Bence Gaál

Hotels

The Ritz-Carlton, Budapest gets HolidayCheck recommendation

The Ritz-Carlton, Budapest has received a recommendation from HolidayCheck 2019, receiving a maximum six suns rating, according to a press...

Awards

Sükösd joins DLA Piper Hungary as head of competition law

Péter Sükösd, winner of Wolters Kluwer’s 2018 Compliance Lawyer of the Year Award, has joined the Hungarian team of DLA...

Sustainability

Cordia starts Spain pilot project, grows CEE presence

Property developer Cordia, the residential arm of Hungaryʼs Futureal Group, says it is increasing its capital exports and foreign investments,...

Deals

Stöllinger leaves helm of KPMG Hungary after 16 years

After 16 years at the helm, Robert Stöllinger, national senior partner at KPMG Hungary, is stepping down, effective September 30,...

Ecosystem

Corvinus University reopens American Corner

The American Spaces program in Budapest, initiated by the U. S. State Department in cooperation with Corvinus University of Budapest,...

Party Popularity

Polls shows Karácsony trailing Tarlós by 3% in mayoral race

According to the latest poll by opinion researcher Publicus, incumbent Mayor of Budapest István Tarlós is 3 percentage points ahead...

Construction

Construction output volume up 32.9% y-o-y in July

The volume of construction output, based on raw data, was 32.9% higher in July 2019 than a year earlier, according...

Deals

Fitch improves outlook for IIB long-term BBB+ rating to ‘positive’

Fitch Ratings has improved the outlook for International Investment Bankʼs long-term BBB+ rating from “stable” to “positive.” This is the...

Conferences

CEU opens 29th academic year

The Central European University formally began its new academic year today, welcoming students, faculty, staff and distinguished guests with an...

Analysis

DIGI slams media authority decision to exclude it from 5G auction

Telecommunications business group DIGI slammed the decision of the National Media and Infocommunications Authority (NMHH) to exclude DIGI from the...

Industrial

Real estate market closes weakest summer in 4 years

Real estate market turnover was significantly weaker than usual in August, as a result of which the market closed its...

Transport

LOT launches new marketing campaign in Hungary

LOT Polish Airlines says that it considers Hungary one of its key markets, hence it is launching an updated marketing...

Awards

European Business Awards names National Winners

European Business Awards has announced the seven national winners for Hungary, with the companies qualifying for the finals in Warsaw...

Analysis

Number of smartphone users in Hungary exceeds 5 mln

The number of smartphone users in Hungary totals 5.3 million, equaling 89% of all internet users in the country, with...

EU

Hungarians keen on buying EVs, reject diesel

Some 29% of Hungarians currently planning to buy a car would prefer an electric vehicle (EV), while only 13% would...

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...