HUNGARY
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Electrica Enters Hungary
Electrica (EL.RO), the biggest electricity supplier in Romania and a listed company part of BET main index, was granted an electricity trading license by the Hungarian Energy and Public Util...
Digi Exits Hungarian Market After 23 Years for EUR625M
Telecommunications operator Digi Communications (DIGI.RO) on Monday evening announced completion of the sale of operations in Hungary for EUR625 million.
Digi Seals Deal to Sell Hungarian Operations to 4iG
Telecom operator Digi, controlled by businessman Zoltan Teszari of Oradea, announced it sealed the sale-purchase contract for its Hungarian operations with 4iG.
Kitchen Shop Set to Open Second Store in Hungary
Cooking equipment retailer Kitchen Shop will grow to 19 stores after opening its second store in Hungary. The other 17 offline stores are in Romania.
Local Food Delivery Startup LifeBox Expands to Hungary
Romanian startup LifeBox, founded by Radu Balaceanu, Florin Scarlat, and Lukasz Kuzniar, is expanding outside Romania and enters the healthy food delivery in Hungary under the brand FrissBox...
Sameday Expands To Hungary With Door-To-Door And Easybox Services
Courier services company Sameday, owned by online retailer eMag, has announced its expansion on the Hungarian market, considering that it is already present on this market with delivery opti...
Hungary Temporarily Blocks VIG's Acquisition of Aegon Operations in CEE
Vienna Insurance Group's planned acquisition of Dutch Aegon's Central and Eastern European business is temporarily blocked by Hungary which said it would deny approval for the acquisition of...
Digi Sells Hungarian Operations After 23 Years
Fixed and mobile communications group Digi (DIGI.RO) held by Oradea businessman Zoltan Teszari, on Monday night announced its most painful business decision ever: the exit from its second mo...
eMAG Opens Its First Showroom Outside Romania, In Hungary
eMag Group has opened its first showroom outside Romania, in Budapest (Hungary), and eyes three similar projects until the end of 2020, in Hungary, targeting sales of EUR300 million on this...