People

Interview

Hungary nominates András Simor as new Central Bank President – extended

Hungary nominated András Simor, the head of Deloitte & Touche LLP local office, to head the country's central bank from...

Interview

US mulls WTO move on China piracy

The US is considering whether to open a counterfeiting dispute with China at the WTO over concerns about intellectual piracy....

Interview

Germany says EU to dilute plans for breakup of energy companies – extended

European governments will probably stop short of forcing the breakup of energy companies to bolster competition in the electricity and...

Interview

EU prepared to study alternative plans for energy utilities

European Union regulators are prepared to study alternatives to their proposal to break up power utilities, the EU's energy commissioner...

Interview

ECB’s Trichet says carry trade poses financial risk

European Central Bank President Jean-Claude Trichet said so-called carry trades pose a risk to financial stability, stepping up his warning...

Interview

EU’s Fischer Boel presses US Congress on subsidies

The US Congress must roll back the 2002 increase in farm subsidies this year if it is serious about getting...

Interview

Mobile-phone operators may escape fines under EU roaming law

Mobile-phone operators such as Vodafone Group Plc may be able to ignore a proposed European Union law setting price caps...

Interview

Gönczöl committee to release riot report

An independent investigative committee set up to probe into the Budapest riots last September and October is due to officially...

Interview

Polish zloty advances as central bank predicts euro adoption

The Polish zloty rose by the most in two weeks against the euro after central bank head Slawomir Skrzypek said...

Interview

Czech Finance chief wants to set euro adoption target in March

Czech Finance Minister Miroslav Kalousek said he wants a new date to be set for euro adoption so the country...

Interview

Polish central bank keeps rates unchanged 11th month

Poland's central bank left the benchmark interest rate at a record-low 4% for an 11th month as consumer-price growth remains...

Interview

EU finance chiefs say economy is beating expectations

European Union finance chiefs said the economy of the €13 nations is beating expectations as the new year begins....

Interview

Russia investors shouldn’t wait for Putin exit

Russia offers foreign investors a quicker return on their money than China and that won't change when President Vladimir Putin...

Interview

Italy’s pension costs may remain high until 2050

Italy's attempts to cut pension spending, among the highest in the European Union, are failing with costs projected to remain...

Interview

Trade ministers agree to restart talks on global deal

Global trade ministers said they'll restart talks on a free-trade agreement, breathing life into the process without specifying how they'd...

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...