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Appointments

Lúcia Detvay Appointed Partner at Nagy és Trócsányi

Lúcia Detvay has been appointed partner at independent law firm Nagy és Trócsányi, effective July 1, 2026. Detvay joined Nagy...

HR

Hungary Employment at 4.654 mln in May, Jobless Rate 4.3%

The average number of employed people aged 15-74 in Hungary stood at 4.654 million in May, while the unemployment rate...

HR

Student Workers in Hungary Can Expect Average Hourly Wage of HUF 2,180

Students in Hungary can expect an average gross hourly wage of nearly HUF 2,200 this year, while companies are recruiting...

Inside View

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Hungary has rewritten its electricity story in under a decade, and the numbers reward a careful reading. Solar, negligible in...

Inside View

Europe’s new Insolvency Rulebook: What it Means for Hungary

One of the long-standing shortcomings of EU economic integration has been the fragmentation of substantive insolvency law. With the adoption...

HR

Hungary Manufacturing Faces Skilled Labor Shortage as Investments Rise

Hungary’s manufacturing sector has reached a critical point as companies face a growing shortage of workers with the right skills,...

HR

IWG Focuses on Expansion Across Hungary to Meet Demand for Flexible, Hybrid Working

As companies of all sizes increasingly shift toward capital-light operating models, prioritizing flexibility and opting to rent rather than own...

Podcasts

CEO Boardroom Meeting Marks 5 Years With Economic Outlook Discussion

Around 40 high-level guests from Budapest’s business and diplomatic circles started their day on Tuesday, June 2, at the CEO...

HR

Gov’t Shuts Down Guest‑worker Permit System

The government has terminated the existing guest‑worker residence‑permit system with immediate effect, closing the channel through which labor‑leasing companies previously...

HR

Fewer Hungarians Open to Working Abroad Than Last Year, Profession.hu Says

Fewer Hungarians would be open to working abroad than a year ago, although the idea remains attractive to many employees,...

Interview

Dealing With Tick Bites

As tick populations rise across the country, concerns regarding Lyme disease increase every year. However, it is important to remember...

HR

Bosch Uses Girls’ Day to Make the Case for More Women in STEM and Future Mobility

Bosch used this year’s Girls’ Day in Budapest not simply as a recruitment or CSR exercise, but as a way...

HR

WHC Urges Talks Over Planned Guest Worker Restrictions

Hungary’s planned ban on the mass recruitment of third-country guest workers from June 1 could put the economy, jobs and...

HR

Health Minister: Patient Safety Begins With Enough Skilled Staff at Bedside

Patient safety begins with having enough properly trained and respected skilled staff at the bedside, Zsolt Hegedűs, the health minister,...

Inside View

Cyber Resilience Act: Companies Face First 2026 deadline

The EU Cyber Resilience Act (CRA) is set to shift cybersecurity from an IT concern to a product-compliance obligation. It...

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...