People

Appointments

Balázs Karsai to be Managing Partner at Nagy & Trócsányi

Nagy & Trócsányi has told the Budapest Business Journal that Balázs Karsai will take over as managing partner of the...

Interview

Számlázz.hu Lets the Machine Free the Human

As the fintech industry evolves rapidly, the 18-year-old Számlázz.hu (the name translates as Invoice.hu) has established itself as a significant...

HR

Number of Registered Jobseekers Down 3% in November

The number of registered jobseekers in Hungary reached 226,129 in November, down 3% from the same month a year earlier,...

Interview

UniCredit Predictions on Growth, Inflation and EUR/HUF

The Budapest Business Journal sat down with Dan Bucsa, chief CEE economist of UniCredit Group, the Hungarian bank’s chief economist,...

Interview

Thermo Fisher Looking to Expand GBSC Despite Hiring Challenges

To enable customers to make the world healthier, cleaner and safer is the mission of Thermo Fisher Scientific, which opened...

HR

Number of Foreign Workers Nears 100,000

The number of foreign workers working in Hungary may soon reach 100,000, reports portfolio.hu, based on data from the Central...

HR

Unemployment Rate at 4.1% in October

The unemployment rate in Hungary stood at 4.1% in October 2023, up from 3.9% in September, according to data by...

Interview

Celebrating 25 Years of Success in Moving and Relocation

The Budapest Business Journal talks with Adrienne Deák, managing director of EuroMove & Relocation, about the company’s journey and the...

Interview

Promoting a Better Future for All by Being Penny-wise

Having previously served as chief operating officer of the Penny network in the Czech Republic, Mathias Mentrop took over as...

Appointments

New Country Managing Partner at EY Hungary  

Tamás Vékási has been appointed as country managing partner (CMP) of EY Hungary, the Big Four company tells the Budapest...

Interview

We Can Do Much to Prevent It – November is Prostate Cancer Prevention Month

Prostate cancer development is influenced by several factors. There are factors - such as age, genetics, and ethnicity - that...

Interview

Bridgestone’s Topolcsik: a Female Leader in a Male-dominated Industry

Bridgestone Tatabánya is the Hungarian pride of the famous Japanese tire company. Its 1,300 employees already use modern technology and...

Interview

Zhejiang Shuanghuan Driveline Setting up HUF 39 bln Plant

Chinese automotive industry company Zhejiang Shuanghuan Driveline will set up a HUF 39 billion electric vehicle parts plant in Jászfényszaru...

Interview

Yettel Promises SME Internet Problems Solved From 1 Box

Buy the product, put it in the corner, and you’ll get secure high-speed internet anywhere in the country. The Budapest...

HR

Latvia Unemployment Rate Climbs in Q3

The unemployment rate in Latvia edged up to 6.5% in the third quarter from 6.4% in the second quarter, data...

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...