Bence Gaál

Automotive

AutoWallis registers strong Q1-Q3 sales results

In the first nine months of 2019, AutoWallis managed to increase its new vehicle sales by one-fifth, while its used...

EU

GKI predicts markedly slower GDP growth in 2020

Economic research institute GKI says that while the Hungarian economy has performed outstandingly well in the first half of 2019,...

Competition

IoT, 5G, AI to Change Telco Market in Coming Years

The Budapest Business Journal asks Chief Commercial Officer at Telenor Hungary, Mohamed ElSayad about the situation of the telco market,...

Awards

Booking Artists Online, Without the Administrative Burden

The Budapest Business Journal talks with Koncertbooking.com CEO Zoltán Tabár about the concept behind his project, launched in October, which...

Social

European Transformation conference runs November 7-10

The Institute of Advanced Studies Kőszeg (iASK), in cooperation with the Hungarian Academy of Sciences (MTA) and UNESCO, is organizing...

Logistics

Prologis builds BIM-designed facility

Logistics real estate firm Prologis has begun construction of a new 14,000 square-meter speculative facility at Prologis Park Budapest-Harbor, the...

HR

Companies plan to pay more year-end benefits

While most businesses granted lower salary raises this year than planned, they are generally calculating with significantly higher end-of-year bonuses...

Initiatives

AutoWallis owner supports ESOP program with shares

Wallis Asset Management (WAM), the main owner of listed auto trader AutoWallis, announced that it will support the business via...

Conferences

Scitec names marketing director

Sports nutrition supplement maker Scitec has announced the appointment of Ádám Solymos as its new marketing director, according to a...

EU

52% of disabled in Hungary face financial difficulties

Some 52% of people living with disabilities in Hungary lived in households that faced financial difficulties in 2017, according to...

Awards

EY appoints new tech consulting associate partner

Big Four advisory firm EY has announced the appointment of Viktor Ormosi as associate partner for technology consulting and risk...

Deals

Zentiva acquires CEE pharma business of Alvogen

Pharmaceutical company Zentiva has announced the signing of an agreement to acquire the CEE business of peer Alvogen, for an...

Innovation

Tungsram, iLex launch SME assistance platform

Hungarian legal IT startup iLex and lighting company Tungsram have announced the launch of an online platform aimed at helping...

Office Market

ExxonMobil to move into GTC Pillar office building

The ExxonMobil Global Business Center has signed a lease agreement, involving the entirety of the GTC Pillar office building, currently...

EU

Petrol-driven cars dominate Hungaryʼs roads

In 2017, in 13 of 24 EU member states for which data are available, more than half the cars ran...

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...