Bence Gaál

Awards

Vodafone welcomes regulatory clearance of UPC acquisition

Today the European Commission (EC) cleared Vodafoneʼs acquisition of Liberty Global’s cable businesses in Germany, the Czech Republic, Hungary and...

City

Telenor offers extended 4G+ coverage around Lake Balaton

The Budapest Business Journal asked Telenor Hungary chief network strategist Tamás Csaba about the company’s plans for tackling summer peak...

Drinks

Hungarians drink annual 50 mln liters of energy drinks

Hungarians drank some 50 million liters of energy drinks between June 2018 and May 2019, to the value of HUF...

Awards

Drukka Digitals wins international healthcare award

Hungarian startup Drukka Digitals has received the best prototype award at the Digital Health Challenge in Germany with a smart...

Hotels

Barceló Group opens Budapest hotel

Spainʼs Barceló Group has opened the 179-room, four-star Barceló Budapest on Király utca after two years of development, according to...

In Hungary

Hungarian payment deadlines among strictest in EU

Hungarian firms tend to determine increasingly strict deadlines, leading to many clients asking for delays, which may become a challenge...

Ecosystem

State grants to R&D projects to boost competitiveness

Hungarian SMEs and large enterprises may both apply for state research and development grants, with support of HUF 500 million...

Incubators

GENISAMA products for APFGP tech to debut in Budapest

American startup GENISAMA LLC will hold an exhibition and sale of its first products for new Autonomous Programming for General...

Deals

New CEO takes helm at Mercedes-Benz Hungária

Mercedes-Benz Hungária announced today that Reinhard Münster has been appointed as new CEO effective July 15, 2019, replacing Jörg Schmidt,...

Weather

Crop quality deemed average in 2019

The barley and rape crops are of lower quality than last year, and while wheat quality is adequate, the toxin...

Retail

Apple co-founder coming to Budapest in October

At the invitation of CIB Bank and its parent company Intesa Sanpaolo, Apple co-founder Steve Wozniak will come to Budapest...

Ratings

Moodyʼs assigns first-time ratings to Raiffeisen Hungary

Moodyʼs Investors Service has today assigned first-time long-term Baa2 and short-term Prime-2 local currency, and long-term Baa3 and short-term Prime-3...

Retail

Árkád Budapest Food Loft project enters next phase

Budapest shopping mall Árkádʼs EUR 5.8 million Food Loft project has entered a new phase, with the development area being...

Social

Virgin Pulse Global Challenge promotes healthier lifestyles

More than 220,000 employees from 185 countries around the world started their journey towards a healthier lifestyle this July, as...

Awards

New general manager at Otokoc Hungary

Otokoc Otomotiv, the owner of the Budget and Budget Fleet Solutions licences in Hungary, has announced Türker Gürtekin has been...

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...