Bence Gaál

Banking

Citi Foundation donates HUF 38,6 mln to Hungarian Red Cross

Citi Foundation announced that it is making a donation worth HUF 38,6 million to the Hungarian Red Cross to support...

Ratings

Moodyʼs affirms Baa3 issuer ratings of Budapest, changes outlook to positive

Moodyʼs Investors Service, has affirmed the Baa3 local and foreign currency issuer ratings of Budapest and changed the outlook to...

Figures

851 new cases of COVID-19 registered in Hungary

The number of active coronavirus cases in Hungary has increased to 19,637, with 851 new cases registered since yesterday, according...

EU

Orbán calls for resignation of EC VP Jourová

Prime Minister Viktor Orbán has called for the resignation of the European Commissionʼs VP for Values and Transparency Vera Jourová,...

Ratings

Moodyʼs changes outlook of multiple Hungarian banks to positive

Moodyʼs Investors Service has today affirmed the Baa3 long-term foreign currency deposit ratings of OTP Bank (OTP), Erste Bank Hungary...

Figures

Unemployment rate at 4.6% in June-August

In the period of June–August 2020, the average number of unemployed people was 214,000, while the unemployment rate stood at...

Figures

702 new coronavirus cases registered in Hungary

The number of active coronavirus cases in Hungary has increased to 18,815, with 702 new cases registered since yesterday, according...

EU

Share of students learning 2 or more foreign languages below EU avg.

In Hungary, 39% of the pupils in upper secondary education studied more than two languages in 2018, according to data...

Figures

937 new coronavirus cases registered in Hungary

The number of active coronavirus cases in Hungary has increased to 18,137, with 937 new cases registered since yesterday, according...

Figures

927 new COVID-19 cases registered in Hungary

The number of active coronavirus cases in Hungary has increased to 16,464, with 927 new cases registered since yesterday, according...

Figures

750 new coronavirus cases registered in Hungary

The number of active coronavirus cases in Hungary has increased to 15,673, with 750 new cases registered since yesterday, according...

Appointments

New office leasing director at Property Market

From October 19, 2020, Mariann Tóth will join the management team of Property Market as office leasing director, according to...

Appointments

Citi appoints new CEO for Hungary

Citibank Europe plc announced the appointment of Veronika Spanarova as Citi’s chief executive officer for Hungary, according to a press...

Transport

Wizz Air debuts Travel Planning Map

Discount airline Wizz Air has introduced a new Travel Planning Map tool on its website, informing passengers about coronavirus-related travel...

EU

Share of govʼt expenditure on sports highest in EU

In 2018, the share of government recreation and sports spending to total expenditure stood at 2.1% in Hungary, the highest...

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...