Bence Gaál

In Budapest

The Remarkable Journey of Linamar Founder Frank Hasenfratz

The Hungarian translation of “Driven to Succeed,” the biography of the extraordinary life and times of Hungarian-born Frank Hasenfratz, founder...

Figures

Hungary Retail Sales Down 8.3% y.o.y. in June

In June 2023, the volume of sales in retail trade in Hungary decreased by 7.8% according to raw data, and...

Deals

‘More Aggressive’ AlphaTauri Welcomes ‘Extraordinary’ Sponsor Orlen

Japanese F1 driver Yuki Tsunoda and Scuderia AlphaTauri team boss Franz Tost shared their thoughts regarding racing at the highest...

Tourism

More Tourists Spent Fewer Nights in Hungary in June

In June 2023, the number of tourist arrivals increased by 3.8%, while that of tourism nights fell by 0.8% in...

Automotive

AutoWallis Acquires Share Now Hungary Operator

The AutoWallis Group is expanding its services portfolio, with the acquisition of the company that operates vehicle share provider Share...

New Projects

Photon Aids Wolt Vienna With AI

In collaboration with Photon, Wolt, the food delivery platform entered the Austrian market this year. Photon is responsible for taking...

Sustainability

Real Estate Experts Expect Wave of Modernization

The EU Taxonomy and ESG directives already require an immediate change of approach for medium-sized companies. In a year or...

Transport

Budapest Airport Passenger Traffic up 26.6% in H1 2023

Between January-June 2023, Ferenc Liszt International Airport registered some 6,683,524 passengers, up 26.6% compared to H1 2022, according to a...

Deals

Montenegro Gov’t, 4iG Ink Partnership Deal

ICT company 4iG Group has signed a memorandum of understanding with the government of Montenegro regarding speeding up digital transition...

Office Market

MBH Gondoskodás Funds Pick H2Offices as HQ

Skanska secured MBH Gondoskodás Health and MBH Gondoskodás Pension Funds as new tenants of the first phase of H2Offices, according...

Pharma

Kangaroo Care: Family Therapy for the Health of Premature Babies

In Hungary, approximately 8,000 infants were delivered prematurely or with a birth weight below average annually over the past decade....

Sustainability

Phase 1 of East Gate Pro Business Park Gets Breeam Certification

The first halls of Wing’s East Gate Pro Business Park development, completed in the fall of 2022, have received a...

Telco

Over 50% of Hungarians Store Old Phones Despite Safety Risks

More than half of Hungarians are still storing unused mobile phones in their homes, according to a representative national survey...

Appointments

Wolt Announces New Business Unit in Hungary

Wolt has announced the launch of its new business unit Wolt Drive in Hungary, appointing Péter Tausz as its head,...

Drinks

Diageo, Momentán Join Forces to Promote Responsible Drinking

Alcoholic beverage producer and distributor Diageo joined forces with the Momentán Company to raise awareness of the importance of conscious...

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...