Bence Gaál

Government

Gov’t Lifts Fuel Price Freeze Amid Shortage

The Hungarian government has decided to lift the fuel price freeze, Gergely Gulyás, Minister of the Prime Minister's Office, announced...

Automotive

MOL Unable to Deliver New Fuel Orders Until Monday

Until midnight on Sunday, MOL's wholesale partners can only place new orders for fuel if they can arrange delivery themselves,...

Retail

Retail Sales in Hungary up 0.6% y.o.y. in Oct

In October 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the...

Office Market

Veeva Systems Relocates Budapest Office to Roseville

Veeva Systems Hungary, the Hungarian unit of Veeva Systems Inc. has decided to relocate its Budapest site to RoseVille, developed...

Office Market

Infomix Becomes Tenant at CityZen

Infomix, a company that has been developing software for Hungarian doctors since 1990, became a tenant of the CityZen Office...

Conferences

Countries Exchange Experiences for Better Production of Cattle

To help increase the efficiency, productivity, and sustainability of cattle production, the Food and Agriculture Organization of the United Nations...

Transport

Mahart Container Center Depot Opening at Budapest Airport

Mahart Container Center (MCC), one of Hungary’s leading container terminal operators, has leased a new, 30,000 sqm operational area at...

Appointments

Indotek Group Appoints Int’l Sales Director

Indotek Group has appointed András Kovács as international sales director to support the company's growing international presence, according to a...

Analysis

Hungary GDP Rises 4% y.o.y. in Q3

The volume of Hungary's gross domestic product increased by 4% in Hungary in the third quarter of 2022 compared to...

Government

8 High School Teachers Fired for Civil Disobedience

The Ministry of the Interior announced on Wednesday that eight teachers of three high schools in the capital were fired...

Initiatives

Circular Economy the Key to Halting Biodiversity Loss, BCSDH says

The fifth Circular Economy Summit was held this month with nearly 150 people in attendance. The event focused on the...

Hotels

Hard Rock Hotel Opens ‘Star Chalet’ for Winter Season

As the festive season approaches, Hard Rock Hotel Budapest will offer guests an immersive gastronomic experience in its Star Chalet...

Innovation

Brain Business Job Growth in Hungary Among Top 5 in Europe

Since 2014, the number of brain business jobs in Hungary has increased by 41%. These are jobs in knowledge-intensive occupations,...

Awards

Deloitte Hands out ‘Best Managed Company’ Awards

Big Four firm Deloitte has revealed the winners of the 2022 "Best Managed Companies" Award in Hungary, according to a...

Telco

Vodafone and WWF Announce Global Partnership

Vodafone and WWF have announced a major global partnership that will support Vodafone’s goals to reduce carbon emissions to ‘net...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

K&H: Delayed Investments Deepen Agricultural Crisis

Hungary's agricultural sector remains under pressure after years of postponed efficiency-enhancing investments, with K&H Bank reporting that its Agricultural Confidence...

Hungary Targets Higher-Value Business Services as Sector Nears 120,000 Jobs

Hungary will make high-value business services a priority in its new investment promotion strategy, State Secretary for Foreign Economic Affairs...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

MSD Hungary Managing Director Sean R. Smith to Take Global Role

Sean R. Smith will conclude his assignment as managing director of MSD Hungary at the end of 2026 and move...

Communication Holds the Key to Office Tenant Satisfaction, AmCham Panel Finds

Office tenant satisfaction depends as much on communication and cooperation as on a building’s technical performance, participants at an AmCham...

Hungary Publishes Communist-Era Informant Files Online

Hungary has made the names and personal details of tens of thousands of communist-era informants publicly accessible through a new...

Budapest Stock Exchange Turnover Jumps 24% in October

Equity turnover on the Budapest Stock Exchange (BSE) rose 24% month-on-month to HUF 701.8 billion in October, the exchange said....

Budapest’s Chain Bridge to Light Up in Swiss Colors on November 5

Budapest’s Chain Bridge will be illuminated in red and white on the evening of November 5 to mark the 80th...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

Hungary’s GDP grew 1.5% year-on-year in the Q3 2026, supported by industry and services, while drought-hit agriculture held back the...

Hungary’s Natural Population Decline Widens as Births Fall 4.8% in September

Hungary recorded a natural population decline of 2,895 in September 2026 as births fell faster than deaths, preliminary data from...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Regional Executive Salaries Near HUF 6 mln as More Managers Consider Job Changes

Regional executives typically earn gross monthly salaries of HUF 5.9 mln, while 76% of managers are open to changing jobs,...

Wise Launches Forint Investment Feature With 4.72% Variable Return

Wise has introduced an investment feature for forint balances, offering a variable annualized return of 4.72% after fees while retaining...