Bence Gaál

Competition

Customer complaints registers may need change due to GDPR

According to new GDPR-related legislation approved by the Hungarian parliament on April 1, businesses may have to tear out parts...

Sustainability

Raiffeisen Closes Solid Year, Predicts Stable GDP Growth

Raiffeisen Hungary’s analysts predict stable growth for the Hungarian economy, after the bank closed a strong year with a profit...

Hotels

Mellow Mood starts new hotel as Párisi Udvar nears launch

With development of the Párisi Udvar Hotel Budapest is in its last phase, Mellow Mood Hotels has announced the start...

Deals

Budapest edition of Monopoly to be launched

A special Budapest edition of the famous real estate board game Monopoly is coming to stores this year, featuring a...

Deals

Hoós to head EY Hungaryʼs financial services risk management

Big Four professional services firm EY has announced the appointment of János Hoós as associate partner, leading EY Hungaryʼs financial...

Incubators

Design Terminal spring mentoring begins with 10 startups

Incubation agency Design Terminal has announced the teams taking part in its spring mentoring, with seven local and three Nordic...

EU

Foreign-owned firms create more than 50% of value added

In 2016, foreign-controlled companies accounted for 51.4% of value added in the non-financial business economy in Hungary, the highest value...

Retail

Pinball Museum marks 5th anniversary with charity donations

The Budapest Pinball Museum, one of the most popular museums in the capital according to Tripadvisor, has announced the celebration...

Ratings

Moody’s notes Budapest’s ’sound operating performance’

Moodyʼs Investors Service has completed a periodic review of its rating of the city of Budapest, lauding the Hungarian capitalʼs...

Social

’Most Budapest’ theater performance in English

"Most Budapest," a comedy in English about expat life in the Hungarian capital, is set to première on April 27...

Retail

Sopron Plaza renovation enters next phase

The renovation of the Sopron Plaza shopping mall, in the northwest Hungarian city of Sopron, is set to enter a...

Tourism

Buda Castle Funicular out of service

The Buda Castle Funicular railway was taken out of operation on Monday for regular maintenance, and will remain out of...

Incubators

AerinX named among top 10 aircraft maintenance innovators

Organizers of one of the worldʼs leading events for the aircraft maintenance industry, MRO Americas in Atlanta, U.S., have chosen...

Awards

CIB appoints head of SME division

CIB Bank has announced the appointment of Tamás Győr as the head of its SME division, returning to the company...

Deals

Terrán wins MagyarBrands award for 5th time

Fully Hungarian-owned roof tile maker Terrán has managed to win a MagyarBrands award for the fifth consecutive time in the...

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...