Deals

Deals

MNB recalls oversight commissioner at Széchenyi Lízing

The National Bank of Hungary (MNB) today recalled its oversight commissioner from Széchenyi Lízing after the leasing companyʼs financial position...

Deals

MNB clears state acquisition of Budapest Bank

The National Bank of Hungaryʼs (MNB) Financial Stability Council has cleared the acquisition of 100% of the shares of Budapest...

Deals

Lázár: Government has decided on financing for BKV for the coming years

The government has decided that the Budapest Public Transport Company (BKV) will receive HUF 40 bln in financing from the...

Deals

Deloitte opens new office in Debrecen

Deloitte professional services network company opened a new office in Debrecen to provide audit, tax, consulting, enterprise risk and financial...

Deals

Lázár: Hungary received no support for border protection

Although Cabinet Chief János Lázár said yesterday at his regular weekly press conference that the fence on the Serbian border...

Deals

New private business university could open in Budapest

In addition to the existing Central European University Business School (CEU) and the International Business School (IBS), a new private...

Deals

JLL: Industrial vacancy rate decreases further

The vacancy rate of the Budapest industrial market has decreased by 6.8% as compared to first quarter last year, reaching...

Deals

Online trade in Hungary up 26% in 2014

Retail sales which took place through the internet climbed 26%, reaching HUF 273 bln in Hungary in 2014, industry association...

Deals

CIG Pannonia Life Insurance increases share in Pannonia CIG Fund Manager

CIG Pannonia Life Insurance (PLI) yesterday said it is raising its share in Pannonia CIG Fund Manager to 50%, Hungarian...

Deals

Reuters: Erste Group likely to acquire Citigroup’s Hungarian portfolio

Although they are among several contenders, anonymous sources say Erste Group is the frontrunner in securing Citigroup Inc.’s Hungarian retail...

Deals

Tigáz hands over retail gas supply license

Regional gas supplier Tigáz has requested the withdrawal of its "universal service provider" license to supply gas to households, the...

Deals

Kelly Services leases 600 sqm from Europa Capital, ConvergenCE

Europa Capital and ConvergenCE recently acquired an office portfolio of approximately 30,000 sqm and have just leased 600 sqm of...

Deals

CBRE: Demand for office leasing on the rise in Budapest

In the first quarter of this year, leasing volume in the Hungarian capital rose by 18%, as compared with the...

Deals

INA shareholders to pay €19.8 mln dividend

Shareholders of Croatian oil and gas company INA, in which Hungaryʼs MOL holds nearly 50%, approved payment of a HRK...

Deals

MNB: Rate-setters maintain guidance for continued ʼeasingʼ

The National Bank of Hungaryʼs (MNB) Monetary Council maintained their guidance for continued "cautious easing" at a policy meeting late...

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...