Bence Gaál

EU

Hungaryʼs consumption per capita 3rd lowest in EU

Hungary had the third-lowest Actual Individual Consumption (AIC) per capita in the European Union in 2019, according to a preliminary...

Issues

CJEU strikes down Hungaryʼs ʼLex NGOʼ

The Court of Justice of the EU (CJEU) declared that Hungary’s "Lex NGO" legislation, introduced in 2017, is in breach...

Transport

Wizz Air to open new base in St. Petersburg

Discount carrier Wizz Air announced that it will open its first base in Russia at Pulkovo Airport in Saint Petersburg...

Figures

Number of active coronavirus cases declines to 947

The number of active coronavirus cases in Hungary stands at 947, down from 964 yesterday, according to data by government...

Social

UEFA Super Cup match to be held in Budapest

The 2020 UEFA Super Cup, originally due to be hosted by Porto, Portugal, will now be played at the Puskás...

Conferences

Hungary maintains position in IMD intʼl competitiveness rankings

Hungary has maintained its position (47th) in the IMD international competitiveness rankings, despite the effects of the coronavirus pandemic, according...

Pharma

GalCap acquires Rumbach Center for German pension fund

GalCap Europe, a real estate asset and investment manager specializing in Austria and Central Europe, has acquired Rumbach Center in...

Figures

Number of active COVID-19 cases decreases to 964

The number of active coronavirus cases in Hungary stands at 964, down from 996 yesterday, according to data by government...

EU

Share of govʼt spending on cultural services 2nd highest in EU

In 2018, 2.7% of the government expenditure in Hungary was allocated to cultural services, the second-highest rate in the entire...

Museums

Atenor announces launch of BakerStreet office project

Last July, real estate developer Atenor acquired a 5,711 sqm plot located at Hengermalom út 18 in Budapestʼs District XI,...

Figures

Number of active COVID-19 cases drops below 1,000

The number of active coronavirus cases in Hungary stands at 996, with recoveries outpacing new infections, according to data by...

Drinks

Coca-Cola to offer more than 100,000 bottles of free Coke

Coca-Cola announced a national initiative aiming to support the reopening of Hungarian restaurants, bars, and cafés by offering more than...

Tourism

BKK lifts ban on front door boarding

Passengers are once again allowed to use the front door when boarding buses and trolleybuses in Budapest, according to a...

Art

Number of confirmed coronavirus cases hits 4,076

The number of confirmed coronavirus (COVID-19) cases in Hungary has increased to 4,076, up seven compared to yesterday, according to...

In Hungary

HUF 1 mln raised on Tokeportal.hu to support disadvantaged pupils

The international Rotary Club Budapest-Center has successfully completed its campaign on Tokeportal.hu and raised more than HUF 1 million to...

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...