Bence Gaál

Museums

Movement restriction violations spike during Easter weekend

Police action was required 4,692 times due to violations of the restrictions on movement during the Easter long weekend, according...

Analysis

CPI Human Innovation Program still available despite COVID-19

CPI Hungary says that its Human Innovation Program (HIP) continues to work uninterruptedly despite the coronavirus pandemic, and that the...

Transport

Wizz Air fires 1,000 staff to mitigate COVID-19 financial impact

Discount airline Wizz Air announced a decision to fire 1,000 of its employees, a workforce reduction of 19%, and cut...

Office Market

Construction of Aréna Business Campus Building ʼAʼ complete

Belgian real estate developer Atenor has completed Building "A" of its Aréna Business Campus, meeting the deadline of the original...

EU

Share of value-added by foreign firms 2nd highest in EU

The share of value-added generated by foreign-controlled companies stood at 50% in Hungary in 2017, the second-highest rate in the...

In Budapest

Hungary confirmed coronavirus cases reach 1,512

Hungary now has some 1,512 confirmed cases of coronavirus (COVID-19), up 54 compared to yesterday, according to data by government...

In Budapest

Hungary coronavirus cases climb to 1,458

Hungary now has 1,458 confirmed coronavirus cases, 48 more than yesterday, according to data by government coronavirus information site koronavirus.gov.hu....

In Budapest

Number of confirmed COVID-19 cases reaches 1,410

The number of confirmed coronavirus cases in Hungary now stands at 1,410, up 100 compared to yesterday, according to data...

In Budapest

Number of confirmed coronavirus cases hits 1,310

The number of confirmed coronavirus cases in Hungary has increased to 1,310, up 120 compared to yesterday, according to data...

Government

‘Partly Free’ – Freedom House downgrades Hungary

According to “Freedom in the World 2019,” the latest annual survey issued by U.S.-based, government-funded watchdog Freedom House, Hungary is...

Museums

Hungary ʼstay at homeʼ restrictions prolonged indefinitely

The Hungarian government has decided to extend the curfew restrictions currently in place indefinitely, according to an announcement posted on...

In Budapest

Hungary confirmed COVID-19 cases reach 1,190

The number of confirmed COVID-19 cases in Hungary has increased to 1,190, up 210 compared to yesterday, according to data...

Museums

Hungary succeeds in flattening curve, official says

Hungary has succeeded in flattening the curve of the spread of coronavirus thanks to a disciplined containment efforts, Government Communication...

Office Market

Budapest office vacancy rate reaches 6.2% in Q1, BRF reports

Budapestʼs total modern office stock added up to 3,740,990 sqm in Q1 2020, with the office vacancy rate reaching 6.2%...

MNB

Trade surplus at EUR 1.1 bln in February

In EUR terms, the value of exports increased by 3.9% and that of imports by 0.1% in February 2020 compared...

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...