Bence Gaál

Automotive

Used car sales remained strong during summer months

According to preliminary data published by DataHouse, 534,400 cars changed hands on the domestic used car market by the end...

Transport

BUD handled more than 1.5 mln passengers during summer

Ferenc Liszt International Airport (IATA: BUD) handled some 702,524 passengers in August, up 78% compared to August 2020, bringing the...

Retail

Etele Plaza to open today

Etele Plaza, Hungary's first smart shopping center is set to open its doors to the public at 10 a.m. today,...

HR

Tungsram switches to hybrid work

After a year and a half of home office, Tungsram reopened its HQ building in Budapest last week, with office...

Sustainability

CPI Hungary announces switch to green energy from 2022

From 2022, CPI Hungary will supply the electricity needed to run its property portfolio exclusively from renewable sources, enabling tenants...

Incubators

ESA, Design Terminal launch space industry startup incubator

The European Space Agency (ESA) and Design Terminal announced the launch of the ESA BIC Hungary program, offering mentoring and...

Office Market

Wing announces new office development HOP Passage

Wing, one of the largest real estate companies in Hungary, is launching a new office development: HOP Passage will be...

Office Market

ConvergenCE sells Árpád Center

ConvergenCE closed the sale of Árpád Center, a popular office building at the junction of Árpád híd and Váci út,...

Innovation

Cyberg planning capital raise

Digital platform developer and fintech solutions provider Cyberg announced plans to raise capital to assist with rapid market expansion....

Retail

Gap announces 1st Hungarian store in Etele Plaza

American casual clothing and accessories brand Gap announced its entry into the Hungarian market through a franchise partnership with Ganeta...

Office Market

Premium restaurant and canteen to be opened in H2Offices

Restaurant service provider Kantin is the first tenant announced at Skanska's latest office development project H2Offices....

Recycling

Coca-Cola HBC Hungary withdrawing single-use plastic cups

Coca-Cola HBC Hungary is withdrawing its single-use plastic cups from the Hungarian market, replacing them with fully recyclable paper cups...

Appointments

Waberer’s announces new CEO, management structure changes

Logistics company Waberer's International announced the appointment of Zsolt Barna as chief executive officer....

Office Market

Millenium Gardens to feature bistro-style restaurant

TriGranit, the developer of Millennium Gardens and the Kantin restaurant chain, which focuses on premium office catering, have agreed to...

Figures

262 new coronavirus cases registered in Hungary

Some 262 new coronavirus cases were registered in Hungary yesterday, bringing the total number of confirmed cases to 812,793, according...

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...