People

Interview

Cloud Tech Takes Center Stage: BT’s Vision for Innovation and Growth

BT, a global leader in telecommunications and digital services, has reaffirmed its commitment to Hungary by opening its new office...

HR

Poland Jobless Rate Falls Slightly in May

Poland's unemployment rate dropped for the third straight month in May, though marginally, figures from the Warsaw-based Central Statistical Office...

Appointments

WTS Klient, Finacont to Merge

The owners of two leading entities on the Hungarian accounting and tax advisory market, WTS Klient Business Advisory Ltd. and...

HR

SME Employment Stable

Employment is stable in the small and medium-sized business sector, and seven out 10 companies are preparing for a wage...

HR

Unemployment Rate at 3.8% in May

The unemployment rate in Hungary stood at 3.8% in May 2023, according to data published by the Central Statistical Office...

HR

Poland Employment Growth Steady in May

Corporate employment growth in Poland was unchanged at 0.4% year-on-year to 6.518 million people in May, the Central Statistical Office...

HR

Croatia Jobless Rate Hits Record Low in May

Croatia's registered unemployment rate fell to 5.6% in May from 6.1% in April, the Zagreb-based Croatian Bureau of Statistics (Crostat)...

HR

Slovakia Unemployment Returns to Pre-crisis Levels in April

Slovakia's unemployment rate fell to 5.1% in May from 5.3% in April, returning to pre-crisis levels, economics portal Trading Economics...

HR

Recruitment Agencies Booked Successful 2022

Recruitment agencies had a successful year in 2022, according to hrportal.hu based on information company Opten's data....

HR

Albanian Unemployment Rate Falls in Q1

Albania's jobless rate dropped to 10.9% in the first quarter of 2023, down by 0.5 percentage points compared with the...

Interview

The U.K. may Have Left the EU, but English Law Still has a Significant Role to Play Here

The Budapest Business Journal sat down with Anikó Kircsi, partner and head of corporate/M&A at CMS Budapest, and Eszter Török,...

Interview

ESG, Sanctions Keeping Budapest Law Firms Busy

Following a long-standing tradition, we asked a number of leading law firms to give us their take on the legal...

Inside View

Hungarian Implementation of the EU Whistleblowing Directive

On 23 May 2023, the Hungarian Parliament adopted its long-awaited Whistleblower Protection Act to implement the EU Whistleblowing Directive (EU...

Inside View

Data Security Concerns of Smart Grids

Smart grids are rapidly becoming the backbone of modern electricity networks. The integration of digital communication and control technologies enables...

Inside View

Winds of Change: Possible Turning Point for Hungary’s Wind Energy Sector

No new wind farms have been built in Hungary for almost a decade. However, the need for wind energy is...

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...