Bence Gaál

Social

Budapest to host World Tourism Day 2018

Budapest will host World Tourism Day 2018 on September 27, with the focus of this yearʼs events on the importance...

Awards

GTC, advised by Dentons, acquires Váci Corridor property

Global Trade Centre S.A. (GTC), a CEE commercial real estate company based in Poland, has acquired 100% of a property...

Incubators

Six teams in Design Terminalʼs Mentoring Program

Six of 215 applying startups have been selected to participate in Design Terminalʼs Mentoring Program this fall, with the program...

Social

Ed Sheeran to headline Sziget 2019

The annual Sziget Festivalʼs organizers have announced that international pop star Ed Sheeran will be headlining next summerʼs event, according...

Deals

Taxify to extend service to Debrecen

Transportation network operator Taxify is set to launch the test phase of its ride-sharing service in Debrecen in a few...

Pharma

Richterʼs Romanian subsidiary re-obtains license to operate

Hungarian pharmaceutical company Gedeon Richter announced Wednesday that, with effect from September 18, the Romanian National Agency for Medicines and...

History

Experts discuss economy, business, marketing at Continentalʼs conference

Automotive parts maker Continental, best known for its tires, this week held its Fifth Professional Tire Conference in Budaörs, Pest...

Conferences

Marketing to China conference to be held in Prague

A regional "Marketing to China" conference will be held in Prague on January 29-30, 2019, with the conferenceʼs main goal...

Deals

Richter in deal to distribute fertility drug in EU-27

Hungarian pharmaceutical firm Gedeon Richter said Tuesday it has signed a license and distribution agreement with U.K.-based L.D. Collins to...

EU

Scope: Hungary’s economic strength offsets danger of EU isolation

Despite the growing risks of Hungaryʼs political isolation from European allies due to the politics of the present Orbán government,...

Drinks

Futureal inks EUR 150 mln loan agreement for Etele Plaza

A loan contract of EUR 150 million has been concluded between real estate developer and investor Futureal Group and a...

Recycling

Continental lays cornerstone of 7th plant in Hungary

German automotive manufacturer Continental laid the cornerstone of a EUR 100 million plant in Debrecen (Hungaryʼs second city, some 231...

Automotive

Maform signs major deal with Japanese auto producer Phiaro

Hungarian industrial design studio Maform Design, the company behind the redesign of the Samsung Galaxy Gear Edge smartwatch, as well...

Awards

PwC Hungary acquires data mining company

Professional services firm PwC Hungary has acquired Data Solutions Kft. after working together for years. The services of the latter...

Retail

Tech developments pose challenges for car dealers

Car dealerships will face significant challenges in the next decade, related to car sharing, alternative fuels, smart cars, and new...

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...