People

Interview

Hungary to ask CIA about report of terror threat to Budapest

The Hungarian government will request information from the United States about a CIA warning of a potential terrorist threat to...

Interview

Official: Government to scrap central education authority

The central authority that has been administering Hungarian schools since 2013 will be terminated and the education system will be...

Interview

Hungary’s central bank unexpectedly cuts base rate to 1.2%

The Monetary Policy Council of the National Bank of Hungary (MNB) surprised analysts today by announcing that it would cut...

Interview

Nagy: MNB will cut base rate, adjust overnight rates this year

National Bank of Hungary (MNB) is likely to cut its base lending rate below the current 1.35% this year and...

Interview

Rate-setters could ease monetary conditions further in light of Inflation Report

The National Bank of Hungaryʼs (MNB) rate-setters could ease monetary conditions further, depending on inflation developments outlined in a report...

Interview

Orbán travels to Azerbaijan this weekend

Hungary’s Prime Minister Viktor Orbán is traveling to Baku, Azerbaijan over the weekend to pay an official visit and meet...

Interview

Hungarian president’s sister appointed new head of schools

The Ministry of Human Capacities announced last night that Mrs. Gábor Pölöskei, the sister of Hungary’s President János Áder, will...

Interview

KLIK chief: Schools agency is broke

The head of Klebelsberg Institution Maintenance Center (KLIK), the state organization that runs schools in the country, admitted that the...

Interview

Reutersʼ poll: MNB to keep key rates on hold until next year

The National Bank of Hungary (MNB) is expected to keep its key rate on hold until next year, according to...

Interview

Foundation withdraws plan to erect statue of anti-Semite

The Bálint Hóman Foundation, set up to honor the Hungarian minister active in the 1930s and ’40s has withdrawn its plans...

Interview

First public education roundtable meets, PSZ stays away

The first roundtable meeting on Hungary’s public education convened today with the Ministry of Human Capacities, the Democratic Union of...

Interview

Hungarian exhibitors show at Russian farm expo

Thirteen Hungarian exhibitors are showing at the Hungarian stand at Russiaʼs PRODEXPO 2016 in Moscow, Hungary’s Ministry of Agriculture said...

Interview

State to take over public transport on outskirts of Budapest

The state will take over the management of public transport in the agglomeration area of Budapest from the municipal council of...

Interview

Varga orders investigation of NAV following OLAF report

National Economy Minister Mihály Varga ordered an investigation of the National Tax and Customs Authority (NAV) as to why it...

Interview

Bomb threat empties British International School

Hungary’s British International School in Óbuda received a bomb threat yesterday, the second in almost a month, and students were...

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...