Bence Gaál

Business

E.ON’s New Kaposfüred Substation Strengthens Grid Reliability

E.ON Hungária Group has completed a new high-capacity electrical substation in Kaposfüred, designed to significantly improve power supply stability for...

Business

Digital Payment Index Continues to Rise, Future Depends on Coordinated Education

Mastercard’s Digital Payment Index continued its upward trajectory in 2024, reaching 63 points out of 100, a one-point increase from...

Ratings

Fitch Ratings Affirms Hungary’s Investment-grade Rating, Albeit With Negative Outlook

Fitch Ratings has affirmed Hungary's investment-grade sovereign rating, albeit with a negative outlook, the National Economy Ministry said late Friday,...

Deals

University of Szeged, BYD Sign Cooperation Agreement

The University of Szeged signed a cooperation agreement with BYD Auto Hungary on Wednesday, news wire MTI reports. The agreement...

Hotels

Tribe Budapest Airport Hotel Achieves Multiple Wins at Klasszis TopDesign Awards

The Tribe Budapest Airport Hotel has achieved outstanding professional recognition: the four-star property, developed by Wing, took home two awards...

MNB

Varga Urges Banks to Boost Business Lending

Hungarian banks, backed by strong capital adequacy and liquidity, are well positioned to increase lending to local businesses, National Bank...

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...