People

Interview

Mellár: No disagreeing with Orbán; internet tax may return

Prime Minister Viktor Orbán is merely stalling by suspending the internet tax bill, but access to information will be limited,...

Interview

Gov’t: No political risk to EU funds

The Prime Minister's Office yesterday rejected the idea that political risks could delay acceptance of Hungary's EU-funded operative programmes in...

Interview

MNB keeps rates on hold

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

Interview

Hende promises to increase soldiers’ wages by 50%

Soldiers' wages are to be increased by 50% in stages over a four year period, beginning next July, Defense Minister...

Interview

Foreign ministry to lay off 25% of staff

Some 25% of the Hungarian foreign ministry's staff will be laid off, Péter Szijjártó, the minister, confirmed to Hungarian online...

Interview

Rate-setters vote to hold at September meeting

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

Interview

Gov’t: Centralized PR office starts operations

A central communications office called the National Communication Office will carry out communications-related procurement for a wide spectrum of state...

Interview

Áder tells America to build economic ties with Hungary

Building economic ties with the Visegrád Four countries, which represent a market of 65 million people, is a worthy goal...

Interview

Navracsics to become EU commisioner

Interview

Government to set up central PR office

The Hungarian government plans to launch a new, centralized PR office that will coordinate government communications across the whole spectrum...

Interview

Unions join Hankook Tire protest

Trade unions joined the demonstration held before the Hungarian factory of Korean tire maker Hankook Tire in a protest against...

Interview

PM’s office to administer Norway grants

The government is planning to transfer administration of nine EEA and Norway Fund-supported programmes from the state-owned Széchenyi Program Office...

Interview

Beaver Schutzsysteme wins tender for flood protection

Beaver Schutzsysteme, a Swiss firm specializing in developing mobile flood protection, won a tender to supply Hungary's National Catastrophe Defense...

Interview

Analysts: MNB to cut rates 10bp on Tuesday

Analysts polled by international news agency Reuters expect the National Bank of Hungary's rate-setting Monetary Council to continue an easing...

Interview

PM: No tax policy at a European level

The European Union should stop taking away power from Member States, Hungary’s Prime Minister Viktor Orbán said in Brussels yesterday,...

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...