Bence Gaál

Food

Hungarian vegan food producer to enter U.S. market

Hungarian business Plantcraft Innovációs Kft. is set to enter the U.S. market with its vegan food products, after receiving a...

Figures

Industrial producer prices up 1.5%

Industrial producer prices as a whole in Hungary were 1.5% higher in October 2019 than in the same period of...

Deals

Severe weather warning in effect as winter arrives

The Hungarian Meteorological Service (OMSZ) released orange (grade two) severe weather warnings for several counties due to the possibility of...

Telco

Gross earnings up 11.8% year-on-year

In September 2019, average gross earnings in Hungary amounted to HUF 360,700, 11.8% higher than a year earlier, according to...

Sights

Pro-Hong Kong demo took place at PRC embassy

Despite the poor weather, a minor demonstration against Chinaʼs treatment of Hong Kong went ahead yesterday, with some 50-100 protesters...

Incubators

IT Startup Aims for top With Customized Services

Tappointment has evolved from offering a smartphone-based appointment reservation system to delivering customized, creative IT services to clients, and is...

EU

Food, alcohol spending well above EU average

Research by Eurostat on household expenditures across the European Union in 2018 reveals that Hungarians spend a larger than average...

Conferences

Investments up 15% in Q3 2019

The volume of investments grew sharply in Q3 2019, exceeding the volume registered in Q3 2018 by some 15%, according...

Office Market

Millennium Gardens construction reaches ground floor level

The construction of Millennium Gardens, TriGranit’s newest office development in Budapest, has reached the ground floor level, the developer tells...

Initiatives

Visa launches premium program in Hungary

Credit card company Visa announced the launch of its premium program in Hungary, offering a range of benefits for Visa...

Tourism

Unemployment rate at 3.5%

In the period of August–October 2019, the average number of unemployed people was 164,000, and the unemployment rate was 3.5%,...

Awards

Szecskay wins highest award of Hungarian Bar Association

András Szecskay, managing partner of Szecskay Attorneys at Law has been recognized with the highest legal award by the Hungarian...

Retail

EMAG sells more than 250,000 products on Black Friday

Online retail company eMAG.hu says that it has sold more than 250,000 products together with its 1,400 marketplace partners during...

Retail

E-Digital holds 2nd Black Friday event in 2019

Sales were dominated by kitchen appliances during retail company Extreme Digitalʼs second Black Friday promotion this year, held last weekend,...

Office Market

Intrum to move HQ to Váci Gardens

Credit management company Intrum Justitia signed a leasing deal for a 5,200 sqm office space in Building "F" of the...

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...