People

Interview

APEC may forge ties as WTO’s Doha trade talks stall

Twenty-one leaders from the Asia- Pacific Economic Cooperation forum may forge closer trade ties as the World Trade Organization struggles...

Interview

Hungarian forint gains to 8-month high as inflation accelerates

Hungary's forint advanced to the highest in eight months versus the euro as inflation, the fastest in the European Union,...

Interview

Poland blocks EU plan for mandate on energy talks with Russia

Poland blocked European Union plans to negotiate an energy agreement with Russia to protest a Russian ban on Polish meats...

Interview

China, EU to negotiate trade terms next year

China and the EU will meet early next year to address „gaps” in China's follow-through on some international trade commitments,...

Interview

Public sector workers protest planned wage rise

Public sector unions protested plans by the government to raise wages just 0.2% in 2007 in a letter to Prime...

Interview

Hungary may have smaller deficit than forecast

Hungary, which has missed its budget deficit target every year since 2001, may have a lower shortfall next year than...

Interview

EU’s Almunia says Hungary’s budget situation “somewhat grave”

EU Monetary Affairs Commissioner Joaquin Almunia said Hungary's budget situation is “somewhat grave” and the government's consolidation program “requires vigorous...

Interview

Poland expects fewer workers to go abroad as economy develops

Poland expects fewer workers to head abroad for work as the economy develops and eases concern over an exodus of...

Interview

EU to tighten tracing of payments in battle against terrorism

European Union governments gave anti-terrorism investigators greater powers to trace bank payments, seeking to dry up financing for terror groups....

Interview

Hungarian secret service files blame far-right groups for riot

Hungary opened secret service reports on the October 23 riots in Budapest and claimed far-right political groups incited some of...

Interview

Half of homeless in central London come from Eastern Europe

Half of the homeless people in central London come from Eastern Europe, according to a report, as the UK government...

Interview

Romania to revise budget to show narrower deficit

Romania's government will revise the budget for a fourth time this year to cut deficit figures because a surplus was...

Interview

Global slowdown may raise hopes for WTO

A global economic slowdown may improve chances for an international trade accord as governments seek to combat protectionism, said Pascal...

HR

SMEs to bear brunt of minimum wage rise

A rise in the minimum wage from the start of 2007 is expected to hurt SMEs, farming and food companies...

Interview

Axiál opens €1 mln farm machinery service center

Axiál Kft, which sells and services farm machinery, inaugurated a new €1 million service shop in Székesfehérvár on Thursday....

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...