Bence Gaál

Logistics

Erste Open-Ended Real Estate Investment Fund Buys 2 HelloParks Warehouses in Record Deal

In a record-breaking deal for Hungary's industrial real estate market, Erste Open-Ended Real Estate Investment Fund has acquired two HelloParks...

Appointments

Óbuda Group Strengthens Leadership Team With New Executive Appointments

Óbuda Group, a key player in the Hungarian construction market, is strengthening its senior leadership team with two new executive...

Initiatives

E.ON Hungária Announces New Edition of ‘Champions of the Earth’ Competition

The E.ON Hungária Group is once again inviting schools and kindergartens to submit sustainability-focused projects for its "Champions of the...

Conferences

Beijing Showcases Cultural and Tourism Innovations in Budapest

The “Hello, Beijing!” event showcased Beijing's UNESCO-listed heritage, tourism initiatives, and growing connectivity with Hungary, highlighting its appeal as a...

Fintech

Wizz Air Partners With Revolut for One-Click Payments and RevPoint Rewards

Wizz Air has announced a new partnership with fintech Revolut. More than 60 million customers will gain access to secure...

Appointments

New Managing Director at Hankook’s Sales Office in Hungary

As of January 1, 2025, Dongchul Kwon has taken over the leadership of Hankook's Budapest office, Hankook Tire Budapest Kft,...

Startups

Fintech Startup Lightyear Secures Strategic Partnership With Petya Balogh

Lightyear, a fintech startup focused on investment education and financial technology, has announced a strategic partnership with Hungarian entrepreneur and...

Analysis

Hungarians Still Lag in Preventative Healthcare Spending

Despite recognizing the importance of proactive health management, Hungarians primarily rely on vitamins as their primary preventive measure, according to...

Analysis

Microsoft Highlights Power of Copilot, Cybersecurity Risks as AI Tour Makes a Stop in Budapest

Microsoft has made Copilot Chat available for free to promote the adoption of AI-powered solutions. Business leaders and IT professionals...

Deals

Gránit Asset Management’s Largest Real Estate Fund Expands With International Investment

The Magyar Posta Takarék Real Estate Investment Fund (MPTIA), managed by Gránit Asset Management, has invested EUR 10 mln in...

Green Energy

Uniper Kicks off 2 New Photovoltaic Projects in Hungary

Uniper is advancing its renewables activities and announced two new solar photovoltaic (PV) projects in Tét and Dunaföldvár, Hungary. The...

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Construction

No Rebound in Hungary’s Housing Construction Sector

Hungary’s housing construction sector showed no signs of recovery in 2024, with the number of new homes built and construction...

Awards

QS Int’l Trade Rankings 2025: Corvinus Executive MBA Ranked in the World’s Top 20

This year, a Hungarian university has made it onto the International Trade Rankings compiled by QS. The Executive MBA program...

Conferences

Electronics Manufacturing Heavyweights to Come Together at InnoElectro 2025 in Budapest

InnoElectro 2025 is set to showcase the electronics manufacturing industry's most exciting solutions and offer more than 50 presentations between...

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...