Bence Gaál

Figures

Hungary’s Average Gross Earnings Rise 12.9% Year-on-Year in October

Full-time employees in Hungary earned an average gross salary of HUF 637,200 in October 2024, reflecting a 12.9% increase compared...

Ratings

Scope Affirms Masterplast Issuer Rating at ‘CCC’ With ‘Stable’ Outlook

Scope Ratings has affirmed the issuer rating of construction company Masterplast Nyrt. at "CCC," maintaining a "Stable" outlook, according to...

Office Market

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Figures

Hungary Records Decline in Births, Deaths, and Marriages in November 2024

Preliminary data from the Central Statistical Office (KSH) reveals a decline in births, deaths, and marriages in Hungary during November...

City

Budapest Municipal Assembly Passes 2025 Budget

The Budapest assembly passed the capital's budget for 2025 in a vote on Wednesday, planning for revenue of HUF 422.54...

MNB

Hungarian Central Bank Leaves Base Rate Unchanged at 6.5%

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

Construction

Hungary’s Construction Output Declines 0.5% Year-on-Year in October

Hungary’s construction output volume declined by 0.5% in October 2024 compared to the same month last year, according to raw...

Retail

Survey: Shoppers Prepared to Hunt for Best Holiday Deals

Most consumers are actively searching for holiday discounts, according to EY's int'l survey of 13,000 shoppers. The study found that...

Automotive

AutoWallis Group Issues EUR 20 mln Bond to Fund Int’l Expansion

AutoWallis Group has raised EUR 20 mln in a private bond placement to support its international expansion and acquisition strategy....

Music

Budapest Strings Gala Concert to Honor Károly Botvay’s 92nd Birthday

Liszt Academy will host a gala concert on Dec. 28, celebrating the 92nd birthday of Károly Botvay, founder of the...

Office Market

Liberty’s Tenant Base Expands With Major Companies

More tenants are moving into Wing's Liberty building: Zenitech Consulting has signed a lease for 1,500 sqm, and the Hungarian...

Logistics

Another HelloParks Fót Megapark Facility Hits Full Occupancy

HelloParks has closed its recent leasing transactions, reaching full occupancy in its fourth warehouse facility. Over the summer and fall,...

Awards

Schoenherr Wins Best Law Firm of the Year at 2024 CIJ Awards Hungary

Schoenherr has won Best Law Firm of the Year at the 2024 CIJ Awards Hungary gala in Budapest, the company...

MNB

Varga Accepts Nomination as MNB Governor

Minister of Finance Mihály Varga said that he will accept the nomination for the role of Governor of the National...

Trade

Hungary’s External Trade in Services Posts EUR 3.5 bln Surplus in Q3

Hungary recorded a EUR 3.5 billion surplus in external trade in services during the third quarter of 2024, 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...