Deals

Deals

EIB nearly doubles its support to Hungary with €1.42 billion in loans

The European Investment Bank (EIB) signed new loan agreements with Hungary amounting to €1.42 billion in 2015, the highest level...

Deals

Registration for MARK asset purchase scheme begins in March

The Hungarian Reorganization and Receivables Management Company (MARK) said today that banks will be able to register for its asset...

Deals

BofAML: Dovish MNB signals herald new rate cuts

Dovish signals from Hungaryʼs central bank are heralding a new rate cutting cycle, London-based emerging markets economists said yesterday, according...

Deals

Citi Hungary appoints new CEO

Kevin A. Murray was appointed the new CEO of the Hungarian division of Citibank, as well as the head of...

Deals

Parliament extends deadline of capital requirement for local companies

Hungarian Parliament approved legislation today to extend the mandatory capital increase requirement for limited liability companies operating in Hungary to...

Deals

London analysts: Unconventional tools ‘not enough to stabilize HUF’ at competitive levels

Unconventional monetary policy on its own will probably not be powerful enough to stabilize the forintʼs exchange rate at a...

Deals

MNB fines bottled gas company KEG HUF 10 mln

The National Bank of Hungary (MNB) fined bottled gas company Közép-Európai Gázterminál Nyrt., a company listed on the Budapest Stock...

Deals

MOL to ramp up production, maximize portfolio value

Hungaryʼs MOL plans to ramp up production and “maximize economic value” of its portfolio, the oil and gas company said...

Deals

Hungary sees HUF 92.2 bln general government surplus in January

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 92.2 billion in January, the National Economy...

Deals

Schneider Electric Hungary welcomes new sales director

Mihály Radev was appointed sales director of the IT branch of the Hungarian subsidiary of energy management and automatization firm...

Deals

Szentkirályi, Kékkúti close first year of joint operation with profit

Hungarian mineral water bottlers Kékkúti Ásványvíz and Szentkirályi Ásványvíz had revenue of HUF 15 billion in the first year after...

Deals

KELER welcomes new leader

Sándor Szalai was appointed leader of the recently created sales and key account management field of KELER, according to an...

Deals

UPC Hungary appoints new CEO

Magnus Ternsjö has been appointed CEO of UPC Hungary, replacing Saverina Pascu, who will be the managing director of the...

Deals

Prologis Hungary welcomes new member of project management team

Rita Lippai has been appointed project manager for the Hungarian unit of leading global real estate company Prologis, joining its...

Deals

Nespresso Hungary welcomes new director

Györgyi Gyovai has been appointed the new director of Nespresso Hungary, to take effect this month, according to an announcement...

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...