Bence Gaál

HR

Reskilling gaining importance on Hungarian job market

Reskilling and upskilling are becoming increasingly important on the Hungarian job market due to reasons such as labor shortage and...

Green Energy

Photon Energy commissions 8 PV power plants in Hungary

Photon Energy Solutions HU Kft., a subsidiary of Photon Energy N.V., announced completing and grid-connecting eight photovoltaic power plants with...

History

State media staff need permission to report on Thunberg, EU politics

Hungarian state media bosses banned coverage of leading human rights organizations and told staff they need special permission to report...

Sustainability

Home sales slightly down y.o.y. in February

Approximately 13,117 homes were sold in February 2020, about 3% fewer than in the same period of 2019, according to...

Deals

Wyser enters Hungarian market

Wyser, an international company within Gi Group, specializing in recruiting and selecting specialized middle and senior management, announced its entry...

Awards

Kapitány named president of the Hungarian Association of Executives

István Kapitány, global executive vice president for Shell’s retail business was elected the new president of the Hungarian Association of...

Tourism

Korean Air Launches Cargo Flights Between Budapest, Seoul

Budapest Airport has celebrated the launch of a direct connection between Budapest and the Korean capital of Seoul, with the...

EU

Environmental protection expenditure below EU average

The ratio of government environmental protection expenditure to GDP stood at 0.4% in Hungary in 2018, well below the EU...

Tourism

Unemployment rate at 3.4% in Nov-Jan

The unemployment rate stood at 3.4% in the period between November 2019-January 2020, with the average number of unemployed people...

EU

Hungarian enterprises lagging behind in social media use

While an increasing number of businesses in the European Union are using social media, only 38% of enterprises in Hungary...

Telco

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Tourism

Sziget announces day ticket deal, performance schedule

Organizers of Sziget Festival say that a limited number of day tickets, cheaper than last year, for the event will...

Incubators

X-Europe brings together key tech players to drive deeptech growth

The X-Europe project, an initiative born out of the European Commissionʼs Horizon 2020 program, brings together F6S, TNW, Design Terminal,...

EU

Hungarian annual inflation highest in EU

The annual inflation rate in Hungary was 4.7% in January 2020, which is the highest among European Union member states,...

Office Market

OTP acquires 2nd phase of Corvin Technology Park

OTP Prime Real Estate Investment Fund has fully acquired the Corvin Technology Park office building, with the current acquisition of...

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...