4iG, state make EUR 1.8 billion offer for Vodafone Hungary

Listed IT company 4iG and state-owned Corvinus have entered into non-binding heads of terms with Vodafone Group to acquire 100 percent of the telco's Hungarian unit for a cash consideration equivalent to an enterprise value of 715 billion forints (EUR 1.8bn), 4iG announced on ...

Battery plant in Debrecen largest ever investment project in Hungary

The largest ever investment project in Hungary will be carried under an agreement signed with Chinese battery producer Contemporary Amperex Technology (CATL) which will set up its second European plant in Debrecen, in eastern Hungary, the parliamentary state secretary of the foreign ministry said ...

Ryanair fined HUF 300 million for ‘misleading customers’

Hungary's customer protection authority has fined low-cost airline Ryanair 300 million forints (EUR 765,000) for "misleading customers through its dishonest business practices", Justice Minister Judit Varga said on Facebook on Monday.