Bence Gaál

Office Market

EPAM Systems becomes 1st tenant of Forest Offices, Debrecen

EPAM Systems, a global product development, digital platform engineering, and digital and product design agency signed a 2,100 sqm new...

Issues

Brexit to affect social insurance of UK citizens in Hungary

Brexit will affect the social insurance of British citizens working in Hungary, with the exact effects depending on whether the...

Food

11.1% of households unable to pay utility bills on time

Some 11.1% of households in Hungary were unable to pay their utility bills on time in 2018, well above the...

Office Market

Erste Real Estate Fund buys 2nd phase of Advance Tower

Property developer Futureal Group has reached an agreement with Erste Real Estate Fund regarding the sale of the second phase...

Awards

Kapolyi Law Firm names new head of competition practice

Kapolyi Law Firm announced the appointment of Katinka Tölgyes as head of its competition law practice, according to a press...

Deals

Brain business jobs in Hungary skyrocketing

Hungary has the second-highest rate of growth of knowledge-intensive occupations in all of Europe, with the number of people working...

Social

Aquathon, a new competition to solve water scarcity

The Blue Planet Climate Protection Foundation and Design Terminal announced the launch of a new international idea competition called "Aquathon:...

EU

Rate of prisoners in Hungary above EU average

The number of prisoners per 100,000 inhabitants stood at 177 in Hungary in 2017, well above the EU average, according...

Office Market

First building of Aréna Business Campus topped out

Atenor and its contractor team Péter Építő Kft. announced that the structural works for Aréna Business Campus Building "A" have...

Visits

Rift between Fidesz and EPP grows

Prime Minister Viktor Orbán said that Fidesz was "one centimeter away" from quitting the European Peopleʼs Party (EPP), after the...

EU

70% of Hungarian firms provide staff with mobile devices

Some 70% of companies with at least 10 employees in Hungary provided mobile devices with access to the internet to...

Retail

These were the online shopping habits in 2019

While Black Friday remained the most popular period for online shopping in Hungary in 2019, an increasing number of people...

Tourism

Number of tourism nights up 4.8% in November

In November 2019, the number of tourism nights spent at commercial accommodation establishments in Hungary grew 4.8% with total gross...

Awards

New president-CEO at Commerzbank Hungary

Andreas D. Schwung has been named the new president-CEO of the board of Commerzbank Zrt. in Budapest, replacing Klaus Windheuser...

Awards

Diageo appoints head of HR, Budapest

Multinational alcoholic beverages company Diageo has announced the appointment of Kristóf Zács as head of HR in Budapest, according 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...