People

Interview

Tito Yacht, priced at €180,000, goes on sale in Montenegro

A yacht used by former Yugoslav leader Josip Broz Tito to entertain local politicians is going on sale for €180,000...

Interview

Zsigmond Járai, government critic, exits Hungary’s Central Bank – extended

Hungarian Central Bank President Zsigmond Járai, who called economic policy „cancerous” and „chaotic,” today makes way for a replacement who...

Interview

EU threatens Taiwan with WTO complaint over Philips CD patents

The European Union threatened Taiwan with a World Trade Organization complaint over the use of compact-disc technology, seeking to protect...

Interview

AAA Auto to decide on share sale in 2-3 months

AAA Auto AS, the largest second-hand car dealership in central Europe, will decide in two to three months on how...

Interview

ECB benchmark rate already „above target”

The European Central Bank’s main lending rate is already „above target,” keeping the bank from further increases, the European Economic...

Interview

EU finance ministers say euro-area inflation outlook improving

European finance ministers said they are optimistic about the inflation outlook for the 13-nation euro region, suggesting they see limited...

Interview

EU to give Poland august 27 deadline on deficit moves

European Union finance ministers will give Poland a deadline of August 27 to adopt more strenuous measures to narrow the...

Interview

EU ministers to warn Italy to reduce spending to curb deficit

European Union finance ministers will warn Italy to reduce spending to prevent the budget deficit from breaking EU rules in...

Interview

Wages pose no „imminent” inflation risk

Rising labor costs pose no „imminent danger” to inflation in the 13 euro nations, according to an internal European Commission...

Interview

Gulf states must open markets, EU’s Mandelson says

Six Persian Gulf states negotiating a free trade agreement with the European Union must open their markets further to EU...

HR

Almost half of London finance workers weigh job moves

Almost half of the workers in London's financial services industry are planning to change jobs even after getting the yearly...

Interview

Czech adoption of euro in 2012 is „realistic”

The Czech Republic may adopt the euro in 2012, the Finance Ministry said, the first official indication of the adoption...

Interview

Australia’s Uran proposes to buy stake in Czech uranium mine

Uran Ltd., an Australian uranium explorer, submitted a proposal to Czech state-owned mining company Diamo SP for the purchase of...

Interview

China’s investment rules, piracy cost EU business $28 bln

Chinese limits on foreign investment and local technical standards that complicated banking and manufacturing cost European companies €21.4 billion ($28...

Interview

Central banks face rising pressure from politicians

When politicians tried to pressure former ECB President Wim Duisenberg, he used to say: „I hear, but I do not...

Appointments

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...

Appointments

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,...

Appointments

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...

Appointments

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....

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....

Interview

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...

HR

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...

Appointments

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...

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...

HR

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,...

Appointments

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...