Award-winning CEOs are not afforded the luxury of resting on their laurels, but then again, the reason they are award-winning in the first place is, surely, in part, down to the fact that they keep moving forward.
Following the new global trend of film tourism, the 10-year-old Hungarian film studio complex Korda Studios has signed a cooperation agreement with the Hungarian Tourist Agency (MTÜ) to help improve and develop the film industry here even further.
Minister for National Economy Mihály Varga has given AmCham a ringing endorsement, saying its work is “highly appreciated” by the cabinet and the chamber is a “strategic partner” that shares government objectives.
Although the number of deals the Hungarian mergers and acquisitions market saw dropped in 2016, the estimated value was slightly up compared to the previous years, according to the latest M&A Barometer published by EY on March 9. Margaret Dezse, partner of Transaction Advisory Services at EY Hungary, discussed the positive trends seen in the market with the Budapest Business Journal.
Confirming recent reports, the sixth PwC survey of Hungarian CEOs, which was published yesterday (March 9), found that the growing skills shortage is the single biggest concern for company bosses, much more so than their global counterparts.
While developing tech solutions seem to be making spectacular progress in the field of language-related software, due to the complex nature of languages, the human factor is still an important one when deciphering the pragmatics behind uttered words, and is expected to remain so.
After record breaking profits in 2016, the banking sector is likely to witness more acquisitions down the road, while digital solutions are pointing to a declining need for staff and brick-and-mortar offices.
While the winemakers of Eger and Szekszárd are still falling short of collectively hitting the bulls-eye in terms of pinning down a definitive style for their Bikavér, they do at least appear to have finally taken the bull by the horns and tamed the wine into something more refined and elegant.
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