Bence Gaál

Residential

Home Prices Falling in Some Budapest Districts

The rise in second-hand housing prices in the capital has stopped in all segments this year, with home prices actually...

Hotels

Hard Rock Hotel Budapest to Host Special F1 Weekend

Speed and racing enthusiasts will be the focus of the events at the Hard Rock Hotel Budapest during the Hungarian...

Analysis

Hungarian Social Media Users Wary About Using AI

Only 13% of Hungarian social media users have used applications such as ChatGPT and Dall-E 2. According to a Sophos...

Tourism

Hungarian Tourists Embracing Digital Payments on Their Holidays Abroad

The vast majority of Hungarians aiming to go on holiday abroad this year plan to pay on the spot with...

Initiatives

Tetra Pak FY22 Report Shows Progress on Sustainable Transformation

Tetra Pak has published its Sustainability Report FY22, highlighting the company’s progress across five interconnected areas: food systems, circularity, climate,...

Automotive

Hungary EV Market Growth Ahead of CEE Peers

The European electric car market is growing rapidly, and Hungary has made good progress in the Central European region, according...

Tourism

Strong Travel Demand Keeps Europe’s Tourism Rebound on Track

Europe's tourism recovery is maintaining its momentum despite economic headwinds, reaching about 95% of 2019 levels of international tourist arrivals,...

Office Market

IWG to Open 4 New Regus, HQ Centers in Hungary

Hybrid working solutions company IWG, is set to expand its presence in Hungary with four new openings, adding a total...

Office Market

MOL Campus Aims to Lure Employees Back to the Office With Human-centered Spaces

MOL Campus, the tallest building in Budapest at 143 meters, is positioning itself as the office of the future, offering...

Crops

Pannonia Bio Buying Nearly 1 mln Tonnes of Maize Locally

Europe's largest single-site biorefinery, Pannonia Bio in Dunaföldvár, is expected to launch the first major wave of new maize purchases...

Office Market

Icon Becomes Operator of BudaPart Downtown

In addition to BudaPart City, Icon Real Estate Management's experts are now also operating BudaPart DownTown in the South Buda...

Transport

Wizz Air Launches Discount Club Light

Wizz Air has announced the launch of a new loyalty program called Wizz Discount Club Light, offering exclusive onboard discounts...

Parliament Passes Controversial Education Reform Law

The Hungarian Parliament has today passed a controversial education reform bill that will change the legal status of teachers, while...

Banking

Faster CEE Growth Faces External Headwinds – UniCredit

UniCredit economists expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1%...

Transport

Wizz Air Booking System to Go Offline Temporarily on Jul 4

Wizz Air will soon be carrying out maintenance work on its online interfaces. The airline's website and mobile app will...

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...