Bence Gaál

Figures

Hungary’s Economy Shrinks 0.7% in Q3 Amid Slowdown in Key Sectors

Hungary’s economy contracted by 0.7% in the third quarter of 2024 compared to the same period last year, according to...

Appointments

New Business Unit Leaders at KPMG

KPMG Hungary has entered the new fiscal year with a restructured leadership team, the company tells the Budapest Business Journal....

Drinks

Zwack Unicum Enters Luxury Market With Family ‘Trezor’

Zwack Unicum has debuted Unicum Trezor XO, a limited edition, exclusive herbal liqueur that marks the company’s first foray into...

Interview

Driving Innovation at Continental Nyíregyháza

From humble beginnings as a translator, Continental Nyíregyháza’s managing director, Zoltán Adorján, reflects on his journey through the company, highlighting...

Awards

United Way Hungary Holds Annual Gala to Support Underprivileged Children, Youth

On October 19, United Way Hungary held its annual fundraising gala in the wonderful ballroom of the Budapest Marriott Hotel....

Office Market

IWG Expands Presence With Regus Workspace in Debrecen

Hybrid working solutions provider International Workplace Group (IWG) is expanding its presence in Hungary with the launch of a modern,...

Polls

Tisza Overtakes Fidesz in New Poll

In a closely contested race, the Tisza Party has edged ahead of Fidesz in voter support among those who are...

Recycling

Hungary Deposit-return System Reaches 0.5 Billion Milestone

Half a billion bottles and cans have gone through Hungary's new deposit-return system (DRS), MOHU, a unit of Hungarian oil...

Appointments

Management Change at Ganz Transformers and Electric Rotating Machines

Jan Prins, managing director of Ganz Transformers and Electric Rotating Machines, will leave the company at the end of the...

Residential

Biggeorge Property Wins Residential Developer of the Year Award

Biggeorge Property won the CEE Residential Developer of the Year title at the EuropaProperty CRE Awards gala, the company tells...

Sustainability

Green Energy Solutions Could Pave the Way for Future Investments

While consumer price increases have normalized, Hungary has faced high inflation in recent years, with fluctuating energy prices playing a...

Analysis

German Investors Remain Keen on Hungary in 2024

German companies continue to play a crucial role in Hungary’s economy, with 2024 showing no signs of slowing down in...

Awards

Éva Hegedüs Wins EY Entrepreneur of the Year Award

Éva Hegedüs, co-founder and CEO of Gránit Bank, won the grand prize at the EY Entrepreneur of the Year gala...

Logistics

HelloParks Celebrates Double Success at CRE Awards

Industrial real estate developer HelloParks, part of the Futureal Group, earned two prestigious honors at the sixth annual CRE Awards,...

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...