Bence Gaál

Analysis

State of the Race for Lightning-fast Internet

The European Commission is looking to boost the digitalization of EU member states with its Digital Decade 2030 strategy. A...

Analysis

German Companies in Hungary Wary of Economic Challenges – DUIHK Survey

Global economic processes and risks, as well as domestic general framework conditions, pose significant challenges for the member companies of...

Office Market

Entire Floor of Office Area Rented at ZenGarden

Office complex ZenGarden has recently seen the signing of another long-term lease agreement. ConvergenCE has entered into a new agreement...

Recycling

Vytal Enters Hungarian Rebox Market in Cooperation With Wolt

Reusable packaging system Vytal is entering the Budapest market in close cooperation with Wolt, according to a press release sent...

Awards

Winners of This Year’s BeneFit Prize Announced

The winners of this year's beneFit Prize competition, recognizing firms that care about employee satisfaction and take the physical, mental,...

Hotels

Radisson-branded Hotel Opens in Budapest

The Radisson Hotel Budapest BudaPart had its grand opening in the Újbuda District west of the Danube on Oct. 19,...

Green Energy

E.ON Network Upgrade: Blending Energy Needs with Nature Conservation

The Solymár substation of the E.ON Hungária Group, which is responsible for the electricity supply of the settlements of Máriaremete,...

Retail

OMV Spar Express Stores Get 20 mln Shopping Visits a Year

October marked the 10th anniversary of the opening of the first OMV Spar express in Budapest, at the filling station...

Residential

New-build Housing Market Booming at Lake Balaton

Siófok is the favorite town of new-build home buyers at Lake Balaton, according to a survey by Otthon Centrum. Prices...

Residential

Real Estate Advertisers More Willing to Cut Prices

According to otpotthon.hu, compared to the first half of the year, it seems that advertisers have become even more open...

Automotive

OMV Setting up 28 EV Chargers in Hungary

OMV Hungária Ásványolaj Kft. has announced that the company will start the setup of a network of 28 EV charging...

Office Market

Turbine Chooses Corvin Innovation Campus as HQ

Digital biopharma research and development R&D company Turbine has set up its brand-new headquarters in the Corvin Innovation Campus on...

Hotels

Kempinski The Spa Gets Revamped

Kempinski Hotel Corvinus Budapest has redesigned its Kempinski The Spa facilities, concept, and treatments, the hotel tells the Budapest Business...

Transport

Wizz Air’s 1st Direct Budapest-Cairo Flight Takes Off

Discount airline Wizz Air launched its first direct flight from Budapest to Cairo this week, according to a press release...

Awards

Semmelweis Uni Wins Global Student Satisfaction Award

Semmelweis University in Budapest has been named winner of the Quality of Student Life category in the 2023 Global Student...

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...