People

HR

Craftsmen Earnings up Significantly Since 2020

The earnings of craftsmen have increased significantly since 2020, according to the business daily Világgazdaság....

HR

Czech Jobless Rate Rises in December

The Czech unemployment rate increased to 3.7% in December, matching market expectations, and compared to 3.5% in the previous month,...

HR

SAP Introducing New Hybrid Work Schedule in Hungary

To strengthen the corporate culture and to encourage personal contact with customers and employees, SAP Hungary Kft. has announced the...

HR

Romania Jobless Rate Unchanged in November

Romania's unemployment rate stood at 5.4% in November, the same rate recorded a month earlier, the Bucharest-based National Institute of...

HR

Number of Registered Jobseekers Down 2%

The number of registered jobseekers in Hungary reached 224,961 in December, down 2% from the same month a year earlier,...

HR

Man Charged for Fraudulent Job Advertisements

The prosecutor's office brought charges against a man who misled hundreds of people and caused HUF 4.5 million in damage...

Appointments

Szecskay Attorneys at Law Appoints Baldwin as Partner

Szecskay Attorneys at Law has announced that Sam MacMahon Baldwin has been promoted to the firm’s partnership effective January 1....

HR

Unemployment Rate at 4.2% in November

The unemployment rate in Hungary stood at 4.2% in November, up 0.1% compared to October, according to data published by...

HR

Regional Wage Differential Remains High

Hungary's regional wage differential remained "significant" in the third quarter, the Central Statistical Office (KSH) said in a review of...

HR

Potential Labor Reserve Close to 300,000

Hungary's potential labor reserve, including the unemployed, the underemployed, and the economically inactive who intend to look for work but...

Appointments

Partner Promotion at Oppenheim

Oppenheim has announced that Dávid Hanis has been promoted to partner at the firm, effective January 1, 2024....

HR

McDonald’s Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m....

Inside View

Investment 2023 Chapter Closes, and 2024 Opens, but What Changes?

Another year, another crisis. What’s new? COVID may have almost disappeared, but the war in Ukraine drags on with no...

Interview

Will Tax on Fringe Benefits for Corporate Health Culture Be Reduced?

The Budapest Business Journal talks with Zsuzsa Mihalik, founder-owner of All You Can Move SportPass and founder of the BeneFit...

HR

Czech Jobless Rate Stable in November 

The Czech Republic's unemployment rate held steady in November, figures from the country's Labor Office showed Friday....

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...