Bence Gaál

Sights

Cordia building tallest residential project so far in Warsaw

Cordia, the Hungary-based Futureal Groupʼs residential development subsidiary, has started building its highest residential building project in Warsaw, named Horyzont...

Party Popularity

Tarlós, Karácsony to debate, as Budapest mayoral race heats up

Incumbent Budapest Mayor István Tarlós has agreed to debate his main opposition challenger Gergely Karácsony, as polls indicate a reasonably...

Tourism

Tourist guest nights fall in July

In July 2019, the number of guest nights spent by tourists in Hungary fell by 3.2% year-on-year to some 4.4...

Hotels

Budapest Marriott Hotel finishes event floor redesign

After two months of renovation work, the Budapest Marriott Hotel’s event floor has opened again, with Bauhaus and Cubism-inspired inner...

Sustainability

FLE purchases French Embassy building

Vienna-based FLE GmbH, a company of the French LFPI Group, has acquired its eighth property in Budapest, the building hosting...

Banking

Tax authority employing new control methods – Deloitte

Big Four professional services firm Deloitte says the National Tax and Customs Administration (NAV) has changed tack recently, mostly checking...

Ratings

Moodyʼs withdraws Takarék Mortgage Bankʼs ratings

Moodyʼs Investors Service has withdrawn the Ba3 local and foreign currency long-term deposit ratings and b1 Baseline Credit Assessment (BCA)...

In Hungary

Industrial output up 12% y-o-y in July

In July 2019, the volume of industrial output grew by 12% year-on-year, the highest rate in more than two years,...

EU

Hungary has some of the lowest alcohol prices in EU

In 2018, Hungary had some of the cheapest alcohol prices across the European Union (EU), with lower prices registered only...

Retail

AI could affect 900,000 jobs in Hungary

According to a study by PwC Hungary, the disruptive effects of Artificial Intelligence (AI) will be felt in Hungary starting...

Retail

Hot Ideas, Even Hotter Sauces

Chilion is a Hungarian brand manufacturing chili sauces, and is already earning accolades internationally. The Budapest Business Journal sat down...

Competition

Budapest only 81st best city for Generation Z

A study revealing the best cities around the world for Generation Z, comprising people born in the late 1990s and...

Sustainability

Metro Properties sells 11 CEE Cash & Carry properties

Metro Properties, the real estate arm of Metro AG, has sold the real estate of 11 Metro and Makro Cash...

Hotels

InterContinental Budapest names new general manager

After almost seven years, Claus Geisselmann has taken on the position of general manager of the Regent Berlin hotel, with...

Retail

Padthai Wokbar starts home delivery

The popular Padthai Wokbar chain, currently present in the capital with seven restaurants, has announced the start of home deliveries...

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...