylvania), is now wholly owned by a local investor group...

Deals

MOL: Croatian regulations could impact INA revenue

The Croatian government’s recent regulations could affect the revenues of INA, the local peer of Hungarian oil and gas company...

Deals

MNB puts 2017, 2018 government deficits below target

The National Bank of Hungary (MNB) projected the accrual-based ESA government deficit to drop to 1.8% of GDP this year...

Deals

Hungarian thyssenkrupp acquires Ib Andresen Industri

Hungarian thyssenkrupp Ferroglobus Kereskedelmi Zrt. acquired Győr-based Ib Andresen Industri Magyarország Kft. in its entirety through its own resources, taking...

Deals

Trenkwalder appoints head of new business unit

Jacques de Jager was appointed head of staffing and headhunting firm Trenkwalder’s recently launched Executive Search business, the Hungarian subsidiary...

Deals

Oriana welcomes new operative director

Richárd Basa was appointed operative director at Hungarian business application developer Oriana to take effect on February 1, according to...

Deals

PannErgy sells stake in geothermal heat reseller for HUF 250 mln

Geothermal energy company PannErgy yesterday announced the sale of an indirectly owned 40% stake in Geo-Wendung, a company that resells...

Deals

Lacoste opens flagship store on Fashion Street

Lacoste opened its Hungarian flagship store on Budapest’s Fashion Street, owned by Immobilia Plc., after relocating to the new 120...

Deals

Budapest transport company begins testing new Kravtex-Kuhne model

BKK, the umbrella company for the capitalʼs public transport has began testing the Kravtex-Kuhne groupʼs new bus model, according to...

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...