Bence Gaál

Hotels

Mandarin Oriental to Operate Gellért Hotel After Renovation

The Gellért Hotel, owned by BDPST Group, will undergo a complete renovation in 2024, in line with heritage preservation standards,...

Office Market

Academia Receives Well Pre-certification

ConvergenCE's Academia office building has received a Well pre-certification, according to a press release sent to the Budapest Business Journal....

Sustainability

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

HR

McDonald’s Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m....

Sustainability

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Manufacturing

Ganz Rotating Machine Division Returns Successfully to the Int’l Market

Representatives of Ganz Transformers and Electric Rotating Machines (Ganz) have signed six new international contracts worth a total of EUR...

Music

Zwack Unicum Announces Unique Acoustic Music Project

This Advent season sees the debut of Unicum Akusztik, a special music project creating the opportunity for Hungarian bands to...

Hotels

Ibis & Tribe Budapest Stadium Opens

Ibis & Tribe Budapest Stadium opened its doors as one of Accor's fastest-growing hotel brands last week, according to a...

Analysis

Board Game Looks to Teach Successful Company Building

Looking for something to encourage your child’s inner “Baby Boss” this Christmas? The first Hungarian-designed, business-building strategy board game hit...

Sustainability

Access4you Joins RICS Tech Partner Program

Access4you International has joined the RICS Tech Partner Program, and as a member of this collaboration platform, Access4you has become...

Awards

HBLF Celebrates Inclusion at Diversity Awards and Charter Signing Ceremony

The Hungarian Business Leaders Forum (HBLF) held its annual Diversity Awards and Charter Signing Ceremony on November 29 in Budapest,...

Residential

Realis Development Enters Real Estate Market

Realis Development, a new development company brought to life by three experienced real estate market players, has entered the Hungarian...

Transport

Wizz Air Starts Flights Between Debrecen and Rome

Wizz Air has launched its first direct flight from Debrecen to Rome this month, according to a press release sent...

Logistics

MG3 Warehouse Attains Highest Sustainability Rating

The 45,000 sqm MG3 warehouse at HelloParks Maglód has become the first industrial property in Hungary to achieve the highest,...

Residential

Hungarian Residential Properties Attractive for Foreign Investors

Compared to other cities, gross yields in Budapest, calculated from purchase prices and revenue from rent, are among the highest,...

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...