Deals

Deals

Talks with EC on MARK pricing method to wind up soon

Talks with the European Commission on the pricing method to be used by the Hungarian Reorganisation and Receivables Management Company...

Deals

Invitel receives ISO/IEC 20000-1:2011 certificate

Hungarian telco Invitel has been awarded the ISO/IEC 20000-1:2011 certificate, which is valid for a three-year period and relevant to...

Deals

Report: Retailers spend less on advertising

Retailers in Hungary spent just 4% more on advertising in year-on-year terms in the first half of the year, slowing...

Deals

Forint gains more versus euro

 The forint was trading at 308.66 to the euro late Tuesday on the interbank forex market, up from final quotes...

Deals

Central bank levies HUF 1 bln in fines by mid-August

The National Bank of Hungary (MNB) levied approximately HUF 1 bln in fines by mid-August of this year, chiefly penalizing...

Deals

Bloomberg: Two top officials may leave ÁKK

Two top officials working at Hungary’s Government Debt Management Agency (ÁKK), Deputy Chief Executive Officers László Buzás and László András...

Deals

SafeGuard World International opens service center in Budapest

SafeGuard World International (SGWI), a leading provider of global managed payroll, global employment outsourcing and international HR services, is opening...

Deals

Nielsen: Household chemicals, cosmetics sales climb 6%

Retail sales of household chemicals and cosmetics rose 6% to HUF 170 bln in January-June from the same period a...

Deals

Szeged volunteers see no effect of fence on refugee numbers

With the construction of the Hungarian-Serbian border fence now underway, volunteers at the Szeged train station say they feel no...

Deals

GfK: Sales of household durables up 4.9% in Q2

Sales of household durables in Hungary saw a year-on-year increase of 4.9% in the second quarter of this year, decelerating...

Deals

Forint firmer in euro, down in dollar

The forint was trading at 310.21 to the euro late Thursday on the interbank forex market, up from 311.08 in...

Deals

Report: Hungary, EBRD committed to acquire stakes in Erste

The Hungarian state and the European Bank for Reconstruction and Development (EBRD) are committed to acquiring minority stakes in Erste...

Deals

Forint weakens to euro

The forint traded at 312.35 to the euro around 6:00pm on Tuesday, weakening from 311.45 late Monday. ...

Deals

Transit area for migrants opens at Eastern station

A designated area was set up by the municipal council on Saturday in an underpass by the Eastern (Keleti) railway station...

Deals

State could sell MKB early next year

The Hungarian state is planning to sell MKB Bank, which it acquired from BayernLB last year, by early 2016, chairman-CEO...

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...