People

Interview

Hungary: Minimum wage earners the bane of growth

The 50% of GDP state redistribution rate should be lowered to 40% to speed up economic growth to 4-5%, said...

Interview

Hungary: Minimum wage earners the bane of growth

The 50% of GDP state redistribution rate should be lowered to 40% to speed up economic growth to 4-5%, said...

Interview

PM: Gov’t must resign if fails to secure support for tax, budget bills

Hungary’s minority Socialist (MSZP) government must resign if it fails to garner enough support for its tax and budget bills...

Interview

PM: Gov’t must resign if fails to secure support for tax, budget bills

Hungary’s minority Socialist (MSZP) government must resign if it fails to garner enough support for its tax and budget bills...

Interview

Croatia PM & President clash over economy

A spat between Croatia’s President and Prime Minister has deepened over the country’s economic woes....

Interview

Croatia PM & President clash over economy

A spat between Croatia’s President and Prime Minister has deepened over the country’s economic woes....

Interview

Hungary PM reshuffles gov’t after coalition split

Hungarian Prime Minister Ferenc Gyurcsány reshuffled his cabinet and created several new ministerial posts after the smaller liberal government party...

Interview

Hungary PM reshuffles gov’t after coalition split

Hungarian Prime Minister Ferenc Gyurcsány reshuffled his cabinet and created several new ministerial posts after the smaller liberal government party...

Interview

Russia to stand firm on raw timber duties – official

Russia will not back down on plans to increase duties on its timber exports, a senior official said on Thursday,...

Interview

Russia to stand firm on raw timber duties – official

Russia will not back down on plans to increase duties on its timber exports, a senior official said on Thursday,...

Interview

OECD predicts slower Czech growth, urges more fiscal reform

The Czech Republic’s booming economy is to grow slower in coming years and will be in need of further fiscal...

Interview

OECD predicts slower Czech growth, urges more fiscal reform

The Czech Republic’s booming economy is to grow slower in coming years and will be in need of further fiscal...

Interview

Cbanker says Hungary should tackle growth problem

Hungary needs deep cuts in social spending to leave more room for economic growth which is much slower than in...

Interview

Cbanker says Hungary should tackle growth problem

Hungary needs deep cuts in social spending to leave more room for economic growth which is much slower than in...

Interview

North American leaders give symbolic boost to free trade agreement

The leaders of the United States, Canada and Mexico concluded their two-day summit on Tuesday, giving a symbolic boost to...

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...