Bence Gaál

Analysis

EY Survey: Hungarian Companies Focus on Stability but Prepare for Growth

Hungarian companies are currently concentrating on operational stability, while also planning investments and workforce expansion, according to EY’s latest survey....

Transport

Travel Time Between Budapest and Ferenc Liszt Int’l to Increase Due to M4 Renovation

Between July 7-24, Hungarian Concession Infrastructure Development Zrt. will carry out scheduled refurbishment works on the Vecsés junction section of...

Manufacturing

Hungary’s Industrial Production Falls 2.6% Year-on-Year in May

Hungary’s industrial production fell 2.6% in May compared with the same month a year earlier, according to preliminary data released...

Government

Gov’t Adds New Element to Hungarian Villages Program

As part of the Hungarian Villages Program, Hungary’s government is providing special support to settlements with a population of 5,000...

Hotels

CPI Hotels Opens New Mamaison Hotel in Downtown Budapest

CPI Hotels, one of the leading hotel groups in Central Europe, is strengthening its position in the Hungarian market by...

Appointments

PwC Hungary Appoints New Partners to Strengthen 3 Business Lines

PwC Hungary is strengthening three of its business lines with the appointment of three digitalization experts, effective July 1, the...

Ratings

Scope Ratings Affirms AutoWallis Credit Rating, Stable Outlook

Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating, leading the independent institute to affirm the stable...

Logistics

LogiCube Park Reaches New Milestone: 2nd Phase of Industrial Park Handed Over

LogiCube Park has completed the second 3,800 sqm facility of its logistics complex, with the first tenant already on site....

Sustainability

Apollo Tyres Achieves ISCC+ Certification for Hungary Facility,

Apollo Tyres' facility in Hungary has been awarded the International Sustainability and Carbon Certification Plus (ISCC+) certification, the company tells...

Logistics

HGL Triples Leased Area in HelloParks Maglód Megapark

HGL signed a lease agreement for another 10,000 sqm in the HelloParks industrial real estate developer’s Maglód megapark, the developer...

Drinks

Zwack Unicum Reports Modest Growth Amid Market Challenges at Annual General Meeting

Hungarian spirits producer Zwack Unicum Plc. reported a 2.9% year-on-year increase in after-tax profit for its 2024–2025 business year, despite...

Environment

The Top Factor in Green Corporate Decisions is Not Market-Based in Hungary

The sustainability strategies and investments of domestic companies are most influenced not by market factors, but by regulatory requirements and...

Appointments

New International Partner Appointed at Baker McKenzie

As of July 1, 2025, Baker McKenzie has appointed Benedek Kovács, head of the Real Estate and Investment Projects practice...

Transport

Lightning Hits Wizz Air Flight, Forces Emergency Landing in Warsaw

A Wizz Air flight from Budapest to Stockholm was forced to make an unscheduled landing in Warsaw early Friday morning...

Automotive

AutoWallis and Partner to Become Joint Nissan Importers in Moldova as well as Romania

In addition to Romania, AutoWallis has now also obtained distribution rights for Nissan in Moldova together with its Portuguese partner,...

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...