People

Interview

Chief photo editor leaves Origo, accusing it of ‘manipulation’

János Ostyáni has handed in his resignation from the position of chief photo editor at origo.hu, the Hungarian online news...

Interview

Ad-hoc demo sparked by Áder’s signing ‘lex CEU’

An ad-hoc demonstration was sparked late Monday night in the wake of the signing by Hungary’s President János Áder of...

Interview

MVM workersʼ union plans demo, possible strike

With two months of unsuccessful negotiations on wages having passed, the workersʼ union of the Hungarian electricity works MVM is...

Interview

Hungary wants lower VAT on internet services

Hungary can only support a proposal to amend a European Union directive to allow reduced VAT rates for electronic publications...

Interview

Hungarian documents to expire on holderʼs birthday

Newly issued identification documents of Hungarian citizens will expire on the birthday of the holders, in order to help them...

Interview

London analysts upgrade Hungary growth forecast on VAT cuts, EU funds, base effects

London-based emerging markets analysts at BofA Merrill Lynch have substantially upgraded their growth forecasts for Hungary’s economy, citing support from...

HR

Number of NPOs falls slightly in 2015

A total of 62,200 non-profit organisations were operating in Hungary in 2015, around 1,700 less than in 2014, data compiled...

Interview

MNB ‘happy to continue to loosen policy’, says Nomura

With a rate-setting meeting of the Monetary Council of the National Bank of Hungary (MNB) ahead on Tuesday, also set...

Interview

Class FM goes off air, heads online

Class FM, Hungary’s most popular commercial radio channel, lost its analog signal on Saturday, and has gone silent, or more...

Interview

Hungary to revamp two banknotes

The National Bank of Hungary (MNB) will revamp its HUF 2,000 and HUF 5,000 banknotes, a continuation of a policy...

Interview

Memorandum on setting up British-Hungarian Business Council signed in London

A memorandum on the establishment of the British-Hungarian Business Council was signed at the Hungarian embassy in London yesterday, Hungarian...

Interview

Varga to set up competitiveness council

Economy minister Mihály Varga is expected to establish a National Competitiveness Council by the end of this month, according to...

Interview

MNB maintains ʼwatchful approachʼ to monetary policy

The Monetary Council of the National Bank of Hungary (MNB) has repeated its message that the base rate is expected...

HR

Study says Hungarian business still discriminates against women

Hungarian employees, including women, perceive a preference for male leaders in business life, while the wages of female staff still...

HR

Dutcham to host leadership seminar

The Netherlands-Hungarian Chamber of Commerce (Dutcham) is organizing a leadership seminar on September 22, discussing recent trends in managing stress...

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...