Bence Gaál

Figures

10% Minimum Wage Rise Would Be ‘Manageable’ – Évosz

A 10% minimum wage rise for 2025 would be "manageable" for construction industry companies, the National Federation of Hungarian Building...

Appointments

Óbuda Group Merges Architecture, Project Management Operations

Óbuda Group has decided to merge its architect and project management areas, the company tells the Budapest Business Journal....

Retail

Online Marketplace Allegro Enters Hungary

Allegro, Europe’s largest online marketplace, has announced its expansion into Hungary with the launch of Allegro.hu, offering more than 150...

Science

Semmelweis Uni, Westpfalz-Klinikum Launch Joint Program

Semmelweis University and Germany’s Westpfalz-Klinikum are set to launch a joint medical training program starting in the 2025/2026 academic year....

Deals

HungaroControl, Budapest Airport Sign Partnership Agreement

Air traffic control company HungaroControl and Budapest Airport, the operator of Ferenc Liszt International, signed a strategic partnership agreement in...

Figures

Hungary’s Industrial Producer Prices Rise 3% in August

Hungary's industrial producer prices increased by 3% in August 2024 compared to the same month last year, according to data...

Appointments

Leadership Change at PwC Hungary

As of October 1, 2024, László Radványi has officially succeeded Tamás Lőcsei as the country managing partner of PwC Hungary....

Innovation

Hungary Advances AI Strategy with New Academic Programs, Cutting-Edge Supercomputer

Starting next year, universities across Hungary will offer their first master's programs dedicated to artificial intelligence (AI), featuring coordinated curricula...

Business

Corvinus Among Europe’s Top 50 MBA Business Programs

For the first time, a Hungarian university has been included in the newly published international MBA business program ranking for...

Tourism

Hungarian Tourism Industry Finishes Summer on Strong Note

The Central Statistical Office (KSH) has reported an 11% increase in tourist arrivals and a 3.6% rise in overnight stays...

Analysis

Hungarian Private School Market an Attractive Landscape for Investment

In Hungary, the challenges facing public education – underfunding, teacher shortages, outdated curricula - has led to a significant increase...

Government

Balázs Orbán Sparks Outrage With Controversial Remarks on Ukraine, ’56 Revolution

Balázs Orbán, the political director to Hungarian Prime Minister Viktor Orbán, has ignited a heated debate with comments linking Hungary's...

Awards

Budapest Ranked Among Best Student Cities in Europe

Based on more than 17,000 European student reviews, Budapest is the fourth best student city on the continent according to...

Innovation

WHC Group Unveils CX Services Brand

WHC Group, a leading international HR service provider in Central and Eastern Europe, headquartered in Hungary, has unveiled its new...

Logistics

Faedra Group Expands Portfolio with New Logistics Investments in Budapest

The Hungarian-owned Faedra Group will soon begin developing two new logistics warehouses. The real estate development group, which recently completed...

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...