Bence Gaál

Conferences

Budapest Climate Summit Gathers Climate Leaders in December to Shape a Sustainable Future

The Budapest Climate Summit, one of the leading climate events in Central and Eastern Europe, will take place Dec. 2,...

Residential

Phase I of Le Jardin Residential Park Completed

The first phase of the 165-unit Le Jardin residential park, Living’s greenest development to date, has received its final use...

Startups

Startup Looking to Support 1,000s of Agricultural Professionals

This fall, Hungarian startup Agrolynx is debuting its innovative agricultural software, which has the potential to simplify the daily work...

Logistics

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Transport

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Deals

Corvinus Signs Cooperation Deal With Consulting Firm Stratis

Corvinus University entered into a three-year strategic partnership agreement with consulting firm Stratis, the university told the Budapest Business Journal....

World

Orbán Lauds Trump on “Enormous Win”

Hungarian Prime Minister Viktor Orbán took to social media platform X today to congratulate former U.S. President Donald Trump on...

Construction

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...

Trade

Hungary’s Trade Surplus Narrows as Exports, Imports Decline

Hungary’s external trade surplus reached EUR 1.2 billion in September 2024, according to fresh data from the Central Statistical Office...

Automotive

AutoWallis Group Opens 1st Renault and Dacia Dealership in Budapest

The AutoWallis Group has opened its first Renault and Dacia dealership in the Hungarian capital. The showroom and service center...

Innovation

E-mobility at the Doorstep of Domestic Logistics

In Hungary, e-mobility is mostly associated with the electrification of passenger vehicles, though it holds significant potential for the logistics...

Social

50% of Adolescent Girls Feel Less Beautiful Due to Social Media

About half of adolescent girls feel less beautiful due to what they see on social media because many do not...

Manufacturing

Hungary’s Industrial Producer Prices Rise y.o.y. in September

Hungary’s industrial producer prices rose 0.9% in September 2024 compared to a year earlier, though prices saw a month-to-month decrease...

Drinks

Guinness 0.0 Launches in Hungary for Dry November

Just in time for Dry November, Borsodi Brewery has added Guinness 0.0, a non-alcoholic version of the iconic Irish stout,...

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...