Bence Gaál

Appointments

Skanska commercial dev unit names new EVP of operations Hungary, Romania

Aurelia Luca became the new executive vice president of operations Hungary and Romania for Skanska’s commercial development business unit, the...

Logistics

Development of East Gate PRO starts

Developer WING is launching the second phase of their East Gate Business Park project at the junction of motorways M0...

Drinks

12% of Hungarians drink sugary beverages daily

Some 12% of Hungarians consumed sugar-sweetened beverages on a daily basis in 2019, according to data by statistical agency Eurostat....

Appointments

New financial director at Heineken Hungária

Rachel Averill is set to succeed Alena Mazanikova as head of financial department at Heineken Hungária on August 1. The...

Retail

Wolt Market to be launched in Hungary

Wolt Market, Wolt's own delivery-only store, will be launched in Hungary this fall, according to a press release sent to...

History

Exhibition of Hungarian Olympic history opens at Millenáris

The renewed Millenáris is hosting a unique Hungarian Olympic history exhibition entitled "Our World Champions - 177 Fabulous Victories" until...

Deals

MTK joins forces with Resysten to allow safe return of fans

Resysten, a company that manufactures an antimicrobial coating that protects surfaces from the spread of COVID-19 and other pathogens for...

Office Market

Wing to develop new RTL Hungary HQ

Wing and RTL Services Kft., a business services company of Magyar RTL Televízió Zrt., have signed a long-term lease agreement...

Sustainability

Codic aiming for accessibility with ongoing projects in Budapest

Brussels-based Codic Group's Hungarian subsidiary is aiming to achieve Access4you Design & Building Gold certification to provide a barrier-free environment...

Transport

Record cargo traffic at Budapest Airport in H1 2021

Budapest Airport handled some 86,798 tons of air cargo during the first half of 2021, which is the strongest result...

Pharma

EC approves commercialization of Richter’s uterine fibrosis drug

Gedeon Richter Plc. announced that the European Commission (EC) has granted approval for the marketing authorization of RYEQO a novel...

Manufacturing

Hungary produced more than 150,000 bicycles in 2020

Hungary produced a total of 151,788 bicycles in 2020, up from 128,924 a year before, according to data by statistical...

Retail

IMMOFINANZ adds Italy as new market to STOP SHOP portfolio

IMMOFINANZ is continuing the expansion of its STOP SHOP retail park brand by entering a new market in Western Europe...

Telco

Data usage spiked during Hungarian EURO 2020 matches at Telenor

The interest in the Hungarian national team's matches at the recently concluded European Football Championship is shown by the striking...

Government

Spyware used to monitor investigative journalists in Hungary

Pegasus, a spyware program for hacking smartphones developed by Israeli company NSO, was deployed against Hungarian targets including investigative journalists...

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...