Bence Gaál

Logistics

New 26,000 sqm hall of HelloParks Fót structurally complete

In June, the first 45,000 sqm phase of HelloParks Fót received the occupancy permit, and the next 26,000 sqm warehouse...

Automotive

AutoWallis registers record sales in all areas

The AutoWallis Group is breaking records in all of its business segments, with 60% of last year's total annual vehicle...

Tourism

Most Hungarians go Digital When Paying Abroad

Hungarian travelers prefer using their bank cards or smart devices to pay while holidaying abroad, according to Visa’s Travel and...

Parl’t passes KATA amendments amidst protests

The parliament on Tuesday adopted an amendment restricting the Itemized Tax for Small Businesses (KATA) to sole proprietors, with 120...

Innovation

ELTE becomes founding member of EIT Culture & Creativity

The European Institute of Innovation and Technology (EIT) has announced the winning team set to build EIT Culture & Creativity....

Conferences

Palkovics outlines innovation progress, key future challenges

The American Chamber of Commerce in Hungary (AmCham) held a business forum on Monday featuring Minister of Technology and Industry...

Residential

Cordia starts large-scale urban regeneration project in Poland

With the cornerstone laying ceremony, Cordia has begun its latest large-scale urban regeneration project, the revitalization of the site of...

Office Market

E.ON to be 1st exclusive office tenant at BakerStreet

E.ON Hungária Zrt., the Hungarian unit of the E.ON Group has decided to move its Budapest site to BakerStreet, developed...

Appointments

Baker McKenzie’s Budapest office names Fehérváry managing partner

Ákos Fehérváry took over as the managing partner of global law firm Baker McKenzie's Budapest office on July 1, replacing...

Appointments

AutoWallis’ shareholders elect new supervisory board member

AutoWallis held an extraordinary general meeting on July 1 where shareholders elected Petra Birkás as Supervisory Board member and decided...

HR

Vodafone introduces comprehensive health insurance service for employees

Medicover Corporate Health Insurance is now available for Vodafone Hungary's employees, allowing them to access a wide range of healthcare...

Appointments

New country manager at Microsoft Hungary

Péter Szabó took over as country manager for Microsoft Hungary today, replacing Chris Mattheisen, the company tells the Budapest Business...

Office Market

100% occupancy reached at myhive Atrium Park

Thanks to successful new and extended leases, myhive Atrium Park, located on Váci út, has leased its entire 31,200 sqm...

Deals

AutoWallis, partner to close acquisition of Renault Hungária this fall

AutoWallis and the Portuguese Salvador Caetano Group expect to close the acquisition of Renault Hungária this fall, later than originally...

Retail

Popularity of ‘alternative’ air cooling equipment on the rise

Every year during the summer heatwave, many people decide to buy air-conditioning units to cool their homes, but according to...

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...