Deals

Deals

Suzuki eyes 10% sales increase in Hungary

The Hungarian unit of Japanese car manufacturer Suzuki foresees selling approximately 5,200 cars in Hungary this year, which would be...

Deals

NetIQ Hungary introduces new service pack

The Hungarian subsidiary of NetIQ software company launched its new SUSE Linux Enterprise 11 Service Pack 4, designed to make...

Deals

RTL Klub welcomes new CEO, undergoes management changes

Gabriella Vidus (pictured) was appointed CEO of RTL Klub, the Hungarian subsidiary of German RTL, as of July 1, while...

Deals

Stadler to deliver another 21 suburban trains to MÁV-Start

MÁV-Start, the passenger unit of Hungarian State Railways (MÁV), signed a contract with Swizterlandʼs Stadler Rail on the delivery of...

Deals

An increase in rental fees expected in Budapest

Accommodation rental fees in Budapestʼs city center and near its universities increased by a year-on-year 20% in the first half of...

Deals

Household expenses of the lowest income segment rises

Municipalities cannot compensate for the elimination of state housing benefits, a recent national survey of 31 municipality decrees carried out...

Deals

Tesco Hungary selling only Hungarian watermelons

The Hungarian subsidiary of U.K. retail giant Tesco is selling only watermelons grown by Hungarian farmers in its commitment to...

Deals

Samsung Electronics welcomes new leader

Joseph Kim was appointed leader of Samsung Electronics Magyarország Zrt., while Dr. István Facskó, the electronic companyʼs former leader will...

Deals

OECD gives Hungary vice-chair

The nomination of Hungary for a 2016 vice-chairmanship, Zoltán Cséfalvay, who heads Hungaryʼs permanent representative to the organisation, was unanimously...

Deals

Government spending compared to GDP just over EU average

Government expenditures in Hungary were the equivalent of 50.1% of GDP last year, just over the 48.1% European Union average,...

Deals

MetLife Biztositó fined for oversight violations

The National Bank of Hungary (MNB) fined insurer MetLife Biztositó a combined HUF 25 mln after it was found guilty of violations,...

Deals

Lázár suggests 50% wage raise for low-income public sector workers

Cabinet chief János Lázár yesterday proposed raising the salaries of the lowest earners in the public sector by 50%. ...

Deals

Romanian top court reduces cartel fine for local unit of MOL

Romaniaʼs supreme court has reduced a fine on the local unit of Hungarian oil and gas company MOL for its...

Deals

Fitch: MOL affirmed at ‘BBB-’ with negative outlook

Fitch Ratings on Wednesday affirmed Hungarian oil and gas company MOLʼs long-term issuer default rating at ‘BBB-’ with a negative outlook. The negative outlook...

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...