Deals

Deals

Hungarian central bank opens office in Rome

The National Bank of Hungary (MNB) opened its third international office, this time in Rome, the central bank said in...

Deals

CIG Pannonia units fined HUF 19 mln

The National Bank of Hungary (MNB) fined the life and general insurance units of CIG Pannonia a combined HUF 19...

Deals

Keler in running to establish regional clearing house

Hungaryʼs central depository and clearing house Keler is competing to become the foundation for a regional clearing house, recommended by...

Deals

Perion invests HUF 411 mln in HandInScan

Hungarian Perion Venture Capital Fund has invested HUF 411 million in HandInScan to support the sales of the companyʼs hand...

Deals

Taxi drivers demonstrate against Uber in Budapest

Since early this morning, approximately 100 taxi drivers have been demonstrating against the Hungarian operations of San Francisco-based ride-sharing service...

Deals

GVH issues HUF 90 mln fine for two MLM companies

Cloulyn Pro Ltd. and ASSORT FLEX Kft. were fined by Hungary’s Competition Office (GVH) a combined HUF 90 million for...

Deals

Opel loses market share of sales in Hungary, still in the lead

American-owned Opel, based in Germany, saw its Hungarian market share in car sales drop to 10.7% last year, yet the...

Deals

Report: 21 baths join new rating system

Since Hungary introduced its new national bath classification system last year, altogether 21 Hungarian baths have joined the renewed rating...

Deals

Ryanair officially launches route from Hungary to Israel

Low-cost airline Ryanair is set to officially launch its route from Budapest to Eilat, Israel with details to follow at...

Deals

MOL relinquishes share in Akri-Bijeel Block in Iraq

Hungarian Oil and gas company MOL reached an agreement with Gulf Keystone Petroleum and the Kurdistan Regional Governmentʼs Ministry of...

Deals

MNB fines Banif Plus Bank HUF 49 mln

The National Bank of Hungary (MNB) fined Banif Plus Bank HUF 49 million on charges of maintaining weak levels of...

Deals

FHB offers state chance to subscribe new shares

The board of directors of FHB Mortgage Bank decided yesterday on the conditional increase of the companyʼs share capital by...

Deals

Proceeds of MKB sale to go to Bailout Fund

The proceeds of an eventual sale of state-owned MKB Bank will go to the Bailout Fund, to save banksʼ and...

Deals

Gránit Bank changes ownership structure, plans capital raise

Hungarian Gránit Bank Zrt. announced late yesterday its changes to the companyʼs ownership structure as well as a capital raise of...

Deals

OTP pension fund members reach nearly 219,000

The voluntary pension fund of Hungaryʼs OTP Bank raised the number of its members to approximately 219,000 last year, 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...