Bence Gaál

Science

Drought-monitoring Satellite to Be Launched Today

Hungary's WREN-1 (Water Resources in Efficient Networks) CubeSat, a small satellite developed by COMBIT Computer Technology, in collaboration with the...

Analysis

Majority Now Spends Over HUF 100,000 on Vacation

According to a recent representative survey by CIB Bank, some 45% of the adult population in Hungary plans to go...

Automotive

More Green Investments at AutoWallis Group

AutoWallis has published its annual Green Bond Allocation and Impact Report on the June 30, 2023, to June 30, 2024...

MNB

MNB Business Confidence Index Edges up in July

The business confidence index of the National Bank of Hungary (MNB) rose to +1 point in July from -4 points...

Deals

APS Group Expands With Strategic Acquisitions From B2 Impact

APS Group, a leading investor in non-performing loans (NPLs), has announced the successful completion of two strategic acquisitions from B2...

Telco

Wolf Theiss Advises 4iG Group on 2 Telco Acquisitions

Wolf Theiss acted as legal advisor to 4iG Group regarding their acquisition of a 100% stake in PR-Telecom Távközlési Zrt.,...

Figures

Hungary’s Inflation Rises to 4.1% in July 2024

In July 2024, Hungary experienced a 4.1% increase in consumer prices compared to the same month last year, according to...

Innovation

Continest’s Foldable Containers Featured at Paris Olympics

Székesfehérvár-based company Continest has provided 52 of its innovative containers for public spaces, Olympic venues, and the German team's fan...

Deals

DRFG Completes Acquisition of TriGranit

Investment group DRFG's portfolio is expanding with the acquisition of one of the largest privately-owned real estate development platforms in...

Appointments

U.K. Expert Takes Over as Dreher Breweries Head

As of August, Dreher Breweries is led by a new managing director from the United Kingdom - a market with...

Office Market

1st Building of Atenor’s BakerStreet Handed Over to E.ON 

Atenor has announced that the 16,643 sqm, South Buda located BakerStreet Phase I was successfully handed over in early June...

Banking

CIB Bank Named ‘Best Bank for ESG’ in Hungary by Euromoney

CIB Bank has been awarded the "Best Bank for ESG" accolade by Euromoney financial magazine, recognizing its leadership in sustainable...

Banking

Demand for Corporate Credit Flat in Q2

Demand for corporate credit was unchanged in the second quarter, a survey of loan officers by the National Bank of...

Fintech

Revolut Celebrates 1.5 Million Customers in Hungary

Revolut, a financial app with more than 45 million customers around the world, has announced it reached an important milestone...

Residential

Hungarian Homes Selling Quicker

The Hungarian real estate market has seen a noticeable reduction in the time homes spend on the market before being...

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...