Bence Gaál

Office Market

KNP LAW Nagy Koppány Lencs & Partners moves to Palazzo Hunyadi

Law firm KNP LAW Nagy Koppány Lencs & Partners have moved into their new headquarters in Palazzo Hunyadi earlier this...

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Tourism

BUD Cargo City opens

BUD Cargo City, Budapest Airportʼs EUR 50 million dedicated air freight facility is now open, elevating the airport onto the...

EU

Expected duration of working life below EU avg

The expected duration of working life of people in Hungary stood at 34.1 years, well below the EU average of...

Drinks

New winter menu at Hilton Garden Innʼs restaurant

The recently opened Hilton Garden Inn Budapest City Center’s Garden 79 Restaurant & Bar introduced its new menu for the...

Analysis

Revolut celebrates 250,000 users in Hungary

London-based fintech company Revolut announced reaching 250,000 users in Hungary, registering an eightfold increase in monthly transaction value since the...

Food

Food trucks sell record amount of street food in 2019

Food Truck Show Hungary Kft., a street food company that incorporates food trucks in Hungary, had a record year in...

Int'l Relations

Hungary opens permanent consulate in Malta

Hungary opened a permanent consulate in Valetta, Malta today, within the framework of a ceremony attended by Hungarian Minister of...

Awards

Motivive wins special award at NATO Innovation Challenge

Hungarian startup Motivive won a special award at the NATO Innovation Challenge with its software solution that helps soldiers develop...

HR

Share of temps half of EU average

The share of employees aged 15-64 with a temporary employment contract stood at 6.6% in Hungary in Q2 2019, just...

Tourism

Budapest 2nd most trending Christmas destination

Budapest registered the second-highest growth among EU member states for flight bookings by long-haul travelers for the winter holiday season,...

Social

8th Budapest Jewish and Israeli Film Festival next week

The eighth edition of the Budapest Jewish and Israeli Film Festival is set to present a selection of pictures from...

Awards

Schoenherr names head of real estate practice

László Krüpl, senior attorney-at-law, has been appointed as the new head of real estate practice in Schoenherrʼs Budapest office, according...

Conferences

Empty positions taking months to fill

Employers may need months to fill an empty position at their company, with most companies expecting the situation to become...

Retail

Extreme Digital trumps last yearʼs Black Friday sales

Black Friday ended at midnight November 15 at retail company Extreme Digital, with the record purchase coming from a man...

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...