People

Interview

EU will not unconditionally accept terms to restart WTO talks

The European Union will not unconditionally accept terms to resolve the deadlock of the free-trade talks of the World Trade...

Interview

Poland seeks more foreign investment

Poland's government is trying to create a friendly environment to lure more foreign investment, which totals about $15 billion a...

Interview

Sarkozy to champion Europe in trade talks

Nicolas Sarkozy, French president, warned the world on Wednesday night that he expected Europe to take a much tougher stance...

Interview

Czech Republic will sue EU over cuts in carbon emissions limit

The Czech government said Friday it will sue the European Commission over the cuts, it made to how much carbon...

Interview

Italian Treasury may sell full stake in national carrier Alitalia

Italian Treasury said Tuesday that it may sell its full 49.9% stake in national carrier Alitalia under the right conditions....

Interview

Russia to demand lower EU agriculture subsidies after joining WTO

Russia will demand that the European Union reduce state subsidies to domestic agricultural producers after the country joins the World...

Interview

Marsh gross wages up 8.4% y/y in Hungary

Hungary's Central Statistical Office on Thursday said that gross average wages rose by 8.4% year on year in March, reducing...

Interview

Nigerian military to buy 15 subsonic planes from Czech Republic

The Czech Republic is negotiating with the Nigerian military for the purchase of redundant L-159 subsonic planes from the Czech...

Interview

Switzerland rules out negotiations with EU on tax row

Switzerland has rejected formal negotiations with the European Union in a bid to resolve a controversy over the country's corporate...

Interview

Czech, Italian PMs differ on EU constitution

Italian Prime Minister Romano Prodi did not agree with his Czech counterpart Mirek Topolanek on the issue of EU constitution,...

Interview

Cerberus to likely buyer of Chrysler

Private equity firm Cerberus Capital Management appeared to be the winning bidder for the Chrysler Group and an announcement on...

Interview

Czech Republic aims to adopt euro by 2012

The Czech Republic will aim to switch to the euro currency by 2012, the Finance Minister said Tuesday....

Interview

Emerging economies urged to do more for labor standards

Labor and employment ministers from the world's richest nations appealed Tuesday to developing countries and emerging economies to improve social...

Interview

EU to support Russia’s WTO bid, ‘but not at any price’

The European Commission on Friday denied that it was seeking to block Russian membership of global free trade pacts, but...

Interview

Soros says: Czechs lack enough businessmen caring for public interest

The Czech Republic does not have a large enough entrepreneur community that would care for public interest, philanthropist George Soros...

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...