Bence Gaál

Government

Energy Crisis Requires Public Intervention in Corporate Sector – Nagy

Minister for Economic Development Márton Nagy said that addressing the energy crisis requires public intervention in the corporate sector at...

City

Completion of Metro Line M3 Renovation Delayed

The renovation of Budapest metro line M3 could be completed by Q2 2023 at the earliest, instead of the first...

Awards

Budapest Airport Named Cargo Hub of the Year

Air Cargo News, one of the largest international cargo agencies, held its annual award ceremony in London on Friday. Based...

Food

Fausto’s 1st Ever Charity Event Raises Nearly HUF 4 mln

The first ever charity event organized by Italian restaurant Fausto's managed to raise HUF 3.8 mln for the Haemophilia Foundation...

Deals

Immofinanz Acquires CPIPG’s Retail Portfolio

As part of its value-creating growth strategy with a focus on high-return properties, Immofinanz is acquiring 53 retail properties in...

Transport

Wizz Air to Acquire 75 Airbus A321neo Planes

Low-cost airline Wizz Air has announced that it has given notice to Airbus to exercise its purchase rights in relation...

Industrial

Wing Completes Airport City Hall ‘I’

Wing has completed the latest hall at Airport City Business Park, located at Ferenc Liszt International Airport, according to a...

Fintech

Tourism Key Driver of Hungarian E-Payment Market

The number of domestic payment card transactions increased by 16% quarter-on-quarter between April and July, and by 29% compared to...

Recycling

Alteo, Shell Launch Joint Used Cooking Oil Collection Program

Shell Hungary, Alteo, and Biotrans are set to launch a nationwide used cooking oil collection program this year, according to...

Appointments

UPS Appoints Regional Director

UPS has appointed Daniela Constantinescu as the country director for its subsidiaries in Hungary, Greece, Romania, and Slovenia (HUGRROSI region)....

New Projects

EdTech app Redmenta Receives EUR 140,000 Angel Investment

Hungarian educational technology app Redmenta has received a EUR 140,000 investment from angel investors. Redmenta is looking to use the...

Tourism

Budapest Airport Registers Almost 1.3 mln Passengers in August

The growth in passenger numbers, typical of the summer months, continued in August, with a total of 1,299,814 passengers passing...

Residential

3rd Phase of Living’s Park West Launched

Park West residential development project, announced by Living at the end of 2020, has now reached its third phase: the...

Residential

Apartments of Cordia’s 1st U.K. Project Handed Over in Birmingham

The apartments of the first phase of The Gothic project, developed by Cordia Blackswan, a local subsidy of Hungary's leading...

Industrial

New Development Underway in Sóskút Industrial Park

A 1,500 sqm real estate development is underway in the Sóskúti Ipari Park (Sóskút Industrial Park) located next to the...

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...