Bence Gaál

Appointments

New Managing Director at OMV Hungary

Ján Hrivňák took over as managing director and head of the retail division of OMV Hungária Kft. this month, the...

Deals

Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and...

Transport

UPS Healthcare Invests Over EUR 20 mln to Boost Temperature-Controlled Fleet

UPS Healthcare is investing more than EUR 20 million in buying over 200 state-of-the-art, temperature-controlled vehicles to enhance its comprehensive...

Telco

4iG Acquires 100% Stake in PR-Telecom

4iG Group is set to acquire a 100% stake in PR-Telecom Távközlési Zrt (PR-Telecom), a regional fixed-line telecommunications operator in...

Residential

Cordia Polska Announces 2nd Successful Bond Issue in Poland

Cordia Polska Finance, a member of the Cordia Group, has completed its second bond issue on the Catalyst platform of...

Logistics

Construction of Weerts Logistics Park in Ebes Reaches Highest Point

In June 2024, the latest construction of the Weerts Logistics Park (WLP), being built in the neighborhood of Debrecen, in...

Analysis

KPMG Hungary Reveals How AI Could Revolutionize Businesses

In conjunction with the 35th anniversary of KPMG Hungary, the experts at the Big4 firm have summarized the future directions...

Automotive

AutoWallis Enters Czech Vehicle Retail Market

The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW...

Logistics

HelloParks PT2 in Páty Receives Occupancy Permit

HelloParks’ PT2 hall in Páty has received its occupancy permit, making the company the third largest industrial real estate developer...

Tourism

Tourism Night Spent in Hungary up in May

In May 2024, 1.6 million guests spent 3.7 million tourism nights at tourist accommodation establishments in Hungary. The number of...

Appointments

François Berisot Appointed CEO of Budapest Airport

François Berisot is the new CEO of Budapest Airport Zrt., as of June 6, 2024, according to a press release...

Office Market

Employees’ Expectations Towards Working in Office Evolving

Expectations regarding the office and office work have fundamentally changed in recent years. In many industries, remote working has become...

Appointments

Bruno van Pottelsberghe to Take Over as Corvinus Uni Rector

Following his appointment, expected to be effective as of August 1, Bruno van Pottelsberghe is set to take over the...

Transport

Summer Season in Full Swing at Budapest Airport

The summer season at Ferenc Liszt International Airport is now in full swing, offering travelers a gateway to 130 cities....

Green Energy

MET Group, ToRa Launch Development Partnership With Solar and Storage Project in Saxony

MET Group has acquired a 100% stake in a German project company from ToRa GmbH. The project aims to develop...

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...