Bence Gaál

Int'l Relations

U.S. Ambassador Presents Credentials to President Novák

Yesterday afternoon, U.S. Ambassador to Hungary David Pressman presented his Letter of Credence to President of Hungary Katalin Novák at...

Logistics

Borsodi Completes new Logistics Hall

Borsodi Brewery has completed a new logistics hall worth nearly HUF 1 billion, allowing the company to optimize its logistics...

Fintech

Hungarians Wish to be Rewarded for Sustainable Shopping

A new Visa commissioned research covering attitudes of Hungarians towards sustainability, CSR, and associated consumer habits revealed that initiatives rewarding...

Transport

Tesco, Shell to Offer EV Charging at Over 100 Sites in Hungary

Shell Hungary and Tesco-Global Áruházak are partnering to make EV charging more convenient with Shell Recharge stations at Tesco stores,...

Appointments

New Director of Sales at Matild Palace

Viktória Berényi took over as the new director of sales of Matild Palace in August 2022, the establishment told the...

Transport

Wizz Air Announces Major Expansion in Romania

Wizz Air has announced a major expansion in Romania, adding five aircraft to its fleet at its base in Bucharest...

Logistics

1st HelloParks Halls Already Fully Occupied

The first two warehouses of the industrial real estate developer HelloParks have become 100% occupied over a few months, according...

Automotive

Duna Motors to Begin Selling MG Vehicles in 22 Dealerships

Duna Motors Disztribúció Kft, the Hungarian importer of the iconic British car brand Morris Garages, announced that it will officially...

Manufacturing

Accell Hunland Celebrates 20 Years in Hungary

Accell Hunland, the manufacturer of bicycle brands such as Haibike, Ghost, Winora, Lapierre, and Raleigh, celebrated the 20th anniversary of...

Int'l Relations

President Novák Pays Homage to Queen Elizabeth II

President of Hungary Katalin Novák paid tribute to Queen Elizabeth II on social media, after the monarch's death yesterday....

Appointments

Federico Giovine Named Gresham Palace Hotel Manager

Federico Giovine has been named the new hotel manager of Four Seasons Hotel Gresham Palace Budapest....

Drinks

DP Drinks Named Exclusive Distributor of Campari Portfolio in Hungary

DP Drinks Hungary, a fully owned subsidiary of DunaPro Group, became the exclusive distributor of the premium alcohol brands of...

Automotive

GVH Clears AutoWallis, Partner’s Acquisition of Renault Hungária

The Hungarian Competition Authority (GVH) has consented to AutoWallis Caetano Holding Zrt., founded by the AutoWallis Group and its Portuguese...

Deals

Skanska Enters Long-Term Partnership With DBH Group

Skanska has entered a long-term partnership with DBH Group, which is leasing a total of 5,100 sqm office space in...

Recycling

New Aluminum Recycling Plant in Székesfehérvár Breaks Ground

A new aluminum recycling plant by Hydro is now under construction in Székesfehérvár (about 58 km southwest of the capital)...

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...