Bence Gaál

Incubators

StartersHub announces CEE startup investment program

StartersHub, an early-stage tech investment fund, headquartered in Istanbul and San Francisco, has announced plans to back 60 promising Eastern...

Issues

Time to prepare for DAC6, Deloitte says

Businesses have only a bit more than half-a-year left to identify cross-border transactions and constructions that fall under EUʼs DAC6...

Int'l Relations

Orbán congratulates Johnson on election win

Hungarian Prime Minister Viktor Orbán has sent U.K. PM Boris Johnson a congratulatory letter on winning yesterdayʼs general election in...

Sustainability

Wing becomes majority owner of Echo Investment

Hungarian property company Wing is now the majority owner of Polish real estate developer Echo Investment, a company traded on...

Deals

AutoWallis signs coop deal with Iniciál Group

Listed auto trader AutoWallis has concluded a cooperation agreement with the founder of Western Hungary’s automotive retailer, the Iniciál Group,...

Deals

Köki shopping mall to undergo renovation

The buyer of Köki Terminal shopping mall, Adventum International announced large-scale renovations for the South Pest shopping center. Real estate...

Tourism

Number of tourism nights up 4.9%

In October 2019, the amount of tourism nights spent in Hungary was 4.9% higher compared to the same month of...

Deals

PRoPART Projectʼs automotive RTK solution demo successful

After 24 months of work, H2020 project "PRoPART", funded by the European Global Navigation Satellite System Agency (GSA), was successfully...

Int'l Relations

Giuliani visits Budapest, seeking to discredit impeachment

Rudy Giuliani, U.S. President Donald Trumpʼs personal lawyer, visited Budapest to meet with former Ukrainian Prosecutor General Yuriy Lutsenko and...

Incubators

Design Terminal launches X-Europe program

With world-renowned Dutch The Next Web and with three other leading organizations of the European startup life, Design Terminal is...

Sights

Budapest wins Best Christmas Market 2020

One of the largest Christmas markets in Budapest, called Advent Feast at the Basilica has been voted the Best Christmas...

Food

More than 3 mln Hungarians to travel home for Christmas

More than three million Hungarians are planning to travel home to see their families during Christmas, according to research commissioned...

Sights

Thousands protest proposed culture law

Thousands of people protested the governmentʼs proposed culture law, which would increase the governmentʼs control regarding the appointment of theater...

Food

CPI up 3.4% y.o.y. in November

Consumer prices were 3.4% higher on average in November 2019 than a year earlier, with significant price rises measured for...

Deals

Budapest Becoming a top Spot for Winter Travel

Budapest can look forward to a strong Christmas and winter tourist season, with flight bookings to the Hungarian capital from...

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...