Deals

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Deals

AutoWallis takes over Sloveniaʼs largest BMW dealership

Hungarian automotive company AutoWallis announced successfully closing the transaction of taking over Sloveniaʼs largest BMW dealership in Ljubljana, meaning that...

Deals

Opus Global names new CEO

Attila Zsolt Dzsubák will take over as CEO of holding company Opus Global from July 1, replacing Miklós Gál, according...

Deals

OECD: COVID 2nd Wave Would Mean 10% hit to Hungary’s Economy

The OECD has predicted Hungary’s economy will suffer a contraction of between 8-10% this year, depending on whether there is...

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Deals

IT Services Hungary to rebrand as Deutsche Telekom IT Solutions

IT Services Hungary (ITSH) will rebrand as Deutsche Telekom IT Solutions, aiming to streamline the German mother company’s international b2b...

Deals

BFK launches feasibility study for Danube rail tunnel

The Budapest Development Center (BFK) has launched an open public procurement procedure for a feasibility study to examine the possible...

Deals

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Deals

Govʼt submits 2021 budget bill to Parliament

Minister of Finance Mihály Varga submitted the 2021 budget bill to Parliament today, according to a report by state news...

Deals

Hell Energy subsidiary plans HUF 24 bln hotel in Tata

Avalon Center, a member of Hell Energy group, is planning on building a 120-room, five-star hotel with a HUF 24...

Deals

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Deals

Cordia raises its stake in Polnord to 92.92%

Cordia, a member of real estate developer and investor Futureal Group, raised its stake in Polish real estate developer Polnord...

Deals

Tungsram avoids layoffs with pandemic action plan

Hungarian lighting company Tungsram announced on Monday to its employees that it would be implementing a "job protection plan" in...

Deals

Gen govʼt deficit reaches HUF 831.9 bln in March, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 831.9 billion at the end of March, the Finance...

Deals

BDPST to sell stake in Appeninn

Property developer BDPST intends to sell its 29.3% stake in listed holding company Appeninn, according to a press release sent...

Deals

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

Deals

AutoWallis takes over Sloveniaʼs largest BMW dealership

Hungarian automotive company AutoWallis announced successfully closing the transaction of taking over Sloveniaʼs largest BMW dealership in Ljubljana, meaning that...

Deals

Opus Global names new CEO

Attila Zsolt Dzsubák will take over as CEO of holding company Opus Global from July 1, replacing Miklós Gál, according...

Deals

OECD: COVID 2nd Wave Would Mean 10% hit to Hungary’s Economy

The OECD has predicted Hungary’s economy will suffer a contraction of between 8-10% this year, depending on whether there is...

Deals

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

Deals

IT Services Hungary to rebrand as Deutsche Telekom IT Solutions

IT Services Hungary (ITSH) will rebrand as Deutsche Telekom IT Solutions, aiming to streamline the German mother company’s international b2b...

Deals

BFK launches feasibility study for Danube rail tunnel

The Budapest Development Center (BFK) has launched an open public procurement procedure for a feasibility study to examine the possible...

Deals

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Deals

Govʼt submits 2021 budget bill to Parliament

Minister of Finance Mihály Varga submitted the 2021 budget bill to Parliament today, according to a report by state news...

Deals

Hell Energy subsidiary plans HUF 24 bln hotel in Tata

Avalon Center, a member of Hell Energy group, is planning on building a 120-room, five-star hotel with a HUF 24...

Deals

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Deals

Cordia raises its stake in Polnord to 92.92%

Cordia, a member of real estate developer and investor Futureal Group, raised its stake in Polish real estate developer Polnord...

Deals

Tungsram avoids layoffs with pandemic action plan

Hungarian lighting company Tungsram announced on Monday to its employees that it would be implementing a "job protection plan" in...

Deals

Gen govʼt deficit reaches HUF 831.9 bln in March, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 831.9 billion at the end of March, the Finance...

Deals

BDPST to sell stake in Appeninn

Property developer BDPST intends to sell its 29.3% stake in listed holding company Appeninn, according to a press release sent...

MOL announces conditions of ING share option agreements

Hungarian oil and gas company MOL on Tuesday announced the terms and conditions of share option agreements it concluded with...

AutoWallis takes over Sloveniaʼs largest BMW dealership

Hungarian automotive company AutoWallis announced successfully closing the transaction of taking over Sloveniaʼs largest BMW dealership in Ljubljana, meaning that...

Opus Global names new CEO

Attila Zsolt Dzsubák will take over as CEO of holding company Opus Global from July 1, replacing Miklós Gál, according...

OECD: COVID 2nd Wave Would Mean 10% hit to Hungary’s Economy

The OECD has predicted Hungary’s economy will suffer a contraction of between 8-10% this year, depending on whether there is...

Opus Global parts with last of Appeninn shares

Listed holding company Opus Global has sold the last of its shares in listed property company Appeninn, state news wire...

IT Services Hungary to rebrand as Deutsche Telekom IT Solutions

IT Services Hungary (ITSH) will rebrand as Deutsche Telekom IT Solutions, aiming to streamline the German mother company’s international b2b...

BFK launches feasibility study for Danube rail tunnel

The Budapest Development Center (BFK) has launched an open public procurement procedure for a feasibility study to examine the possible...

NAV seizes more than 30,000 boxes of untaxed cigarettes

NAV employees seized more than 30,000 boxes of untaxed cigarettes from a group of Vietnamese nationals with a criminal record,...

Govʼt submits 2021 budget bill to Parliament

Minister of Finance Mihály Varga submitted the 2021 budget bill to Parliament today, according to a report by state news...

Hell Energy subsidiary plans HUF 24 bln hotel in Tata

Avalon Center, a member of Hell Energy group, is planning on building a 120-room, five-star hotel with a HUF 24...

4iG Q1 profit climbs on strong revenue growth

First-quarter after-tax profit of listed IT company 4iG rose 11% year-on-year to HUF 312 million as revenue jumped but margins...

Cordia raises its stake in Polnord to 92.92%

Cordia, a member of real estate developer and investor Futureal Group, raised its stake in Polish real estate developer Polnord...

Tungsram avoids layoffs with pandemic action plan

Hungarian lighting company Tungsram announced on Monday to its employees that it would be implementing a "job protection plan" in...

Gen govʼt deficit reaches HUF 831.9 bln in March, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 831.9 billion at the end of March, the Finance...

BDPST to sell stake in Appeninn

Property developer BDPST intends to sell its 29.3% stake in listed holding company Appeninn, according to a press release sent...