Deals

Deals

Bourse to have new board following MNB takeover

Days after the Hungarian National Bank (MNB) purchased the Budapest Stock Exchange (BSE) and put its deputy governor in charge,...

Deals

Politics cited as Metropol faces ejection from Metro

The free daily newspaper Metropol, which is handed out in Budapest Metro stations, could lose the contract allowing this distribution...

Deals

OrthoSera Dental awarded HUF 180 mln in venture capital

OrthoSera Dental, a company which manufactures dental implants, has received HUF 180 million from the Széchenyi Capital Investment Fund (SZTA),...

Deals

MNB deputy governor to head bourse

National Bank of Hungary (MNB) deputy-governor Márton Nagy will become the new chairman of the Budapest Stock Exchange, the central...

Deals

MOL to settle option for 5.2 mln treasury shares, signs new option for same number

Hungarian oil and gas company MOL said yesterday that it would settle, in cash, an option for 5,220,000 MOL shares...

Deals

PannErgy inaugurates geothermal energy project

Geothermal energy company PannErgy inaugurated a power supply center in Bóny, on the outskirts of Győr, northeastern Hungary, which was...

Deals

Report: MNB’s purchase of BSE could cost HUF 13 bln

Following three months of negotiations, the National Bank of Hungary (MNB) performed a buyout on CEESEG AG and Österreichische Kontrollbank...

Deals

State secretary puts 2015 GDP growth ‘around 3%’

Hungaryʼs GDP could grow “at a rate of around 3%” this year, state secretary in charge of fiscal affairs Péter...

Deals

GfK: Hungary’s consumer electronics, home appliance sales up 3% in Q3

Sales of consumer electronics and home appliances in Hungary saw a year-on-year rise of 3%, reaching HUF 125.1 billion, in...

Deals

Népszava: Eximbank lends Vajna money for TV2

Hungarian state-owned Eximbank on Friday voted to lend money to Andrew G. Vajna, government commissioner for the film industry, so that he...

Deals

MNB suspends KÖBE mandatory car insurance sales

The National Bank of Hungary (MNB) on Friday said it had suspended the sale of mandatory car insurance policies by...

Deals

BUX down amid global gloom on GDP, OTP

The Budapest Stock Exchangeʼs main BUX index finished down 0.67% at 22,393.98 Friday after rising 0.16% Thursday. It is up...

Deals

Hernádi: MOL to diversify business in future

Oil provided an opportunity to establish a market presence, but growth opportunities centered around petrol and diesel trade are limited...

Deals

Budapest transport company to lay off 111

Budapest transport company BKV is planning to lay off 111 of its employees as of the beginning of next year,...

Deals

Brusselsʼ objections could result in changes to bank levy rules

Regulations governing the bank levy will probably have to be modified due to objections by the European Commission to two...

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...