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Hungary secures a stakes in Azerbaijan's Shah Deniz as field. (Photo: CGTN | VCG)

2 min read

Azerbaijan Business Hungary Russia Ukraine

Hungary diversifies energy supply with stake in Shah Deniz gas field

Post Date 06/05/2024

In a move to diversify its energy sources and reduce dependence on Russian gas, Hungarian state-owned energy conglomerate MVM has announced its purchase of a [more…]

Hungarian Bank OTP eyes acquisition of Luminor in Baltic expansion bid. (Photo: OTP Bank)

2 min read

Business Estonia Hungary Latvia Lithuania U.S.

Hungarian Bank OTP considering bid for Luminor

Post Date 05/02/2024

In a recent development, Hungarian bank OTP is reportedly eyeing a bid to acquire Luminor, a financial institution operating in the Baltic region. This move [more…]

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