Bence Gaál

Residential

Sales of 2nd Phase of Le Jardin Residential Park in District XIII Underway

Sales of the second phase of Living's green residential development Le Jardin have started, with the project offering some 147...

Automotive

Businesses Apply for HUF 29.7 bln of Subsidies to Buy EVs

Businesses have applied for HUF 29.7 billion of subsidies in a scheme to support purchases of EVs, close to the...

Figures

Hungary’s Inflation Holds Steady in March, Annual Rate at 4.7%

Hungary’s consumer prices in March 2025 were 4.7% higher on average than a year earlier, while remaining flat compared to...

Manufacturing

Ganz Transitions to Green Energy for Manufacturing Activities

The construction of the solar power plant and energy storage system for Ganz Transformers and Electric Rotating Machines has been...

Analysis

Agricultural Landscape Shifts as Small Farms Decline, Crop Production Strengthens

The structure of Hungarian agriculture continues to evolve, with the number of farms declining while the dominance of crop production...

Retail

Hungary’s Retail Sales Rise 3.3% in February, Monthly Sales Slightly Down

Hungary's retail sales rose by 3.3% in February compared to a year earlier, boosted by strong demand for food and...

Interview

Ewelina Zawadzka: Controlling the Controllable, Embracing the Change

The BBJ speaks with Ewelina Zawadzka, GM of the Coca-Cola Company in Hungary since July 2023, about how diverse teams...

Figures

Hungary’s Average Gross Earnings Rise 10.4% in January, Real Wages Up 4.6%

Average gross earnings for full-time employees in Hungary rose 10.4% year-on-year to HUF 668,100 in January 2025, according to data...

Appointments

Marta Zawadzka Rejoins TriGranit as Head of Leasing and Asset Management

Marta Zawadzka has rejoined TriGranit after nearly a decade as head of Leasing and Asset Management. She will oversee leasing...

Figures

Economy Minister Puts GDP Growth Over 3% in H2 2025

Hungary's GDP growth is expected to exceed 3% in the second half of 2025, Hungary's National Economy Minister Márton Nagy...

Appointments

Indotek Group Appoints Top Austrian Finance Strategist Florian Nowotny as Group CFO

Pan-European property investment conglomerate Indotek Group announced the appointment of Austrian corporate finance expert Florian Nowotny as group chief financial...

Awards

A Night of Celebration at the Expat CEO Gala – Video Highlights

For more than a decade, the BBJ has proudly hosted the Expat CEO Gala—an exclusive event recognizing the int'l business...

HR

Hungary’s Unemployment Rate Eases to 4.5% in February, Employment Holds Steady

Hungary’s labor market remained stable in February, with 4.68 million people employed and the unemployment rate dipping slightly to 4.5%,...

MNB

National Bank Policymakers Leave Base Rate on Hold at 6.5%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at...

Banking

Stability and Profitability Still Hallmarks of CEE Banking Market in 2024

Despite the challenges of recent years, such as geopolitical tensions and changes in the macroeconomic environment, banks have continued 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...