Deals

Deals

ConvergenCE acquires office buildings in central Budapest for Europa Capital

ConvergenCE Hungary has completed the acquisition of a portfolio of office buildings in Budapest, on behalf of Europa Capital and...

Deals

Budapest office market expected to rise

Rents on the Budapest office market are expected to rise, with the continued recovery being driven by sound economic, demand...

Deals

Report: Rental prices in university cities grow

Rental prices in Budapest and other university cities – such as Pécs, Debrecen and Szeged – have increased by 4-33%,...

Deals

Report: TV2 announces sale to Vajna

Media Group Holdings Kft., the current owner of Hungarian commercial channel TV2, and Magyar Broadcasting Co. Kft., owned by Andrew...

Deals

Report: Andy Vajna will own TV2

The new owner of Hungarian commercial channel TV2 will be announced this week, and Andy Vajna, government commissioner in charge...

Deals

Despite drop in profit, Tesco can stay in Hungary

Despite U.K.-based supermarket giant Tesco’s group-level operating profit coming to £354 mln without exceptional items in H1, some 54.6% less...

Deals

Ford sales rise 17.7% by Q3 in Hungary

Sales of U.S. car manufacturer Ford saw a year-on-year rise of 17.7%, reaching 8,666, in the January-September period in Hungary,...

Deals

K&H to set up mortgage bank

K&H Bank, a unit of Belgiumʼs KBC, will set up its own mortgage bank next year to comply with new...

Deals

KSH: Retail sales up 4.7% in August in Hungary

Hungary’s retail sales saw a year-on-year rise of 4.7% in August (the increase was the same when adjusted for calendar...

Deals

Report on MOL Kurdistan license promising

Hungarian oil and gas company MOL today said an update on an expertʼs report on an oil drilling licence it...

Deals

BT opens innovative technical design studio in Hungary

The Hungarian unit of communications services and solutions provider BT yesterday opened a “Technical Design Studio” in Budapest, the company’s...

Deals

CBRE: Budapest retail market sees growth

Rents in Budapest’s retail market are being pushed up by impressive turnover growth, increasing retailer demand and lack of new...

Deals

Lázár discusses Paks upgrade with competition commissioner in Brussels

Cabinet chief János Lázár discussed the upgrade of the Paks nuclear power plant with Commissioner for Competition Margrethe Vestager in Brussels...

Deals

Venture capital funds in Hungary invest HUF 2.6 bln in Q2

Hungarian venture capital funds invested HUF 2.6 bln in the second quarter, 43% less than in the first quarter, the...

Deals

GKI: Hungaryʼs growth rate could slow to 2.0%

GKI expects Hungaryʼs GDP growth to slow to 2.0% next year from an anticipated 2.7% in 2015, the economic research...

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...