People

Interview

S&P upgrades the Czech Republic’s ratings

Standard & Poor’s on Tuesday raised its foreign currency sovereign credit ratings on the Czech Republic to A/A-1 from A-/A-2...

Interview

IMF to start assessing Russian financial sector next week

The International Monetary Fund will start assessing the Russian financial sector next week, IMF Managing Director Rodrigo de Rato said...

Interview

Romanian Justice Minister faces corruption probe

The minister’s comments came a day after the DNA requested President Traian Basescu to authorize a criminal investigation against Chiuariu...

Interview

China, East European countries develop trade union links

The top trade unions of China and seven East European countries on Wednesday have agreed to step up cooperation and...

Interview

Sarkozy criticism overshadows EU finance meeting

European Union financial leaders reacted angrily at a meeting in Portugal on Saturday to comments by French President Nicolas Sarkozy...

Interview

EU calls for stable government in Ukraine

European leaders on Friday urged Ukraine to form quickly a stable government after September 30 elections as they started talks...

Interview

Strains tell within Europe over Kosovo

Trapped between the tough and exclusive positions adopted by the US and Russia, even the semblance of EU unity over...

Interview

Merkel, Sarkozy call for financial transparency

German Chancellor Angela Merkel and visiting French President Nicolas Sarkozy urged the European Union on Monday to take measures to...

Interview

Poland may adopt euro in 2012

Poland may adopt the euro in 2012 at the earliest, Poland’s central bank chief Slawomir Skrzypek told Polish media on...

Interview

EU solidarity deepens

Initiative for strengthening cooperation in confronting natural disasters....

Interview

France’s Strauss-Kahn favored for IMF top job

Former French finance minister Dominique Strauss-Kahn was widely tipped to become the ’s new head after nominations for the post...

Interview

Kosovo dismisses notion of partition – extended

Kosovo leaders on Wednesday dismissed the notion of Kosovo partition and vowed to keep the province intact, news reports from...

Interview

Hungarians’ net income is second lowest

According to Deloitte Hungary, Polish, followed by the Hungarians, would get the lowest net income from a €500 gross wage...

Interview

Serbia urges world to warn Kosovo against unilateral independence

Serbia on Tuesday urged the international community to send a clear message to Kosovo that its unilateral declaration of independence...

Interview

Prague to privatize major state companies

Czech Republic officials said they plan to privatize the state-owned CEZ energy giant, the Czech Airlines and the Budvar Brewery,...

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...