Deals

Deals

Felcsút’s mayor wins mineral water tender

Felcsút’s forint billionaire mayor Lőrinc Mészáros, a cohort of Prime Minister Viktor Orbán, made a lucrative move by entering the...

Deals

Report: Venture capital fund investments up 56% in Q1

Venture capital funds in Hungary invested a joint HUF 4.4 bln in Q1 this year; a figure that reveals a...

Deals

Invitel welcomes new corporate director

Invitel, Hungarian telecommunication service provider, assigns László Marton, former business developer at Invitel, to the position of director for large enterprises...

Deals

Microsoft Hungary welcomes new CEO

The Hungarian subsidiary of Microsoft appointed Gabriella Szentkuti as its CEO to take effect tomorrow, July 1, while István Papp...

Deals

MVM elects new chairman-CEO

A general meeting of the state-owned Hungarian Electricity Works (MVM) has appointed Péter Csiba chairman-CEO of the company, MVM said...

Deals

MOL relays production, marketing update on Kurdistan block

 Hungarian oil and gas company MOL today relayed a production and marketing update from the operator of the Shaikan block...

Deals

SkyGreece to launch Budapest-Toronto flight

Direct, nine-and-a-half hour flights between Budapest and Toronto were launched by Athens-based SkyGreece airline, the company announced in a press...

Deals

Wizz Air building hangar in Budapest

Hungary-based low-cost airline Wizz Air launched the construction of its 2,000 sqm maintenance hangar at Budapestʼs Liszt Ferenc Airport, and...

Deals

PMʼs Office clarifies Lázár statement on minimum wage rise

The Prime Ministerʼs Office, which is lead by minister János Lázár, said today that a decision on a possible minimum...

Deals

Nokia Network moves to new office

With the contribution of Eston Property Advisor company, Nokia Networks telecommunication company will move to a new 25,000 sqm office building on Corvin Sétány,...

Deals

Report: Mandatory car insurance premiums up 30%

Mandatory vehicle insurance premiums in Hungary have seen a 25-30% rise this year, chiefly due to an increase in payouts...

Deals

Migrants say fence will not stop them

Migrants en route to Hungary through Serbia, say the proposed fence on the border between the two countries to keep...

Deals

MÁV buys electric multiple unit trains

Hungarian State Railways, MÁV-START Zrt., bought twenty-one electric multiple unit trains, which will provide transportation for passengers in the suburban...

Deals

Budapest Stock Exchange marks 25th anniversary of relaunch

The Budapest Stock Exchange celebrated the 25th anniversary of its re-establishment today....

Deals

Shared service centers offer great possibilities for Hungary

The following interview is with Andor Faragó, General Manager European Regional Operations Center at BT Hungary....

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...