Budapest Business Journal

Q&A: Christopher Mattheisen is leading Magyar Telekom into new territory 〉PAGE 32

BBJ

VOL. 18, NUMBER 08

Budapest Business Journal

Ft 1250 | €10 | $15 | £7.5

HR 2010 I APR 23, 2010 – MAY 6, 2010

€894

million of FDI last year has put Hungary back at the top in the region 〉PAGE 4

HUNGARY’S PRACTICAL BUSINESS BI-WEEKLY SINCE 1992 | WWW.BBJ.HU

THE VICTOR Hungarians have given Fidesz a huge majority. But how will it use its historic opportunity? 〉PAGE 5 EDITORIAL 〉PAGE 35

THERE IS A QUIET REVOLUTION IN HUMAN RESOURCES, WHICH WAS SPED UP BY THE CRISIS. EXPECT NEW ROLES FOR PROFESSIONALS AND NEW MARKET DIVISIONS. ALSO, LISTS INSIDE ▶▶ HR gets involved in strategy

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▶▶ Outsiders: unemployment

〉PAGE 12

▶▶ HR befriends social media

〉PAGE 15

▶▶ Managing talent

〉PAGE 16

▶▶ Computing people power

〉PAGE 17

▶▶ Recruiters seek new jobs

〉PAGE 18

▶▶ Are temps here to stay?

〉PAGE 22

▶▶ Headhunters fear falling fees

〉PAGE 25

Holiday vouchers remain popular despite predictions Employers are expected to purchase at least as many holiday vouchers in 2010 as last year, adding up to about HUF 50 billion worth of tax-free holidays for employees. This is good news for smaller Hungarian hoteliers, as much of their services are paid for in vouchers. 〉PAGE 4

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Photo: Csaba Pelsőczy / Fidesz.hu

Summer camps in Hungary Like most families, foreigners in Hungary have the option to send their children to summer camps. There are also services specifically for guests from other countries, and Hungary’s summer camp culture in general is thriving as ever more parents send their kids here for summer. 〉PAGE 29 BUSINESS

Paving the road to Scotland Scotland is not typically considered one of the top investment destinations for Hungarian businesses. Now, however, some entrepreneurs are trying to help form connections – and they, at least, are already profiting from these new opportunities. 〉PAGE 9