Bence Gaál

Figures

Majority of Hungarian SMEs Plan pay Raises in Next 12 Months

Nearly two-thirds of Hungarian small and medium-sized enterprises intend to raise wages in the coming year, according to K&H's latest...

Int'l Relations

Donald Trump ‘Very Angry’ About Attack Against Druzhba Oil Pipeline

PM Viktor Orbán had contacted Donald Trump because "Ukrainians regularly blow up the Druzhba pipeline", and in response, Trump said...

Deals

Waberer’s and MVM Sign 3-Year Strategic Partnership

Waberer’s Logistics Division and MVM Group have signed a three-year strategic partnership to develop a unified, efficient and high-quality logistics...

Banking

Household Lending Rises as Gránit Bank Drives Digital, Green Push

Hungarian banks have ample lending capacity, but demand is split: household borrowing is growing while corporate credit lags, says Gránit...

Deals

MET Group Enters Belgian, Dutch Markets, Acquires Majority Stake in Energy Retailer Mega

MET Group has received all required approvals from the relevant authorities and has now completed the acquisition of a 68.5%...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Automotive

Chinese Brands Gain Ground in Hungary’s Used Car Market

Chinese automakers are continuing to carve out a larger share of Hungary’s used car market, according to the latest data...

Analysis

Hungarians Gear Up for Grilling and Gardening Ahead of Aug. 20 Holiday

As Hungary prepares to celebrate its Aug. 20 state founding holiday this Wednesday, many are planning more than fireworks and...

Analysis

Wizz Air Study Sheds Light on Why Passengers Clap After Landing

A new Wizz Air survey of 4,500 passengers and 150 flight attendants across its network has revealed striking cultural differences...

Automotive

AutoWallis to Open New BYD Dealership in Debrecen

AutoWallis Nyrt. said it will expand its partnership with BYD, the world’s largest manufacturer of new energy vehicles, by opening...

Fintech

MotoGP: Hungarian Grand Prix Goes Cashless

MotoGP is returning to Hungary with a fully cashless system. The Hungarian round of the motorcycle world championship will be...

Construction

Hungary’s Construction Output Rises 2.6% in June, Falls Sharply From May

Hungary’s construction sector saw moderate year-over-year growth in June but a steep drop from the previous month, according to data...

Retail

Westend Launches First Hackathon to Redefine Visitor Experience

The Westend shopping center in Budapest, part of the Gránit Pólus Group, has launched its first-ever competition aimed at elevating...

Energy

E.ON Introduces Smart Device to Tackle Voltage Issues in Hungary

In a first for Hungary, E.ON has deployed an innovative smart device to address voltage fluctuations in the power grid,...

Figures

Survey: Back-to-School Costs Average HUF 50,000–75,000 in Hungary

Hungarian families can expect to spend between HUF 50,000-75,000 on average for back-to-school expenses this year, but the costs for...

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...