Bence Gaál

Appointments

New CEO at the helm of DUIHK

On July 1, Barbara Zollmann officially took over as the CEO of the German-Hungarian Chamber of Industry and Commerce (DUIHK),...

Food

MOL opens 1000th Fresh Corner unit

Hungarian oil and gas company MOL handed over its 1000th Fresh Corner, according to a press release sent to the...

Residential

Budapest’s only natural urban beach opens at BudaPart

The SHO BEACH BudaPart, Budapest's only natural urban beach, opened on July 3 in the capital's new neighborhood, BudaPart, according...

Residential

Residential property market activity strong in June

A total of 13,615 residential property transactions took place in Hungary in June 2021, according to estimates by real estate...

Social

Runway Run to be held for the 9th time

Ferenc Liszt International operator Budapest Airport is set to organize the ninth edition of Runway Run, its charity run, on...

Hotels

Matild Palace, a Luxury Collection Hotel, opens

The Luxury Collection Hotels & Resorts, part of Marriott International, announced the opening of Matild Palace, a Luxury Collection Hotel,...

Conferences

Swedish Chamber hosting ‘CSR Awareness Week’

The Swedish Chamber of Commerce in Hungary is hosting the first Hungarian "CSR Awareness Week", running until July 4, according...

Recycling

McDonald’s Hungary phasing out single-use plastics

McDonald's Hungary started phasing out single-use plastic straws, cutlery, and plastic lids covering beverage cups from all its domestic outlets...

Art

New exhibition recalls scenes from former ballet institute

The Hungarian Dance Academy has joined forces with DVM group, the company responsible for the reconstruction of Dreschler Palace, to...

EU

Share of young adults holding tertiary degree below EU avg

In 2020, 31% of people aged 25-34 had completed tertiary education in Hungary, according to data by statistical agency Eurostat....

Figures

Number of road fatalities above EU average

In 2019, Hungary registered 62 road traffic fatalities per one million inhabitants, according to data by statistical agency Eurostat....

Appointments

Dentons rehires banking and finance partner

Dentons has rehired banking and finance lawyer Gábor Király as a partner in the Budapest office....

Automotive

Magyar Suzuki produces 112,475 vehicles in 2020

In 2020, a total of 112,475 vehicles rolled off the production line at Magyar Suzuki Esztergom plant, with hybrid cars...

Analysis

Job ads in hospitality, tourism sector grow drastically 

The number of job vacancies advertised in the domestic hospitality and tourism sector more than tripled in April compared to...

Figures

AIC per capita in Hungary 3rd lowest in EU

In 2020, actual individual consumption (AIC) expressed in purchasing power standards (PPS) stood at 69% of the EU average in...

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...