People

Interview

From Chatbots to Virtual Bankers: How AI Is Reshaping Hungarian Finance

Did you know you can now apply for a mortgage in Hungary without ever speaking to a real person? That’s...

HR

Tesco Surpasses Lidl in Headcount Amid Seasonal Hiring Boost

Tesco added over 700 employees from May to June, reclaiming its lead over Lidl in staff numbers, according to a...

HR

Gov’t Allocates Extra HUF 100 bln for Job Placement Scheme for Over-30s

The gov't is allocating HUF 100 billion of extra funds and increasing the size of a HUF 78.4 bln job...

HR

Hungarian Employees Awaiting Better Times to Change Jobs

In April, we reported on employers’ perceptions of economic changes and their impact on the job market. Some 55% were...

HR

Nearly 30,000 Students Participate in Summer Jobs Scheme

Nearly 30,000 students are participating in a summer jobs scheme subsidised by the state this year, the state secretary for...

HR

Hidden Crisis Driving Gen Z Out of the Workforce, Says WHC

The entry of Gen Z into the labor market is reshaping workplace expectations. For them, technological flexibility and freedom of...

Interview

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Anita Csörgő, director, head of retail at Colliers, gives the BBJ her overview of the retail real estate market in...

HR

Vocational Training Reform Introduces Microcertificates

Recent legislative changes will allow Hungary's vocational training system to adapt more swiftly to labor market demands through the introduction...

Appointments

MET Group Appoints Tom Van de Cruys as Sales & Trading Segment CEO

MET Group, a leading European energy company, has announced the appointment of Tom Van de Cruys as the CEO of...

HR

Hungary’s Employment Edges Down, Jobless Rate at 4.3% in June

Hungary had 4.68 million people employed in June, while the unemployment rate stood at 4.3%, according to the Central Statistical...

HR

Number of Job Postings Down in Every County in Q2

The number of jobs postings listed on its website were down in every county in the second quarter of the...

Appointments

Microsoft Hungary Appoints Gabriella Bábel as New Managing Director

Microsoft Hungary has announced that Gabriella Bábel will take over as managing director of Microsoft Hungary starting in September 2025,...

Appointments

Gergely Ujvári Appointed Chief Operating Officer at Work Force

Gergely Ujvári was appointed the new chief operating officer at Work Force, with the company looking to enhance day-to-day operational...

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...