People

Appointments

UPS Appoints Regional Director

UPS has appointed Daniela Constantinescu as the country director for its subsidiaries in Hungary, Greece, Romania, and Slovenia (HUGRROSI region)....

Interview

Cash-strapped Weekly Battles to Offer Independent Conservative Voice

Newspaper publishers in the serious “broadsheet” category would argue it’s never been an easy business, made progressively harder with the...

HR

Albanian Unemployment Rate Edges Down

Albania's jobless rate was 11.1% in the second quarter of 2022, down from 11.6% registered in the prior-year period, the...

HR

New Employees Need 6 Months to Adjust 

Every third employee needs more than six months before they can become comfortable in their new position, according to BonsaiX's...

HR

Employers Apply for HUF 3 bln in Job Placement Subs

Hungarian employers have applied for around HUF 3 billion in subsidies to support close to 3,500 hires since the launch...

Appointments

New Director of Sales at Matild Palace

Viktória Berényi took over as the new director of sales of Matild Palace in August 2022, the establishment told the...

HR

About 26% of Hungarian Companies Plan Layoffs

Around 26% of Hungarian companies plan layoffs in the last quarter of this year, news agency MTI reports, citing a...

HR

Teachers’ Unions Planning Ongoing Protests

The Democratic Union of Teachers (PDSZ) and the Union of Teachers (PSZ) are protesting against the government's threat to teachers...

HR

Czech Jobless Rate Unexpectedly Ticks up in August

The Czech unemployment rate edged up to 3.4% in August from 3.3% in the previous month, the country's Labor Office...

Interview

SAP: Birthdays, Growth and a Welcome Return

SAP Hungary managing director Szabolcs Pintér talks to the Budapest Business Journal about the long-awaited return of its annual conference,...

Appointments

Federico Giovine Named Gresham Palace Hotel Manager

Federico Giovine has been named the new hotel manager of Four Seasons Hotel Gresham Palace Budapest....

Podcasts

The Business of Art – Valuations and NFTs: Claudia Worthington Hess, Principal at Hess Art Advisory Discusses How to Value a Painting by Georgia O’Keeffe and the Impact of Tech-driven NFTs

Claudia Worthington Hess, Principal at Hess Art Advisory discusses how to value a painting by Georgia O’Keeffe and the impact...

HR

Number of Jobseekers Falls 10% y.o.y. in August

The number of registered jobseekers in Hungary reached 231,091 in August, 24,610 fewer than in the same month a year...

Appointments

PwC Hungary Appoints Tourism Advisory Team Head

PwC Hungary has announced the appointment of Bálint Rippert as the head of its tourism advisory team....

HR

Poland Jobless Rate Remains Stable in July

Poland's unemployment rate held steady in July, after falling in the previous three months, figures from the Warsaw-based Central Statistical...

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...