People

Interview

MNB’s Monetary Council holds non-rate-setting meeting

The Monetary Council of the National Bank of Hungary (MNB) held a non-rate-setting meeting yesterday, where rate-setters discussed economic and...

Interview

MNB base rate remains on hold

The National Bank of Hungary's (MNB) Monetary Council decided at a meeting held yesterday that it would keep the central...

Interview

State-owned utility company to be launched February 28

The Hungarian government has mandated that the First National Utilities Company (ENKSZ) launch its business with share capital of HUF...

Interview

Lázár, Simon submit bill to lower excise guarantee

Cabinet Chief János Lázár and state secretary Simon L. László yesterday submitted a bill that would reduce the excise tax...

Interview

Varga anticipates lower deficit than originally expected

According to the expectations of Economy Minister Mihály Varga, this year's budget deficit could be lower than previously expected, at...

Interview

Rate-setters voted unanimously to hold at November meeting

The National Bank of Hungary's rate-setting Monetary Council voted unanimously to keep the central bank's key rate unchanged at 2.10%...

Interview

Hungary to organize ITU Telecom World 2015

Hungary is scheduled to organize the International Telecommunications Union Telecom World 2015 conference, National Development Minister Miklós Seszták informed Hungarian...

Interview

Orbán to attend V4-Switzerland summit in Slovakia

Hungary’s Prime Minister Viktor Orbán is scheduled to represent Hungary at a meeting of the Visegrad 4 prime ministers and...

Interview

PM encourages South Korean businesses to invest in Hungary

Hungarian Prime Minister Viktor Orbán encouraged South Korean businesses to invest in Hungary and make use of incentives offered under...

Interview

Bill would mandate MFB with EU funding tasks

The government submitted a bill to the Parliament that is intended to clarify the law on the Hungarian Development Bank...

Interview

Rate-setters voted unanimously to hold at Oct meeting

The National Bank of Hungary's rate-setting Monetary Council voted unanimously to keep the central bank's key rate unchanged at 2.10%...

Interview

Parliamentary committee to invite U.S. charge d’affaires

Parliament's national security committee was reported to be planning to invite U.S. charge d'affaires Andre Goodfriend to a hearing in...

Interview

Internet tax proposal officially withdrawn

Parliament's economy committee officially withdrew a planned tax on internet usage at the government's request during a meeting today....

Interview

Gov’t releases HUF 20 bln in frozen general reserves

The Hungarian government released HUF 20 bln from the budget's general reserves, official gazette Magyar Közlöny revealed today. The amount...

Interview

Bunge says it is not under VAT fraud investigation

The Hungarian unit of U.S. company Bunge, said in a statement on Friday that it has met in full its...

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...