People

Inside View

The Real Estate Executive’s ‘Best Friend’: How Lawyers can Serve the Property Industry

No one saw this coming. Neither the world pandemic nor the war in Ukraine and its global economic consequences were...

Interview

Rejuvenating the Crème de la Crème of Hungarian Cosmetics

In 2004, a consortium of entrepreneurs took over Helia-D, a renowned Magyar cosmetics brand in the 1980s but then on...

HR

Magyar Telekom most popular employer among career starters

This year Magyar Telekom Nyrt. won the competition for the most popular employers in the eyes of career starters, according...

HR

Unemployment rate at 3.3% in June

The unemployment rate in Hungary stood at 3.3% in June 2022, according to data published by the Central Statistical Office...

Appointments

New communications head at Property Market

Balázs Both took over as head of communications at one of Hungary's largest property development companies, Property Market, in May...

HR

Collaboration key to running productive workspaces

One of the main advantages of working in an office is the opportunity to be around colleagues. Social interaction in...

Appointments

AutoWallis appoints ESG director, consultant

Preparing the company for the obtainment of an ESG certification, AutoWallis Group has appointed Gábor Székely as its new ESG...

Appointments

New head of audit services at EY Hungary

Zsolt Kónya became EY Hungary's new head of audit services on July 1, the company told the Budapest Business Journal....

Podcasts

MNB and BIB exec director Gergely Fábián discusses leadership, creativity, fintech, and his career path

Executive director at the Hungarian National Bank and of the Budapest Institute of Banking Gergely Fábián, “A guy who gets...

HR

Avg hourly rate for blue-collar workers climbs 11.5% in Q2

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 11.5% to HUF 1,553 in...

HR

Developing higher value-added services by human values

Hédi Major, the HR director at the Hungarian business of the Stuttgart-based automotive and manufacturing service provider Leadec, talks with...

HR

Students more likely to take winter jobs

Due to the rising cost of living and high inflation, more students will probably take on casual jobs in the...

Interview

AmCham: COVID, War Highlight Need for More Open, Transparent, and Closer Cooperation

AmCham President Zoltán Szabó talks with the Budapest Business Journal about the chamber’s latest Cooperation for a More Competitive and...

Inside View

Termination of tax treaty damaging competitiveness, U.S.-HUN relations

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

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...