People

Interview

Hungarian-Mexican Business Forum Council meets in Mexico City

Interview

Hungarian-Mexican Business Forum Council meets in Mexico City

Hungaryʼs state secretary for economic diplomacy Levente Magyar co-chaired a meeting of the Hungarian-Mexican Business Forum Council in Mexico City...

Interview

Szijjártó considers lengthening envoy postings

Minister of Foreign Affairs and Trade Péter Szijjártó is considering extending the duration of ambassadorial postings beyond the current term...

HR

To be or not to be (an executive)?

The following article was written by Kinga Hetényi, Managing partner at Schoenherr Hetényi Attorneys at Law....

Interview

Govʼt to make finance, economics obligatory subjects

The Hungarian government anticipates making basic financial and economics studies obligatory subjects for all secondary school students as of 2016,...

Interview

Analysts expect further easing at MNB policy meeting

Analysts expect the National Bank of Hungaryʼs Monetary Council to reduce the central bankʼs key rate by 20 bp to...

Interview

Official: MNB could lower rates at March 24 meeting

The National Bank of Hungaryʼs (MNB) Monetary Council could lower rates at a policy meeting on March 24, the central...

Interview

Vote on 2016 budget bill moved to earlier date

The Hungarian government is scheduled to submit next year’s budget to Parliament by the end of April and the bill...

Interview

Report: Russia considers softening food import ban

Russian Agriculture Minister Nikolai Fyodorov said his ministry was considering softening its ban on food imports from a number of...

Interview

Rate-setters again acknowledge looser policy risks, but wait for inflation report

At a policy meeting on February 24, the National Bank of Hungary's rate-setting Monetary Council again acknowledged that risks pointing...

Interview

Hungary, Luxembourg sign agreement to circumvent double taxation

Hungary and Luxembourg have signed an agreement on Tuesday to avoid double taxation, the economy ministry announced. The agreement, which...

Interview

Monetary Council holds non-rate-setting meeting

The Hungarian central bank’s Monetary Council today held a non-rate-setting meeting in order to discuss economic and financial trends, Hungarian...

Interview

Russia could soften food embargo for Hungary and Greece

Russia is reportedly seeking to explore ways of softening the embargo against food from Hungary and Greece, to be consistent...

Interview

MNB keeps rates on hold, as expected

The National Bank of Hungary's (MNB) rate-setting Monetary Council decided to keep the central bank's key rate unchanged at 2.10%...

Interview

MNB rate-setters acknowledge risks pointing in direction of looser policy

At a policy meeting on January 27, The National Bank of Hungary's (MNB) rate-setting Monetary Council acknowledged increased risks pointing...

Appointments

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...

Appointments

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,...

Appointments

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...

Appointments

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....

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....

Interview

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...

HR

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...

Appointments

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...

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...

HR

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,...

Appointments

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...