People

Interview

Report: Mandate of state secretary for tax affairs terminated

The mandate of state secretary for tax and financial affairs Gábor Orbán was terminated as of July 31, under a...

Interview

Rate-setting meeting minutes confirm end to easing cycle

Minutes of the last policy meeting of the National Bank of Hungaryʼs (MNB) Monetary Council confirm rate-setters decided to wind...

Interview

Hungary’s central bank cancels non-rate-setting meeting

The National Bank of Hungaryʼs (MNB) Monetary Council cancelled its non-rate-setting meeting originally scheduled for today, the central bank announced...

HR

MNBʼs payroll increases

The average salaries of National Bank of Hungary employees have grown by 50% in the last five years, MNB Governor...

Interview

Some 19,000 migrants could be sent back to Hungary

The Hungarian government expects over 19,000 migrants to be returned to Hungary from Germany, Austria, France, Sweden, and Czech Republic...

Interview

Márton Nagy nominated for MNB deputy governor post

Prime Minister Viktor Orbán yesterday nominated Márton Nagy for the post of deputy governor of the National Bank of Hungary...

Interview

Report: EP accepts policy against tax offenses

The European Parliament voted in favor of implementing a more effective policy against money laundering, tax offenses and the financing...

Interview

Varga envisions changes in management at NAV

Hungary’s National Economy Minister Mihály Varga said that the scandals involving top officials’ banned entry to the United States last...

Interview

PM: Hungarians don’t realize how good the situation is

Hungarian citizens might not feel it, but it is unprecedented how predictable and reliable the situation is in Hungary, that...

HR

Report: Employee commitment increases in Hungary

In Hungary, six out of ten people recommend jobs to friends, placing Hungary higher than the European average, according to...

Interview

PM: Construction sector, taxation system to be reorganized

In a half year’s time, radical changes would be made to the regulations of the construction sector and the taxation...

Interview

PM expects reorganization among state secretaries

The dismissal of ministers is “not timely”, however, there will be changes in the cabinet among state secretaries after the...

Interview

V4 farm ministers oppose unfair business practices of supermarket chains

Agricultural ministers of the Visegrad Four countries – Hungary, Czech Republic, Poland and Slovakia – along with their counterparts from...

Interview

Government submits budget draft to Fiscal Council

The Fiscal Council received the governmentʼs 2016 budget draft, Árpád Kovács, the bodyʼs chairman confirmed with Hungarian news agency MTI...

Interview

PM: Death penalty should be kept on agenda

A life sentence is not deterrent enough, as such, the death penalty needs to be kept on the agenda, Hungary’s...

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...