Bence Gaál

Construction

Hungary’s Construction Activity Falls in July

Hungary’s construction sector saw a 6.2% decline in output in July 2024 compared to the same period last year, according...

Appointments

Special Effects Ltd. Appoints Fresh CEO

For the first time in its 42-year history, event service provider Special Effects Ltd. has appointed a former global FMCG...

Automotive

DHL Doubles Electric Van Fleet in Budapest

DHL Express Hungary has announced a significant expansion of its zero-emission fleet in Budapest, doubling the number of electric delivery...

Transport

Paralympians Return Home With Special Wizz Air Plane

Hungary’s Paralympic team returned from the Paris 2024 Games on Monday aboard a specially-painted Wizz Air plane, landing at Budapest's...

World

Trump Leans on Orbán’s Praise to Counter Harris’s Foreign Relations Critique

In a heated presidential debate on Tuesday night, former President Donald Trump invoked Hungarian Prime Minister Viktor Orbán to counter...

Figures

Hungary’s Inflation at 3.4% in August

Hungary's consumer prices rose by 3.4% in August 2024 compared to the same period last year, according to the latest...

Office Market

RTL Hungary Moves Into Liget Center

One of Hungary's largest commercial TV channels, RTL Hungary, has moved into its new downtown home, Liget Center, developed and...

Innovation

EY Hungary Launches AI Business Line

EY Hungary has announced the launch of EY AI Confidence, its new artificial intelligence consulting service center at the AI...

Analysis

Hungarian Journalists, Copywriters Not Afraid of Losing Jobs to ChatGPT

Artificial intelligence makes their work more efficient and easier, but they do not consider their profession to be completely replaceable...

Ratings

Moody’s Assigns Baa2 Rating to Hungary’s Yen-Denominated Bonds

Moody’s Ratings has assigned a Baa2 rating to Hungary's senior unsecured yen-denominated bonds with maturities of 3 and 10 years....

Music

John Malkovich to Perform at House of Music

U.S. actor John Malkovich will appear in a production with pianist Anastasya Terenkova at the House of Music in Budapest...

Appointments

Matild Palace Appoints Bálint Bakó as New Director of Sales

Matild Palace, a Luxury Collection Hotel, Budapest, has announced the appointment of Bálint Bakó as its new director of sales,...

Politics

Magyar Challenges Gov’t Over ‘Intolerable Conditions’ in Schools

Péter Magyar, the most prominent figure of the opposition Tisza party, has sent a letter to the government official in...

Deals

VGD Hungary Audit and HLB Hungary to Merge

As of January 1, 2025, VGD Hungary Audit Ltd., one of Hungary’s leading audit advisory firms, is to merge with...

HR

Quiet Quitting Phenomenon on the Rise – Corvinus Research

Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the...

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...