Bence Gaál

Figures

Hungary’s Employment Holds Steady in July, Unemployment Rate at 4.3%

Hungary’s labor market showed little change in July 2025, with the average number of employed persons aged 15–74 reaching 4.71...

Trade

Hungary’s July Trade Surplus Reaches EUR 578 mln as Exports Outpace Imports

Hungary posted a trade surplus of approximately EUR 578 million in July, as exports rose faster than imports, the Central...

Power

E.ON Unveils New Battery Storage Facility in Soroksár to Support Grid Stability

E.ON has installed a new battery energy storage system in Soroksár to help stabilize Hungary’s power grid and enable more...

Retail

JYSK Opens 101st Hungarian Store in Körmend, Marks 20 Years in the Country

Danish retail chain JYSK has opened its 101st store in Hungary, continuing its expansion strategy with a new 1,000 sqm...

Drinks

Hungary’s Sauska 48 Named Among World’s Top Winery Restaurants by Michelin Guide

Villány’s Sauska 48 has been named to the Michelin Guide’s list of the world’s 18 best winery restaurants, the only...

Food

Time Out Market Budapest to Open September 20 With 11 Culinary Concepts and 3 Bars

Time Out Market Budapest will officially open its doors Sept. 20 in the historic Corvin Palace, bringing together 11 culinary...

Deals

Wizz Air Becomes Main Sponsor of Hungarian National Soccer Team

Wizz Air, Hungary’s de facto national airline, has signed on as the main sponsor of the Hungarian men’s national soccer...

Economy

Hungarian Chamber Proposes Further Tax Cuts for SMEs

The Hungarian Chamber of Commerce and Industry (MKIK) has proposed a new package of tax reductions aimed at easing the...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Residential

Hungary’s Housing Market Sees Sluggish Start After Record Year

Hungary's housing market, which posted one of Europe's strongest rebounds in 2024, saw only marginal growth in the first quarter...

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...