Bence Gaál

Conferences

Hungarian Battery Day Becomes 3-day Event

The Hungarian Battery Week conference, the most important annual meeting point for stakeholders of the battery and e-mobility industry of...

Construction

Housing Construction Slump Continues in H1 2024

The housing construction sector in Hungary continues to face a notable downturn, as highlighted by the latest data from the...

Tourism

Increase in Arrivals Drives Tourism Growth in June

The tourism sector exhibited notable growth in June 2024, with an impressive increase in the number of tourist arrivals and...

Ratings

Moody’s Affirms K&H Bank’s A3 Deposit Ratings, Stable Outlook

Moody's Ratings has confirmed the A3/P-2 long- and short-term deposit ratings of Kereskedelmi & Hitel Bank Rt. (K&H), maintaining a...

Figures

Hungary’s GDP Grows 1.3% in Q2 2024

Hungary’s gross domestic product (GDP) increased by 1.3% in the second quarter of 2024 compared to the same period last...

Telco

Digi Acquires Direct One Satellite Customer Base

Digi will take over the Hungarian satellite customer base of Direct One , according to a deal inked recently....

Residential

Hungary House Price Index Reaches 9.1% in Q1

Hungary's annualized house price index stood at 9.1% in the first quarter, data compiled by the Central Statistical Office (KSH)...

HR

Hungary Unemployment Rate Rises Slightly to 4.2%

According to the latest data from Hungary's Central Statistical Office (KSH), the employment landscape in Hungary remained stable in June...

Deals

WTS Klient, VGD Hungary to Merge

WTS Klient and VGD Hungary, two prominent players in the Hungarian accounting and consulting market, have decided to merge their...

Analysis

Accommodating Neurodiversity, Nurturing Mental Health Shapes Modern Offices

With ESG aspects and general inclusivity becoming increasingly important in business life and the office real estate market, developer Skanska...

Retail

Summer Heatwave Spurs Interest in Water Sports Products

As summer's intense heatwave sweeps across Hungary and its neighboring countries, residents are seeking solace by the water and in...

Logistics

New Classification Required for Logistics Activities From 2025

A new definition has been introduced to the regulation on the network of regulated parks: from January 1, 2025, certain...

Social

Hungary’s 1st Lipstick Bar Opens in the Heart of Budapest

Szabina Tomán has created the new Lipbar by Toman brand, a unique lipstick bar in Hungary, according to a press...

Deals

Daniella Electricity Acquires Elektro Uno’s Electrical Products Trading Business Unit

Daniella Electricity acquired Elektro Uno's electrical products trading business unit in June, meaning that the unit's six sites will continue...

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...