People

Appointments

Richárd Révész Appointed Marketing Manager of Danone Hungary

Richárd Révész took up the position of marketing director at Danone Hungary in January, the company tells the Budapest Business...

HR

MediaMarkt Implementing HUF 2 bln Wage Raise in Stages

To retain its employees, MediaMarkt responded to the economic situation that has developed since the coronavirus pandemic with the most...

Interview

ESG a Must-have for big Players, With a Range of Benefits for SMEs

ESG considerations and sustainability are gaining increasing traction in the business world, both internationally and in Hungary. What makes ESG...

Interview

Magyar Bankholding Aims to Build Hungary’s Market Leader in Sustainable Finance

András Puskás, the chief advisor to the president of Magyar Bankholding, talks to the Budapest Business Journal about the leading...

HR

Magyar Posta to Pay Staff One-off HUF 50,000

State-owned postal company Magyar Posta will make a one-off payment of gross HUF 50,000 to all of its employees on...

HR

Czech Jobless Rate at 21-Month High in January

The Czech unemployment rate increased to 3.9% in January, from 3.7% in December, data released by the Czech Labor Office...

Interview

When Science Meets Finance: denkstatt Hungary Paving the Way in Sustainability

Sustainability is rising to prominence in the business world, becoming an ever more essential set of strategies that companies who...

Appointments

MET Group Appoints New CEO of MET Energía España in Spain

MET Group, an energy company based in Switzerland with Hungarian roots, ​​​​​​​has announced the appointment of Ángel Crespo as the...

HR

Wage Rises for Healthcare Workers to Continue, Gov’t Says

The government will continue to raise the wages of healthcare workers, State Secretary for Health Péter Takács announced on Friday,...

Appointments

New CEO at the Helm of Kifli.hu

Gabriel Makki is set to take over as CEO of Kifli.hu, replacing Péter Klekner, the company tells the Budapest Business...

Interview

Making a Lonely Case for Hungary’s Natural Strengths

An American expat businessman says Hungary is missing out on a golden opportunity to develop an industry of the future...

Interview

Record Investments Booked for 2022, With Chance to Beat it in 2023

Six months into his tenure as CEO of the Hungarian Investment Promotion Agency, the Budapest Business Journal had its first...

HR

1/5 of Young People Have No Income

A fifth of young people have no income, another 20% receive HUF 100,000-190,000, and 11% reported having more than HUF...

HR

Number of Jobseekers Under Quarter of a Million

The number of registered jobseekers in Hungary reached 243,578 in January, up by 13,233 from the previous month, data released...

Interview

Building From a Position of Strength to Drive EV Sales

Since June 2022, Andrea Kővágó-Laky has been managing director of Ford in Hungary and the Czech Republic. The Budapest Business...

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...