Bence Gaál

Logistics

GLP leases 43,000 sqm at Sziget Logistics Center

GLP has leased a 43,000 sqm unit at Sziget Logistics Center to Fiege Group, a leading European logistics company that...

Residential

Duna Pearl residential complex reaches highest point

Duna Pearl, a new residential complex which is being built right next to the Danube bank in Budapest's District XIII,...

Automotive

Recovery of used car market continues in May

A total of 323,000 used cars were sold in Hungary in January-May 2021, which is just 1% below the number...

Deals

Lead Ventures signs strategic coop deal with Plug and Play

Lead Ventures enters into cooperation with U.S.-based Plug and Play, which created the world’s largest corporate innovation and acceleration platform,...

Deals

Seyu, Blue United Corporation announce collaboration

Seyu and Blue United Corporation announced the start of the collaboration between both organizations, with Blue United becoming Seyu’s official...

Social

Madame Tussauds to open in Budapest in 2022

A new Madame Tussauds will open in downtown Budapest in early 2022, according to a press release sent to the...

Analysis

European e-commerce soars during pandemic – study

During the pandemic, the number of those who plan to make their main purchases online in the long run too...

Residential

Real estate market activity strong in May

Estimates by real estate broker Duna House show the strongest May real estate market activity in years, with a 5%...

Transport

Budapest Airport registers 88,827 passengers in May

Some 88,827 passengers traveled through Budapest Airport in May, which is nearly four times the greatly reduced traffic registered in...

Retail

Vivre becomes a member Ecommerce Hungary

Vivre, one of the largest online home furnishings stores in the CEE region, has joined the Ecommerce Hungary association to...

Figures

199 new coronavirus cases registered in Hungary

The number of active coronavirus cases in Hungary stands at 52,272, with 199 new cases and 8 new deaths registered...

Food

Insect protein unpopular among Hungarians

Nearly two-thirds of people in Hungary would never consume food containing insect protein and only 8% think that there is...

Residential

Cordia aims to realize almost half of total sales in Poland

In addition to the stable Hungarian performance and its international expansion, property developer Cordia is planning to sell 745 apartments...

Figures

206 new coronavirus cases registered in Hungary

The number of active coronavirus cases in Hungary stands at 54,399, with 206 new cases and 7 new deaths registered...

Office Market

IMMOFINANZ wins ‘Office Branding of the Year’ award

IMMOFINANZ was awarded the “Office Branding of the Year Award" at the Office of the Year Competition for its myhive...

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...