People

Interview

New Fiscal Council to meet primarily to discuss budget drafts

The main task of Hungary's Fiscal Council is to issue an opinion on the draft budgets planned to be submitted...

Interview

Parliament gives MPs power to pick rate setters

Parliament approved late on Monday amendments to legislation that will give lawmakers power to nominate outside members to the National...

Interview

Parliament gives MPs power to pick rate setters

Parliament approved late on Monday amendments to legislation that will give lawmakers power to nominate outside members to the National...

Interview

Járai is named as third member of Fiscal Council

President Pál Schmitt formally appointed Zsigmond Járai as a third member of Hungary's revamped Fiscal Council this morning, the president's...

Interview

Járai is named as third member of Fiscal Council

President Pál Schmitt formally appointed Zsigmond Járai as a third member of Hungary's revamped Fiscal Council this morning, the president's...

Interview

Poland to host Eastern Partnership summit instead of Hungary

A summit between the European Union and six post-Soviet states will not be held in Hungary in May as scheduled,...

Interview

Poland to host Eastern Partnership summit instead of Hungary

A summit between the European Union and six post-Soviet states will not be held in Hungary in May as scheduled,...

Interview

Alitalia may lose license in days, invites offers

Aviation authorities may withdraw Alitalia's license in 3-4 days if the administrator making a last-ditch attempt to sell it off...

Interview

Alitalia may lose license in days, invites offers

Aviation authorities may withdraw Alitalia's license in 3-4 days if the administrator making a last-ditch attempt to sell it off...

Interview

Alitalia faces liquidation as buyers pull out

Italian airline Alitalia faced the prospect of liquidation after a business group that had mounted a rescue bid withdrew its...

Interview

Alitalia faces liquidation as buyers pull out

Italian airline Alitalia faced the prospect of liquidation after a business group that had mounted a rescue bid withdrew its...

Interview

Investors give Alitalia unions new ultimatum

A group of investors who have offered to rescue state-controlled Alitalia from bankruptcy said they were ready to withdraw their...

Interview

Investors give Alitalia unions new ultimatum

A group of investors who have offered to rescue state-controlled Alitalia from bankruptcy said they were ready to withdraw their...

Interview

ECB-inflation to ease as oil falls but no all-clear

Euro zone wage demands cannot be allowed to spiral higher even if declines in oil prices look like they might...

Interview

ECB-inflation to ease as oil falls but no all-clear

Euro zone wage demands cannot be allowed to spiral higher even if declines in oil prices look like they might...

Appointments

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Inside View

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...

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...

Forvis Mazars Appoints Three New Partners in Hungary

International audit and advisory firm Forvis Mazars has appointed Gabriella Gábor, Zoltán Betyák and Gergely Simon as partners in Hungary,...

Netlock Appoints George Tilesch to Lead AI and Global Strategy

Hungarian digital trust services provider Netlock has appointed Hungarian-American AI expert Dr. George Tilesch to its senior leadership team, effective...

Citi Appoints Zoltán Schwardy as Country Officer and Banking Head for Hungary

Citi has announced the appointment of Zoltán Schwardy as Citi country officer (CCO) and banking head for Hungary, effective Sept....

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Hungary’s Unemployment Rate Reaches 4.7% in August

Hungary’s unemployment rate stood at 4.7% in August, with 229,000 people unemployed and 4.654 mln employed among those aged 15-74,...

Realis Group Plans International Expansion as Krisztián Hornok Joins as Partner

Krisztián Hornok has joined Realis Group as a partner as the company prepares to expand its real estate business beyond...

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...