Bence Gaál

Initiatives

Hungarian firms join Cybersecurity Tech Accord

Hungarian cybersecurity companies Balasys and Cyber Services signed all the necessary documents to join the Cybersecurity Tech Accord on October...

Deals

Doherty Hungary appoints new general manager

British-owned Doherty Hungary Kft., a specialist electric motor shaft manufacturer, has announced the appointment of Erika Fodor Bagdiné as its...

Awards

Kaspersky Lab wins Péter Szőr Award

Kaspersky Labʼs Global Research and Analysis Team (GReAT) won this yearʼs Péter Szőr Award for Technical Security Research at this...

Conferences

Penny Market achieves sustainability certification

German-owned supermarket chain Penny Market Hungary has achieved the ISO 50001 certification as a recognition of its efforts in energy...

Int'l Relations

Orbán welcomes Erdoğan in Budapest

Hungarian Prime Minister Viktor Orbán met with Turkish President Recep Tayyip Erdoğan in Budapest Monday, discussing a variety of topics...

Office Market

Skanska delivers Mill Park office complex

Budapestʼs Mill Park office complex, Skanskaʼs eighth development in Hungary, has been officially opened, with lease agreements signed for 90%...

Conferences

Training new leaders the greatest challenge, says survey

Training decision-makers and talents of the future poses the greatest challenge for some 25,000 surveyed company heads participating in the...

Awards

CIB Bank appoints deputy CEO, head of large corporates

CIB Bank has announced the appointment of Balázs Szabó as its new deputy CEO and head of corporate, with Tamás...

EU

Govʼt contests amendment of EUʼs Posted Workers Directive

The Hungarian government is contesting amendment of the EUʼs Posted Workers Directive, promulgated on July 9, 2018, submitting its action...

Deals

Penny Market Hungary appoints new CEO

German-owned discount supermarket chain Penny Market Hungary has announced the appointment of Florian Jens Naegele as CEO, taking over from...

Office Market

Skanska leases 79% of Nordic Light Trio to healthcare company

Skanska has announced it has signed a deal to lease a total of 10,600 sqm of office space in the...

Initiatives

EIT marks 10 years of European innovation

The European Institute of Innovation and Technology (EIT) celebrated the 10th anniversary of its launch yesterday, also announcing the winners...

MNB

EIB VP hails commitments to Hungarian projects

The European Investment Bank (EIB) vice president Vázil Hudák signed four separate loan agreements for a total amount of EUR...

Conferences

Continental Opens 7th Plant in Hungary, Plans Innovations

German technology manufacturer Continental has laid the cornerstone of a EUR 100 million plant in Debrecen (231 km east of...

Awards

New partners at Taylor Wessing’s Budapest office

The Budapest office of international law firm Taylor Wessing, with 32 offices around the world, has announced the promotion of...

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...

Hungary Sets 2030 Euro Readiness Goal in Growth and Deficit Plan

Hungary aims to meet the conditions for euro adoption by 2030 while lifting growth above 3% and reducing budget deficit...