Bence Gaál

Deals

Prohuman Group Expands in Hungary With Acquisitions in the Outsourcing Market

Prohuman Group has acquired a 75% stake in facility management company Green Vector Kft. and a 100% stake in Protocall...

Energy Trade

New Hungaro-Serb Oil Pipeline to Boost Energy Security

Hungary and Serbia are set to construct a new oil pipeline aimed at enhancing energy security, Minister of Foreign Affairs...

Manufacturing

Robert Bosch Power Tool Inaugurates HUF 54 bln Distribution Center in Hungary

Robert Bosch Power Tool inaugurated a new 54 billion regional logistics and distribution center in Miskolc in Northeastern Hungary on...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space 

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Awards

Kempinski Hotel Corvinus BP Named 4-Star Hotel in Forbes Travel Guide’s 2025 Star Awards

Forbes Travel Guide (FTG) announced its 2025 Star Awards, with Kempinski Hotel Corvinus Budapest earning a new FTG Four-Star award,...

Figures

Hungary’s Inflation Rate Rises to 5.5% in January, Driven by Food, Service Costs

Hungary’s inflation rate reached 5.5% in January compared to the same month a year earlier, according to the Central Statistical...

World

Hungarian Authorities, German Police Arrest Suspect in Berlin Over Motherless Scandal

Hungarian and German law enforcement agencies have arrested a 39-year-old Hungarian man in Berlin who allegedly uploaded disturbing content featuring...

Hotels

Luxury Hotel Al Habtoor Palace Budapest Opens in Heart of Capital

Al Habtoor Group has officially opened Al Habtoor Palace Budapest, bringing the first Emirati ultra-luxury hotel brand to Europe, the...

Retail

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Residential

Cordia Announces Plans to Add 1,000 Apartments This Year in Budapest

To adapt to market trends, residential developer Cordia is launching sales for multiple projects in Q1. The company plans to...

Innovation

NKFI Launches Proof of Concept Grant to Commercialize University Research

The National Research, Development, and Innovation Office (NKFI) has announced its latest Proof of Concept (PoC) grant, designed to bridge...

Figures

Orlen Hungary Reports Explosive Growth in 2024

Orlen Hungary strengthened its presence in the Hungarian market this year, increasing its market share to 6.8%, and expanded its...

Pharma

Novartis Raises Awareness of Cholesterol Risks and Cardiovascular Health

Cardiovascular diseases are the leading cause of death in Hungary, yet public awareness remains low about the underlying risks and...

Deals

4iG Acquires 31% of Rotors&Cams

Listed ICT company 4iG on Friday said it acquired a 31% stake in Rotors&Cams, thereby acquiring both majority ownership and...

Transport

Lufthansa Technik to Provide Exclusive Base Maintenance for Eurowings’ A320 Fleet

Lufthansa Technik has signed an agreement with Eurowings Technik to provide comprehensive base maintenance support for Eurowings’ Airbus A320 family...

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...