Bence Gaál

Science

Hungarian Scientists win NASA Computer Model Challenge

Freelance data scientists and deep learning developers Axel Ország-Krisz and Richárd Ádám Vécsey, longtime friends and collaborators, won the top...

Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Longer-term disruptions in gas supply would lead to significant reductions in production and consequently also to job losses, according to...

City

3 Downtown Districts Planning to Introduce 30 km/h Speed Limit

The Municipality of Budapest is preparing a plan to reduce traffic in the inner districts of the capital, according to...

Energy Trade

Palkovics Outlines 4 Energy Scenarios Hungary May Face in 2022

Representatives of the Hungarian government discussed energy and economic issues with representatives of German companies operating in Hungary at a...

Appointments

Danubius Hotels Appoints Group Director of Development

Andrea Róna became the group director of development at Danubius Hotels on July 1, 2022, according to a press release...

Office Market

Futureal Investment Partners Redevelops Wratislavia Tower in Wroclaw

Futureal Investments Partners has announced that it will start the renovation of one of its recently acquired real estate investments...

Appointments

New Sales Director Named at Dreher

Csaba Szilágyi took over Dreher's sales director in June 2022, joining from Jacobs Douwe Egberts' headquarters in Amsterdam, according to...

Recycling

Spar Eliminates Single-use Plastic Bags for Good

Starting this month, only biodegradable bags will be available in the fruit and vegetable sections of Spar and Interspar stores...

Conferences

MOME Open’s New Masterclass Aims to Develop Sustainable Business Models

Moholy-Nagy University of Art and Design (MOME) is set to hold an English-language masterclass entitled "Business of Saving the World",...

In Hungary

10th Paloznak Jazz Picnic to be held this week

The 10th edition of the Paloznak Jazz Picnic will be held between August 4-6, featuring some 40 concerts as well...

Office Market

CPIPG to provide local asset management services to Immofinanz

Following the majority takeover of Immofinanz by CPI Property Group (CPIPG), resulting in the shareholding of about 77%, Immofinanz announced...

Transport

Wizz Air announces new route to Madeira

Wizz Air will add a new route to the island of Madeira in Portugal this year, according to a press...

Retail

Shell Hungary temporarily suspends operation of 5 gas stations

Shell Hungary has decided to temporarily shut down five refueling stations in Hungary from August 1 in response to the...

Appointments

New communications head at Property Market

Balázs Both took over as head of communications at one of Hungary's largest property development companies, Property Market, in May...

Sustainability

Europa Capital, ConvergenCE 1st to commit to WiredScore certification in Hungary

WiredScore, a global certification for technology in real estate, has launched its WiredScore and SmartScore certifications in Hungary. WiredScore already...

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...