People

Interview

EU may import sugar at world prices for chemicals, biofuels

The European Union's farm chief will press the bloc's governments tomorrow to approve extra sugar imports, arguing that producers of...

Interview

Russian food-import ban „intolerable,” Mandelson says

The European Union „cannot tolerate” a Russian ban on food imports from the bloc and wants to avoid escalating the...

Interview

Romania’s government approves terms of CEC Bank sale

Romania's government approved the contract terms for the sale of Casa de Economii si Consemnatiuni SA and invited the two...

Interview

Gov’t proposes labor restrictions for Romania, Bulgaria

Hungary's government proposed on Tuesday to only partially open up its labor market to job-seekers from Romania and Bulgaria....

Interview

PM announces list of ministers to receive bonuses

Prime Minister Ferenc Gyurcsány decided on Monday that several of his government's officials would be awarded for their efforts in...

Interview

Hungary must do more to meet EU rules on euro, budget, ECB says

Hungary, which has announced plans to slash spending and narrow its budget deficit, must do even more to meet European...

Interview

Hungary will introduce state physician visit fee from February 15

Hungary has delayed the introduction of a fee for state doctor visits to February 15 from January 1 because it...

Interview

Fidesz MEPs reject PM’s invitation for consultation

Prime Minister Ferenc Gyurcsány invited on Wednesday Hungary's members of the European Parliament for a meeting to discuss cooperation between...

Interview

Czech Republic blocks EU alcohol tax boost in defense of beer

The Czech Republic blocked a EU proposal to boost taxes on beer and liquor, refusing any increase while wine remains...

Interview

Czech, Hungarian GDP growth to slow on budget woes

Hungarian and Czech economic growth will slow next year as governments slash deficits, while other eastern European Union nations enjoy...

Interview

EU finance ministers clash over threat of stronger euro

European finance ministers clashed over the threat posed to the region's economy by the stronger euro, with France's Thierry Breton...

Interview

Romania’s Premier demands resignation of Agriculture Minister

Romanian Prime Minister Calin Tariceanu demanded Agriculture Minister Gheorghe Flutur's resignation after the minister joined critics of the premier from...

Interview

EU extends energy crop subsidies to new members

EU farming ministers decided at a meeting in Brussels on Monday to allow new member states access to special subsidies...

Interview

Budget drafts to show primary surplus from 2008, PM says

Prime Minister Ferenc Gyurcsány announced on Friday government plans for a proposal stating that no budget drafts could be submitted...

Interview

Europe’s trade gap with China widens to record

Europe's trade deficit with China widened to a record in the eight months through August as the Asian economy is...

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...