People

Interview

Kazakh firm takes majority stake of Romania’s Rompetrol

Romania’s Rompetrol energy company has sold a majority of its shares to a state-owned Kazakh firm....

Interview

Slovenia, Croatia decide to turn to The Hague for border dispute settlement

Slovenia and Croatia agreed on Sunday to solve their border dispute at the International Court of Justice in The Hague,...

Interview

Germany plans to block unwanted foreign takeovers

The German cabinet agreed on Friday on a plan to try to find a way to protect German industries from...

Interview

Russia goes for Czech

Russia is heading for a clash with the West after making an unexpected request for a new candidate to take...

Interview

Kazakhstan threats Eni with stop of production in oil field

Kazakhstan on Tuesday threatened halt production of oil by the Italian energy firm Eni in the country’s oil fields due...

Interview

Russia, Australia to sign uranium deal in September – extended

Russia and Australia intend to sign a bilateral agreement on the peaceful uses of nuclear energy during the Russian president’s...

Interview

Macedonia, Montenegro to team up for markets abroad

Macedonia and Montenegro may jointly place the surplus of agricultural products in world’s major markets....

HR

Hungarian workforce inactive

The activity rate of potential employees between the age of 15 and 64 is only 57.6% in Hungary; significantly lower...

Interview

Bulgarian government helpless against high prices

The Minister of economy and energy Petar Dimitrov expressed certainty, that the adopted yesterday measures for taking hold of the...

Interview

Base rate cuts depend on conditions

The Hungarian central bank (MNB) may continue to decrease the base rate if the quarterly inflation report that is to...

Interview

Croatia mounts largest anti-corruption action to date

In a carefully planned and executed sting, police infiltrated the Croatian Privatization Fund in order to uncover corruption there. Seven...

Interview

WTO insists Russia go commercial

The latest round of consultations on Russia’s entry into the World Trade Organization, which ended Friday in Geneva, have brought...

Interview

EU justice commissioner demands US visa program apply to all citizens in bloc

The European Union can no longer tolerate discrimination against citizens from some member states when it comes to US visa...

Interview

WTO negotiators agreed on some customs issues – Russia

The negotiators of multi-party consultations for Russia’s admission to the World Trade Organization reached a preliminary agreement on eight customs...

Interview

Russia’s new round of WTO talks to start in Geneva Monday

Russia's delegation will begin Monday a new round of bilateral and multilateral talks on accession to the World Trade Organization...

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...