People

HR

Airport Workers Initiate Labor Dispute Over 2025 Wages and Conditions

Trade unions representing employees at Budapest Airport have launched a collective labor dispute with the BUD Group employers (BA Zrt.,...

Podcasts

Driving Innovation and Career Growth in Banking

The latest Corvinus Business Intelligence Podcast, entitled “Driving Innovation and Career Growth in Banking” is now available online....

HR

Half of Hungarian Companies Plan to Expand Workforce in 2025

Hungarian employers remain optimistic about their business outlook for 2025, with nearly half planning to expand their workforce this year...

HR

Slim Majority of Working Hungarians Received a Pay Raise in 2024

Just over half of Hungarian employees —approximately 53% — reported receiving a salary increase in 2024, according to a survey...

Podcasts

ESG Unpacked – Navigating the Business Risks and Opportunities – CBI Podcast

The latest episode of the Corvinus Business Intelligence Podcast series, entitled “ESG Unpacked – Navigating the Business Risks and Opportunities”...

Appointments

Óbuda Group Strengthens Leadership Team With New Executive Appointments

Óbuda Group, a key player in the Hungarian construction market, is strengthening its senior leadership team with two new executive...

Analysis, Inside View

Telepathy and Mind-reading: The Superpowers of Tax Authorities

It may seem that the tax authorities increasingly know who is worth auditing as surely as if they have magical...

Analysis, Inside View

Geopolitics, Tax Policy and Society in Flux

As chief tax officers manage complexity and changes in legislation, it’s vital to look at the big picture. Geopolitical events...

HR

Gov’t Launches 4th Round of EU-funded Employee Training Subsidy Scheme

The government is launching a HUF 15 billion subsidy scheme from March, the fourth phase of a larger project to...

Interview

Digital Technology and Medical Innovation = Better Patient Outcomes.

Colette Matz, country president and general manager of Novartis Hungary, talks to the Budapest Business Journal about key milestones in...

Appointments

New Managing Director at Hankook’s Sales Office in Hungary

As of January 1, 2025, Dongchul Kwon has taken over the leadership of Hankook's Budapest office, Hankook Tire Budapest Kft,...

HR

Unemployment Rate at 4.4% in January, Employment Rises

Hungary's unemployment rate for people aged 15–74 stood at 4.4% in January, with 214,000 people unemployed, according to data released...

Podcasts

Is Your Business Truly Digitally Transformed? -CBI Podcast

In an era where digital transformation is the key to resilience, are organizations genuinely evolving, or just going through the...

People

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Podcasts

Market Outlook, Trump Tariffs, and Hungary’s Economy Path – CEO Boardroom Insights

This podcast, featuring a variety of today's hottest economic topics is a recording of a roundtable discussion at our latest...

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...