Bence Gaál

Office Market

Wizz Air Moves Headquarters to Millennium Tower

Low-cost airline Wizz Air has relocated its headquarters to Millennium City Center office park in Budapest, securing an 8,000 sqm...

Office Market

Restaurant Gourmenza Opens in H2Offices

The first phase of H2Offices is now home to premium restaurant Gourmenza. Spread over 690 sqm, with a 123 sqm...

Incubators

Equalizer Foundation Launches Mentorship Program Powered by Morgan Stanley

Equalizer Foundation (Egyenlítő Alapítvány) is launching the next edition of its mentorship program, powered by Morgan Stanley, aimed at helping...

Awards

Top Three Winners Announced in 1st Hungarian Visa Top Shop Competition for SME Stores

The awards for the first Hungarian Visa Top Shop competition have been presented. The evaluation criteria included the store’s design,...

Figures

Akko Invest Registers Another Record Year

Akko Invest, a Prime category Budapest Stock Exchange company, closed another record year in 2023 after its revenue increased by...

Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practice

Schoenherr has reinforced its M&A practice in Central Eastern Europe with the new hire of Miklós Klenanc, senior attorney at...

Office Market

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Appointments

Prohuman Appoints New CEO

Ágnes Tóth has been appointed as CEO by the Board of Directors of Prohuman Zrt., a group of companies operating...

Government

Magyar Drops Audio Suggesting Gov’t Meddling in Corruption Case

In an audio recording released by Péter Magyar today, then-Justice Minister Judit Varga is heard discussing how Minister of the...

Retail

Gobuda Mall Celebrates 2nd Anniversary

Gobuda Mall, the largest shopping center in Óbuda, hosting around 100 stores and boasting an occupancy rate of almost 90%,...

Awards

Chresten Bruun Wins Expat CEO of the Year Award 2024

Chresten Bruun, general manager & senior vice president, EMEA Manufacturing in the Lego Group, won the Expat CEO of the...

Analysis

The Financial Challenges Faced by the Hungarian Upper Crust

Around HUF 660 million in investments, nearly a billion in real estate, a business worth double that and almost HUF...

Science

Corvinus, Chinese Uni of Hong Kong Sign Research Cooperation Deal

Corvinus University of Budapest and The Chinese University of Hong Kong Shenzhen Research Institute signed a Memorandum of Understanding for...

Manufacturing

Ganz Delivers Hungary’s 1st Transformer With a Digital Twin

Hungary's first state-of-the-art transformer with a digital twin will soon put into operation in District XI of Budapest, with the...

Drinks

François Sparkling Wines Win Gold at Mundus Vini

Hungarian sparkling wines François President Brut and François President Blanc de Blancs Extra Brut 2018 won gold medals at one...

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...