People

Interview

After 7 Years’ Service, Dutcham Elects new Chair

On February 16, Katinka Zinnemers (managing director at Abacus Medicine A/S) became the new chair of the Netherlands-Hungarian Chamber of...

HR

Magyar Posta to Lay Off 1,200 People

State-owned Hungarian postal company Magyar Posta on Tuesday announced a decision to lay off 1,200 people, according to a report...

HR

Magyar Bankholding Analyst Expects Temporary Rise in Unemployment

András Horváth, senior analyst at Magyar Bankholding, expects unemployment to rise to around 4.5% in the first half of the...

HR

Poland Jobless Rate Increases in January

Poland's unemployment rate increased to 5.5% in January from 5.2% in the previous month, the Warsaw-based Central Statistical Office (GUS)...

HR

Half of Workers Expect Pay Raise This Year

Some 63% of employees received a wage increase or some kind of extra benefit due to their increased expenses last...

Inside View

Legal Aspects of ESG Performance and Gender Diversity in Management of Firms

Recently, gender equality has played a more critical role in improving social development and expanding economic benefits. Certain studies show...

Interview

Building a Framework for Sustainability and ESG

While the Big Four consultancies and larger accountancy firms deal with the specialties of sustainability reporting, Budapest-based PR and communications...

HR

Unemployment Rate at 3.9% in January

The unemployment rate in Hungary stood at 3.9% in January 2023, according to data published by the Central Statistical Office...

HR

Poland Employment Rises in January

Corporate employment in Poland rose 1.1% year-on-year to 6.530 million people in January 2023, the least since December 2021, data...

HR

34% of Companies Plan on Raising Headcount This Year

Around 34% of mid-sized and big companies in Hungary plan to raise headcount this year, according to an annual survey...

HR

Penny Market to Raise Wages by 17%

German-owned discount supermarket chain Penny Market will raise wages by 17% on average from April 1, the company said on...

HR

MÁV Raises Railway Worker Wages

The MÁV-Volán Group and representatives of its employees agreed on the level of wage development for 2023 on Friday at...

HR

Bulgaria’s Unemployment Rate Flattish in January

Bulgaria's registered unemployment rate edged up to 4.8% in January from 4.7% in December, the Employment Agency said on Thursday,...

Interview

Will Inflation Devour Wealth?

Last year saw a serious downturn for most investment vehicles, and experts are still on the lookout for a turnaround...

HR

Estonian Jobless Rate Rises in Q4

Estonia's unemployment rate increased to 5.4% in the fourth quarter of 2022 from 5.2% in the corresponding period last year,...

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...