Bence Gaál

Art

All crossings on Ukrainian-Hungarian border to open next week

Minister of Foreign Affairs and Trade Péter Szijjártó said that all border checkpoints between Hungary and Ukraine will be opened...

Awards

PwC Hungary appoints new assurance leader

PwC Hungary announced the appointment of László Radványi as the new leader of the companyʼs assurance service line, taking over...

Figures

Number of active coronavirus cases drops to 857

The number of active coronavirus cases in Hungary stands at 857, down from 878 yesterday, according to data by government...

Ecosystem

Corvinus becomes 1st AMBA accredited business school in Hungary

The Corvinus University of Budapest has received accreditation from the Association of MBAs (AMBA), one of the world’s leading authorities...

Figures

Number of active COVID-19 cases rises to 878

The number of active coronavirus cases in Hungary stands at 878, up from 875 yesterday, according to data by government...

City

Pier 1 at Budapest Airport completed in 339 days

Budapest Airport announced that the second phase of its pier 1 development, which replaces earlier basic boarding gates as part...

Telco

Avg gross earnings at HUF 400,200 in April

In April 2020, average gross earnings amounted to HUF 400,200, 7.8% higher than a year earlier, with the economic impacts...

EU

Industrial producer prices up 1.7% y.o.y. in May

Industrial producer prices as a whole were 1.7% higher in May 2020 than in the same period of the previous...

Awards

Vodafone Hungary to expand 5G network coverage

Vodafone Hungary announced the expansion of its 5G network in Hungary, adding new base stations around Lake Balaton and in...

Pharma

Sensirion announces new production site in Hungary

Swiss sensor technology company Sensirion will establish a new production site in Debrecen (about 194 km east of Budapest) to...

Office Market

Daikin opens showroom in Promenade Gardens

Daikin Hungary opened a new showroom on a 309 sqm ground floor retail area in Tower "B" of Promenade Gardens...

Tourism

Unemployment rate rises to 4.1% in March-May

In March-May 2020, the average number of unemployed people in Hungary was 190,000, with the unemployment rate rising to 4.1%,...

Figures

Number of active COVID-19 cases drops to 875

The number of active coronavirus cases in Hungary stands at 875, down from 876 yesterday, according to data by government...

Int'l Relations

Hungary supports extraordinary UN GA session on COVID-19

Minister of Foreign Affairs and Trade Péter Szijjártó said that Hungary supports the convening of an extraordinary session of the...

Drinks

Borsodi launches 2nd beer of new portfolio

Borsodi Brewery announced the launch of Borsodi IPA, the second new product of its 2020 portfolio, available commercially from the...

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...