Newsflash

Hungary’s OTP Bank has announced on Friday that on 25 February it acquired an 80% direct control over venture capital fund PortfoLion Kockázati Tőkealap-kezelő Zrt. PortfoLion has a subscribed... 

OTP Bank, Hungary’s largest bank by assets, has announced on Wednesday that CJSC Donskoy Narodny Bank (DNB) was merged into OJSC OTP Bank. The merger has been registered by the Court of Registration... 

While Bank of America/Merrill Lynch has raised its target price today for MOL, Natixis has trimmed back its TP for the Hungarian fuels group to HUF 17,400 from HUF 17,600. Natixis, which has raised... 

(Adds details) Bank of America/Merrill Lynch has sharply raised its target price for Hungary’s MOL to HUF 20,000 from HUF 17,000. It has also confirmed its ‘Buy’ rating on the oil stock.... 

Raiffeisen has raised its target price for Hungarian fuels group MOL to HUF 18,355 from HUF 18,191 previously, while it maintained its ‘Hold’ recommendation unchanged. Raiffeisen has not... 

OTP Bank Plc., Hungary’s largest lender, has announced on Friday that the capital increase - in the amount of RON 30 million - of its Romanian subsidiary has been registered by the Romanian Court... 

Anthony James Denny, Chief Executive Officer of listed used car dealer chain AAA Auto, bought 21,390 AAA Auto shares on the Budapest and Prague stock exchanges on January 19, 22 and 25, the company has... 

Russian gas monopoly Gazrpom does not intend to acquire a stake in Croatian oil company INA at this moment, daily Poslovni dnevnik reported, citing Gazprom’s PR officer Anastasia Ivanova. Gazprom’s... 

OTP Bank, Hungary’s largest lender, has announced on Friday that the issuance of OTP 2010/XX 6.0% fixed-rate bonds has concluded successfully. The subscription period of the fixed rate OTP 2010/XX... 

Hungarian fuels group MOL has announced on Friday that one of its Board members sold nealry 3,000 MOL shares. László Akar, member of the Board of Directors of MOL sold 2,971 MOL shares at HUF 16,225... 

Hungary’s OTP Bank has announced on Tuesday that in order to cover the ETFBUXOTP fund on 16 November the bank sold 11 own shares at an average price of HUF 5,741 per share, with the contribution... 

Hungary’s leading drugs producer Richter has announced on Monday that in line with a decision by the Board of Directors the company has distributed 13,120 Richter treasury shares among its employees... 

Hungary’s Richter has announced on Wednesday that one of the investment funds of Aberdeen Asset Management boosted its stake in the company to 10.05% on 26 October. Aberdeen acquired a 5.06% stake... 

Canadian-Hungarian Central European Capital Co. (C.E.C.C.) has announced setting up Dataneum Zrt., a company with HUF 500 million subscribed capital that built a HUF 1.5 billion server park in Budapest’s... 

UniCredit has informed Hungary's Richter on Monday that out of the EUR 833 million nominal value bonds exchangeable into common shares of Richter, issued by Hungarian State Holding Company (MNV) and due... 

Hungarian national asset management company has closed the sale of bonds exchangeable for a 25% stake in drugs maker Richter and the EUR 833.3 million in proceeds from the offering had arrived on its account.... 

Hungary's oil and gas group MOL has announced on Thursday that Sándor Fasimon, Senior Vice President of Supply & Trading of MOL sold 4,000 MOL shares at HUF 16,199 on average on the Budapest Stock Exchange... 

(MOL spokeswoman explains mass sale of MOL shares) Hungarian fuels group MOL has announced on Thursday that József Simola, Executive Vice President of Corporate Centre sold 10,000 MOL shares at HUF 16,064... 

Hungary's Magyar Telekom has announced on Wednesday that Capital Research and Management Company acquired MTel shares on 18 September, boosting its MTel stake to 52,573,879 shares and thus its voting rights... 

Hungarian fuels group MOL has announced on Friday that Chief Executive Officer György Mosonyi sold 18,000 MOL shares at an average price of HUF 15,785 on the Budapest Stock Exchange (BSE) on 17 September...