Bence Gaál

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...

In Budapest

Sziget Festival Welcomes Its 11 Millionth Visitor Since Inception

The Sziget Festival marked a major milestone Monday afternoon when it welcomed its 11 millionth visitor since its inception, organizers...

Residential

Cordia Unveils New Development in Spain With More Than 500 Homes

Cordia has launched the first phase of "360° by Cordia", its next residential project in Costa del Sol, Spain. The...

Residential

Panel Flat Prices Continue to Climb in Budapest as Gap With Brick Homes Narrows

The price gap between panel flats and brick apartments in the capital has narrowed significantly, following a 36% increase in...

Energy

MOL Earnings Fall

Second-quarter net income of Hungarian oil and gas company MOL fell by approximately 77% year-on-year to USD 103 million as...

Figures

Hungary Consumer Prices Rise 4.3% Year-over-Year in July

Consumer prices in Hungary rose 4.3% in July compared with the same month a year earlier, according to the Central...

Museums

Hungary’s Museum of Ethnography Wins 3 Red Dot Awards

Hungary's Museum of Ethnography, which recently moved into a new home in the Liget Budapest Project, has won three Red...

HR

Hidden Crisis Driving Gen Z Out of the Workforce, Says WHC

The entry of Gen Z into the labor market is reshaping workplace expectations. For them, technological flexibility and freedom of...

Retail

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Residential

These Locations and Property Types Could Be the Winners of the Home Start Program

As the launch of Hungary’s subsidized Home Start home loan program approaches in September, interest is surging on the demand...

Green Energy

MET Group Commissions Its First Solar Park in Germany

Swiss-based integrated energy company MET Group is proud to announce the successful commissioning and start of commercial operations of its...

Automotive

Used Tesla Model 3 Tops EV Market as Prices Drop 17% in H1

Hungary's used electric vehicle market saw a sharp price decline in the first half of 2025, with Tesla leading the...

Transport

Waberer’s and Budapest Airport Partner to Boost Domestic Air Cargo Development

Waberer’s International Nyrt. and Budapest Airport Zrt. have signed a memorandum of understanding (MoU) aimed at driving dynamic growth in...

Manufacturing

Hungary’s Industrial Producer Prices Dip in June but Remain Above Year-Ago Levels

Industrial producer prices in Hungary fell slightly in June from the previous month but remained higher than a year earlier,...

Green Energy

MET Group Signs EUR 1.1 bln Borrowing Base Facility

Swiss-based energy company MET Group has signed the amendment and extension of its EUR 1.1 billion Borrowing Base Facility (BBF)...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

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...