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Companies

Hungary's OTP Bank seen "beaten" by Mizuho in Vietnam bank bid

Mizuho Financial Group has entered the final stage of talks to buy a stake in Vietnam’s largest publicly traded bank for as much as 60 billion yen (USD 760 million), Bloomberg cited a person with knowledge of the discussions as saying. Previously, Hungary’s OTP Bank had also said it intended to enter... 

Erste agrees to boost stake in Romanian BCR for EUR 435 m

Erste Group Bank AG has reached an agreement in principle with four of the five specialised investment... 

Banco Popolare in talks to sell Hungarian subsidiary

Banco Popolare SpA, Italy’s fourth-largest bank, is in advanced talks to sell its Hungarian operations... 

A week of financial implosion: implications for SMEs - Euro-Phoenix

It has been a week out of hell in financial markets: S&P downgrades US Treasuries, the Dow plunges below... 

Romania sets minimum price for 9.8% Petrom package

The Romanian government, which is selling 5.57 billion shares (a 9.8% package) in the country’s... 

Hungary's MKB Bank may become an acquisition target for Russia's Sberbank

Central and Eastern European lenders worth as much as EUR 9 billion may be put up for sale in the coming... 

Austria's Volksbanken agrees to sell Eastern European arm VBI to Russia's Sberbank

Östereichische Volksbanken AG Group (ÖVAG) has agreed to sell its troubled eastern European arm, Volksbank... 

OMF closes Pakistani purchase

Austrian fuels group OMV has announced on Tuesday that it has successfully completed the acquisition... 

Hungary OTP drops plan to buy RBS Romania, expansion focus remains

OTP Bank, Hungary’s largest lender, has surrendered plans to acquire RBS Bank Romania as the parties... 

Hungary's OTP Bank comments VBI acquisition speculation: "No comment."

According to a report in Russian business daily Kommersant on Thursday, Hungary’s OTP Bank has... 

Hungary OTP seen interested in buying Austria's VBI

Hungary’s OTP Bank is also showing serious interest in acquiring a majority stake in Volksbank... 

Brussels gives the go-ahead to Raffeisen on Polish merger

The acquisition of Polbank is going as planned for Raiffeisen Bank International, as on Thursday the... 

AAA Auto announces mini acquisition

AAA Auto Group N.V. has announced that on 20 June 2011 it acquired a 60% share in the company Hofre two... 

Imtech buys YIT's Hungarian activities

Imtech N.V., a technical services provider in Europe, has announced on Monday that it has acquired the... 

Deutsche Telekom to skip Hungary when eyeing potential buys in Europe

Deutsche Telekom, which agreed to sell its T-Mobile USA wireless unit for USD 39 billion in March, may... 

Hungary FHB Commercial Bank to merge with Allianz Bank

Hungary’s Land Credit and Mortgage Bank (FHB) accounted that the financial markets authority has... 

China's Wanhua takes full control of Hungary's BorsodChem

Chinese chemicals producer Wanhua Industrial Group has on Tuesday acquired full ownership of Hungarian... 

Cinema City buys Palace Cinemas chain in Hungary, Czech Rep., Slovakia

Cinema City International has announced on Thursday that it has acquired the Palace Cinemas’ chain... 

Commentary

ANALYST VIEW - UBS downgrades Hungary's MOL, keeps target price unchanged

Following a 40% pickup in the share price of MOL from its low point in March, UBS has on Monday downgraded the oil stock to ‘Neutral' from ‘Buy'... 

Central and SE Europe sliding into recession, new growth engines necessary - WIIW

Countries of Central and Southeast Europe imported the financial crisis and are at the same time also hit by the recession in Europe. But many of them... 

ANALYST VIEW - Five funds to accept Hungarian MOL's bid on INA - Wood, KBC

A group of five investors in Croatian fuels group INA said on Tuesday they would accept MOL's HRK 2,800 offer because deteriorating market conditions have... 

Views and Interviews

Timing and competence in intergenerational transfer - Euro-Phoenix

Any business owner who has children will usually consider transferring the business to one or more children as an eventual exit option, says Les Nemethy... 

"Everybody wants to be Warren Buffett" - Portfolio.hu Interview

How come Warsaw saw a barrage of new listings, while there was almost none in Budapest and Prague? What type of capital sources corporates choose in the... 

Overview of Javier ECHARRI's speech

JAVIER ECHARRI Secretary General European Private Equity & Venture Capital Association Europe's buyout... 


Latest news

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

16:27 | BofA/ML convinced by Hungary's commitment to fiscal consolidation

14:21 | Hungary Fidesz popularity lead over Socialists dips to 9 percentage points

14:14 | Hungary ÁKK sells HUF 6.5 bn bonds in non-competitive tenders

14:08 | Hungary EcoMin publishes macro assumptions for 2013 budget

14:00 | IMF ready to start talks with Hungary once c.bank issues are resolved - Ivaschenko

12:09 | Hungary lifts bond auction over strong bidding, yields rise

11:45 | Hungary Egis expects domestic exposure to decrease

10:37 | Hungary could start talks with IMF/EU on credit in June - Fellegi

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