Bence Gaál

Awards

Winners of EIT Awards announced

The European Institute of Innovation and Technology (EIT), an independent EU body boosting innovation in Europe, has announced the winners...

Awards

Baker McKenzie adds Kovács as energy consultant

Baker McKenzieʼs Budapest office is bringing on board Kristóf Kovács as an energy market advisor, strengthening its offering via his...

Elections

Disgraced Borkai quits Fidesz, stays on as Győr mayor

Freshly reelected Győr Mayor Zsolt Borkai, who attracted international attention with his involvement in a sex and corruption scandal, has...

Ecosystem

Applications open for OTP Startup Partner Program

OTP Bank has opened applications for next springʼs OTP Startup Partner Program, whereby selected startups have the opportunity to develop...

Deals

Kiss takes control of all E.ON business in Hungary

Attila Kiss, the CEO of German energy giant E.ONʼs Hungarian unit, has assumed responsibility for all businesses and activities of...

Party Popularity

Close finish expected in race for Budapest mayor

Municipal elections will be held this Sunday in Hungary, with the race for Mayor of Budapest intensifying as polls show...

Competition

Andy Vajnaʼs will disappears, widow inherits USD 123 mln firm

The will of the late Hollywood producer Andy Vajna has disappeared, meaning that his widow Tímea Vajna has inherited the...

Recycling

Vanessa Research buys Hungaro-Gal

U.S. biomedical company Vanessa Research Inc. (VRI) has announced the acquisition of Hungaro-Gal, a Hungarian pharmaceutical contract manufacturing firm, for...

Office Market

Futureal starts last office project on Corvin Promenade

Hungary-based property developer the Futureal Group has commenced development of the final office complex, Corvin7, on the Corvin Promenade development...

Deals

Taylor Wessing names CEE co-head of life sciences

Barbora Dubanská has been appointed the new CEE co-head of the life sciences team of international law firm Taylor Wessing...

Sights

CNN names Hortobágy among top 20 beautiful places in Europe

Global news network CNN has published a list of the 20 most beautiful places in Europe, which includes Hortobágy National...

Sustainability

CEE real estate market bolstered by overseas capital

The CEE real estate market is enjoying an unprecedented inflow of overseas capital ranging from South Africa to Asia, according...

Awards

Hungarian McDonaldʼs partner appoints CFO

Progress Étteremhálózat Kft., the developmental licensee partner of fast food chain McDonaldʼs, has appointed Tamás Glattfelder as its new CFO,...

Tourism

CPI Hungary receives Access4You certification

CPI Hungary has become the first company in the Hungarian real estate market to receive the Access4You certification for disabled...

Government

Győr Mayor Implicated in Sex and Corruption Scandal

Mayor of Győr Zsolt Borkai, who is running for reelection this month with the support of the governing Fidesz, has...

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...