Deals

Deals

Erste Hungaryʼs acquisition of Citibank retail business approved

Hungaryʼs Competition Office (GVH) and the National Bank of Hungary (MNB) have approved the purchase of the Hungarian retail business...

Deals

MNB: 10% drop in VW market share could cut Hungary GDP by 0.2%

Approximately a 10% fall in the global market share of the Volkswagen group resulting from an emissions cheating scandal could...

Deals

Magyar Telekom sells origo.hu

Magyar Telekom sold its widely read news portal origo.hu to New Wave Media Kft, owner of online daily vs.hu, Magyar Telekom...

Deals

New leadership appointed for BSE

Márton Nagy, the deputy-governor of the National Bank of Hungary, was elected chairman of the Budapest Stock Exchange at a...

Deals

New bourse CEO eyes more listings

The Budapest Stock Exchange is in need of more listings, however, the problem is on the supply and not the...

Deals

BAMOSZ investment fund assets edge up to HUF 5.708 tln

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged...

Deals

Forint prepares for Fed decision

 The forint firmed to the EUR and the CHF on Tuesday, but softened compared to the dollar ahead of the...

Deals

Small and big energy customers welcome

EXPERT OPINION: Servicing smaller or larger customers of the energy market requires completely different skills, as energy trader MET Hungary...

Deals

Hungarian professional finishes 2nd at EYʼs competition

Tünde Petra Borsos, the Hungarian winner of EY’s local Tax Competition, finished in second place at EY’s global competition in...

Deals

Association: Retail sales to reach HUF 950 bln, lifted by holidays

Retail sales are expected to grow by 5-6% in December as compared to the same period a year earlier, amounting...

Deals

AdNovum sees HUF 1.8 bln revenue in 2015

The Hungarian unit of Switzerland-based IT company AdNovum saw HUF 1.8 billion in revenue in its recently concluded financial year,...

Deals

CBRE expects luxury retail segment to pick up in Hungary

Hungary’s capital is expected to be affected by the continued worldwide sales of luxury goods, led by Chinese purchases, which...

Deals

Central bank gets greenlight to buy Budapest bourse

Hungary’s Competition Office announced today that it had approved the National Bank of Hungary’s (MNB) acquisition of a majority stake...

Deals

ENKSZ to acquire 50% of ELMŰ- ÉMÁSZ’s retail business by January 1

Hungaryʼs First National Utilities Company ENKSZ, is set to acquire 50% of ELMŰ- ÉMÁSZ Ügyfelszolgálati on January 1, 2016, Hungarian...

Deals

Forint firm on interbank market

The forint was trading at 311.04 to the euro late Monday on the interbank forex market, up from final quotes...

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...