Bence Gaál

Awards

DS Smith Wins at Worldstar Global Packaging Awards

DS Smith, a leading global supplier of sustainable and fiber-based packaging solutions has won an award for industrial packaging at...

Appointments

Flóra Baranyi Joins ConvergenCE Construction & Project Management Team

Flóra Baranyi has joined ConvergenCE's construction and project management team, bringing aboard almost two decades of professional experience, the company...

Analysis

CEOs Worry About Business Survival Amid Tech, Climate Pressures

The proportion of CEOs who believe global economic growth will improve over the next 12 months has more than doubled...

Appointments

New Partner Heading Jalsovszky Law Firm’s Tax Advisory Group

After four years of experience in Big 4 tax advisory firms and a nine-year career at the Jalsovszky Law Firm,...

Awards

Corvinus Wins Silver at Prestigious MBA Competition

At the John Molson International MBA Case Competition in Canada, students from 30 universities around the world competed against each...

HR

SAP Introducing New Hybrid Work Schedule in Hungary

To strengthen the corporate culture and to encourage personal contact with customers and employees, SAP Hungary Kft. has announced the...

Deals

DS Smith to Buy Land, Building Housing Its Győr Plant

DS Smith, a leading provider of sustainable packaging solutions, paper products, and recycling services, today announced that it has agreed...

Office Market

New Multifunctional Center to be Built at Puskás Ferenc Stadion Metro Station

The Centrale multifunctional building complex will be built at one of the city's main intermodal hubs, the Puskás Ferenc Stadion...

Appointments

Szecskay Attorneys at Law Appoints Baldwin as Partner

Szecskay Attorneys at Law has announced that Sam MacMahon Baldwin has been promoted to the firm’s partnership effective January 1....

Residential

Rental Prices Expected to Rise by Over 10% in 2024

Rents in Budapest have increased by 19% in a year, fuelled mainly by record high inflation, Rentingo.com says in its...

Transport

Wizz Air Among Safest Low-cost Airlines

Discount airline Wizz Air has been selected as one of the five safest low-cost airlines in the AirlineRatings list, according...

Telco

Yettel Mobile Data Traffic Nearly Doubled Over Holidays

Mobile data traffic at Yettel Hungary increased by 89% compared to the previous year's holidays, while New Year's Eve SMS...

Deals

WTS Klient-Finacont Merger Fully Completed

As of January 1, two of the leading players in the Hungarian accounting and tax advisory market, WTS Klient and...

Analysis

CIB: Inflation to Continue Falling in 2024 as Economy Grows

Although global inflationary pressures are easing, GDP growth in advanced economies has slowed over the past six months. The Hungarian...

Appointments

Partner Promotion at Oppenheim

Oppenheim has announced that Dávid Hanis has been promoted to partner at the firm, effective January 1, 2024....

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...