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Highest Tax Burden on Min Wage Earners in Hungary

According to the annual report of the International Labor Organization (ILO), Hungary has the highest tax burden on minimum wage...

Interview

Growth, Creative Benchmarking, and the Cost of Sustainability

French-based industrial group Legrand is celebrating 30 years on the Hungarian market. László Károlyi, who became CEO in 2004, has...

HR

91% of Companies Raised Wages This Year

The majority of Hungarian companies have tried to mitigate the effects of rising inflation, according to profitline.hu....

HR

HUF 57 bln in Support Available for Hiring Disabled People

Accredited companies may apply for a little over HUF 57 bln in support to hire people living with disabilities by...

Appointments

Róbert Ésik Joins EY as Partner

Róbert Ésik, the former CEO of the Hungarian Investment Promotion Agency (HIPA) joined EY on September 1, the Big Four...

HR

Over 17,000 Hungarian Students at Foreign Universities

The number of Hungarian students studying at foreign universities has risen from 13,888 in 2016/2017 to 17,052 in the 2021/2022...

Appointments

MOL COO Appointed INA Chairman

Péter Ratatics, the COO of Hungarian oil and gas company MOL's domestic business, has been appointed chairman of Croatian energy...

Interview

Ryanair’s O’Leary: Hungarians Suffer From ‘Idiotic’ Excessive-profits Tax

Michael O’Leary was at his clowning best for the first minute of his Budapest press conference on September 13, grimacing,...

Appointments

Taylor Wessing Hungary Welcomes Gábor Helembai as Counsel

Starting from September 2022, Gábor Helembai is joining the Budapest office of international law firm Taylor Wessing as counsel in...

Interview

Europe’s #1 Tech Recruitment Festival Comes to Budapest

The Budapest Business Journal talks with László Személyi, the CEO of Future-Now, and strategic production partner, Tech Jobs Fair Budapest...

Podcasts

Blue Chip Art and Passion Assets – Claudia Worthington Hess Discusses Art as an Investment, Emotion in Art Acquisition, and the Phrase ‘It’s Easier to Buy Art Than to Sell It’

Claudia Worthington Hess, principal at Hess Art Advisory, discusses art as an investment, emotion in art acquisition and the key...

HR

Nearly Half of Disabled in Hungary Employed

Every second disabled person in Hungary has a job, while 10 years ago only 18% were working, said the State...

HR

Consultations Start on New Wage Agreement

The VKF, a forum of employers, unions, and the government, has started consultations regarding next year's minimum wage and the...

HR

Unemployment Rate at 3.6% in August

In August 2022, the unemployment rate stood at 3.7% in Hungary, according to data released by the Central Statistical Office...

Interview

How Do We Combat the Uncertainty That Surrounds Us

The events of recent times have placed our society under a great deal of stress and psychological strain. The constant,...

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...