People

HR

Romania Jobless Rate Flattish in June

Romania's unemployment rate stood at 5.4% in June, down by 0.1 percentage points in May and 0.1 percentage points lower...

HR

Number of Warehousing, Logistics Temps up 10%

The number of temporary workers in the field of warehousing and logistics increased by 10% compared to the end of...

Appointments

New Managing Director at FrieslandCampina Hungary

Ferenc Szecskó took over as managing director at FrieslandCampina Hungary today, the company told the Budapest Business Journal....

Interview

MBH Bank Going Ahead With Ambitious Plans After Merger

The Budapest Business Journal talks with Péter Balogh, managing director of MBH Bank’s large corporate lending and special finance, about...

Inside View

Accommodating to Changes and the Benefits of AI

The property market in Central and Eastern Europe is again facing severe challenges in 2023. Development costs are high, bank...

Interview

Future Getting Greener in the Industrial Property Market

The industrial and logistics sector has undergone a remarkable transformation in recent years. Manufacturing and assembly companies have started stockpiling...

Interview

Budapest Affiliate Plays key Roles in ExxonMobil’s Energy Operations, Transition

Prominent on a purpose-built tall office block and in bright red letters, the name ExxonMobil greets thousands of travelers leaving...

Interview

AmCham: Building Relevance by Adding Value

The American Chamber of Commerce in Hungary has been the guardian of the U.S. business ethos in this country for...

HR

Fewer Workplace Accidents Last Year

Some 21,273 work accidents occurred in Hungary in 2022, of which 68 were fatal, writes hrportal.hu....

Appointments

Igor Prerovsky to Take Over as Yettel Hungary CEO

Igor Prerovsky is expected to step into his position as CEO of telecommunications at Yettel Hungary as of September of...

HR

Number of Police Recruits Falling

This year, only 470 young people applied to the two-year technical schools for police officers, although this number was over...

HR

Wages Raised More Often Than Anticipated in January

At the end of the first half of the year, Profession.hu conducted a survey of the companies' wage improvements in...

Appointments

Wolt Announces New Business Unit in Hungary

Wolt has announced the launch of its new business unit Wolt Drive in Hungary, appointing Péter Tausz as its head,...

HR

Bulgarian Unemployment Rate Flattish in June

Bulgaria's registered unemployment rate edged down to 5% in June from 5.1% in May, the National Employment Agency said on...

HR

Worker Optimism Stable

Despite persistently high inflation, compared to the same period of the previous year, the assessment of domestic employees regarding their...

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...