Bence Gaál

Manufacturing

Hungary’s Industrial Production Stagnates in March

Industrial production in Hungary stagnated in March compared to the same month of the previous year, according to the latest...

Appointments

Zoltán Gazsi Departs Eisberg After Nearly Two Decades

Zoltán Gazsi is stepping down from his role at Eisberg after nearly two decades. Gyula Pál, who has also been...

Figures

Hungary’s Inflation Eases to 4.2% in April, Monthly Growth Slows

Hungary’s annual inflation rate stood at 4.2% in April, the Central Statistical Office (KSH) reported Friday, a moderate pace compared...

Drinks

New Season Begins at White Raven Skybar With Refreshed Offering

Following a winter hiatus, White Raven Skybar, located atop the Hilton Budapest, has reopened with a refreshed offering for the...

Politics

Ex-PM Gyurcsány Steps Down from Politics, Leaves Democratic Coalition Leadership

Ferenc Gyurcsány, former prime minister of Hungary and longtime leader of the Democratic Coalition (DK), is resigning from all political...

Transport

Uber Green and Uber Comfort Services Launched in Budapest

Uber is expanding its range of services in Budapest with the launch of two new ride categories: Uber Green and...

Construction

Budapest Fuels Surge in Housing Permits Despite Nationwide Dip in New Construction

New housing construction in Hungary dipped slightly in the first quarter of 2025, but an uptick in building permits—driven primarily...

Analysis

Businesses Adapt to Uncertain Environment – DUIHK Survey

Businesses in Hungary are adapting to an uncertain environment, a recently published survey by the German-Hungarian Chamber of Industry and...

Residential

5th Phase of Noise Protection Program Supported by Budapest Airport Commences

The largest noise protection program, launched by the For the Neighbors of Budapest Airport Foundation is continuing with the inclusion...

Trade

Hungary Posts EUR 1.8 bln Trade Surplus in March Despite Slowing Export Growth

Hungary recorded a EUR 1.8 billion surplus in external trade in goods in March, up EUR 173 million year-over-year, according...

Automotive

AutoWallis Group Opens Its 1st Truck Sales Point and Repair Shop in the Czech Republic

The AutoWallis Group has opened its first Mercedes-Benz Trucks sales point and repair shop, bolstering its presence on the Czech...

Tourism

Hungary Sees Uptick in Tourist Arrivals but Drop in Overnight Stays in March

Hungary recorded 1.1 million tourist arrivals in March, up 1.1% from the previous year, while total overnight stays declined by...

Sustainability

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Appointments

Promotions and New Partner Appointment at PortfoLion

Alongside several colleague promotions, PortfoLion Capital Partners, the venture and private equity fund manager belonging to the OTP Group, announced...

HR

Hungary Employment Rises to 4.7 mln in March, Unemployment Rate Drops to 4.3%

Hungary’s labor market continued to show resilience in March, with the number of employed people reaching 4.701 million, according to...

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...