Hungary: decree forces publicly-held companies to publish wages and unemployment benefits of managing staff

9 on the Transparency of Publicly-held businesses forces the latter to publish certain information on supervisory and management staff. By Andrea Soos, Lawyer at the PRK Bellak & Partners law firm in Budapest. (Ref. 090943)

Publishing personal data. The decree applies to businesses in which ownership is held by a local municipality and/or the state, such as railways, the Post or even the energy industry. They have to publish information such as the name, position, basic salary, benefits, and