Deals

Deals

Commerzbank welcomes new CEO

Klaus Windheuser has been appointed President-CEO of Commerzbank in Budapest, as of November 1, and will replace András Kozma, who...

Deals

Continental Romania welcomes new director

Zoltán Dapsy (pictured) has been appointed director of quality assurance and ESH at Continental Hungary’s Central Electronic Plants (CEP) unit...

Deals

Liquidator sells only a handful of bourse shares held by failed brokerages

Shares in the Budapest Stock Exchange held by failed brokerage Buda-Cash have been successfully sold while other sales were less...

Deals

Report: Activists take over OTP branch in FX loan protest

An activist group referred to as “I won’t give up my home” gathered supporters on Facebook prior to taking over...

Deals

General government reaches HUF 92.2 bln surplus in January

Hungaryʼs cashflow-based general government balance, excluding local councils, was HUF 92.2 billion in the black in January, thanks to higher...

Deals

MNB allows investors to double-check account balances

Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against...

Deals

Hungarian farming chamber plans to launch new website

Hungaryʼs National Agriculture Chamber announced that it would launch a new, customer-friendly website in the coming weeks, Hungarian news agency...

Deals

MOL to focus on assets not acquisitions in light of oil slump

Hungarian oil and gas company MOL Nyrt. will reduce investments abroad and instead focus on assets closer to home in...

Deals

E2 Hungary: may the energy be with you

Being among the top 3 integrated gas and electricity traders and striving for a leading role in customer satisfaction: these...

Deals

Immofinanz finalizes portfolio sale to Blackstone

Immofinanz successfully finalized the sale of its logistics portfolio to Blackstone, which is integrating all its assets into its European...

Deals

Hungarian Competition Authority fines MasterCard HUF 88 mln

The Hungarian Competition Authority (GVH) fined MasterCard Europe SA HUF 88 million on charges of abusing its market position, Hungarian...

Deals

Hungarian cheese maker supports Jordanian army

Hungarian cheese maker Kőröstej won a tender to support the Jordanian army, which has a headcount of approximately 100,000, with...

Deals

KPMG Hungarian unitʼs net revenue up 6% in 2015

Consultancy firm KPMGʼs Hungarian unit had HUF 16.96 bln total net revenue in 2015 according to IFRS standards, up more...

Deals

MOL replaces UniCredit share-option agreements with new deal

Hungarian oil and gas company MOL said that the option rights regarding 5,380,496 MOL Series “A” ordinary shares under the...

Deals

Liquidator offers 1.9% of BSE shares formerly belonging to failed brokerages

A combined 1.9% stake in the Budapest Stock Exchange owned by three independent brokerages that went bust last year are...

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...