Christian Keszthelyi

EU

Hungary sees appreciation over May-December 2013, says Nomura

Cross-country differentiation was a theme for the EEMEA region, with South Africa and Turkey experiencing the largest currency depreciation since...

Food

MOL doubles hot dog selection

Hungarian oil and gas company MOL is doubling its current hot dog selection of five by additional six at almost...

Visits

Soros weighs in on ‘anti-Semitic’ tone of Hungarian gov’t

Hungarian-born financier and philanthropist George Soros, who has been demonized by the Hungarian government in its ongoing billboard campaign, says...

Transport

Hungarians outdo Romanians, Poles in summer holidays, Wizz Tours says

Hungarians deem summer holidays more important compared to Romanians and Poles, booking their holidays one week earlier than last year...

Retail

Auchan Hungary announces new opening, boost of e-tail

France-based supermarket chain Auchan has announced the opening of its first supermarket in Szekszárd this August, while adding that it...

Tourism

Heineken Hungary to restructure operations here

Brewer Heineken Hungary’s manufacturing operations will cease at its Martfű plant in the next twelve months and the site will...

Retail

Russian embargo hurts Hungary less by year

Businesses in Hungarian agriculture are not expecting market mayhem due to the Russian embargo on EU food products extended until...

Crops

Serbian NGO says electric ‘smart fence’ violates human rights

The Belgrade Center for Protection and Help for Asylum-Seekers says Hungary’s move of testing an electrified “smart fence” on the...

History

Hosszú forms pro swimmer association, targets FINA

Hungarian Olympic swimming champion Katinka Hosszú has established an association for professional swimmers, recruiting 30 members already, with the intention...

Sights

MOL stations allow dogs to enter shop

Oil and gas company MOL now allows dog owners to take their dogs to the shop when paying after tanking,...

City

Hungarian musical road to play rock ballad

A consortium led by Austrian contractor Strabag has announced the construction of a EUR 212 million road in southwest Hungary...

History

Tesco workers eye strike if demo unsuccessful

Workers of supermarket chain Tesco in Hungary will hold a demonstration this Saturday, and - if they feel it ends...

Deals

Budapest transport faces bus driver shortage

Labor shortages, which experts say are becoming graver than ever in several Hungarian sectors, have reached the bus drivers of...

Conferences

How many fidget spinners can power a light bulb?

While fidget spinner fever sweeps through Europe and the whole world, few people would realize the power that is generated...

Visits

Hungary’s government puts laughing Soros on billboards

Just days after Hungary’s Prime Minister Viktor Orbán accused George Soros of building a “Brussels kingdom,” the government has put...

Analysis

Done Well, 4-day Week Could Boost Productivity, Employee Happiness

At face value, a four-day workweek looks tempting for the employee, but what about the employer? It could significantly benefit...

Manufacturing

Ganz Intelligent Solutions Launches new Tech for Transformers

Storied Hungarian manufacturer Ganz has introduced new technology that helps transformers reach their peak performance, saving costs and contributing towards...

Analysis

Banks Enjoy Digital Advances, Serving Increasingly Tech-savvy Customers

If anything, the adage of technology disrupting every industry is amplified in banking. Beyond the usual suspects of AI and...

Analysis

Economic Strains Grow, but Banks Will Weather the Storm

Rising inflation, the escalating energy crisis, interest rate freezes, and extra taxes have increased the strain on banks operating in...

Automotive

Global Energy Crisis Increases Electric Vehicle Expenditure

With motorists eyeing greener transport options, electric vehicles are gaining ground in Hungary. Yet, driving a pure EV has gotten...

Analysis

Chameleon Smart Home Solutions Developer Enters BSE Xtend

Innovative home solutions are rising in Hungary, even if the market lags internationally. Chameleon Smart Home Plc. recently floated its...

Automotive

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Analysis

SSCs Mature Into GBSs as They Provide Higher Added-value Functions

As shared services centers have graduated to business services centers and now, increasingly, to global business services centers, the industry’s...

Automotive

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Telco

Consolidating Telcos Battle Challenges as Data Thirst Grows

The consolidating Hungarian telecommunications market is shaped by a handful of drivers mainly fuelled by technological advancement, changing customer behavior,...

Automotive

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Sustainability

Green Transition Comes with Challenges, Many Long-term Benefits

As Europe grapples with its energy crisis, more businesses in Hungary are thinking about making their operations greener and more...

Analysis

Challenges Await in Booming IT Integrators’ Market

The pandemic gave a much-needed push for businesses toward digital transformation, which has lifted the profile of IT integrators and...

Automotive

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Telco

Normalizing 5G Sentiment Opens way to Expanding Services

Even as the Hungarian market is getting used to fifth-generation technology on the residential side of the business, the corporate...

Done Well, 4-day Week Could Boost Productivity, Employee Happiness

At face value, a four-day workweek looks tempting for the employee, but what about the employer? It could significantly benefit...

Ganz Intelligent Solutions Launches new Tech for Transformers

Storied Hungarian manufacturer Ganz has introduced new technology that helps transformers reach their peak performance, saving costs and contributing towards...

Banks Enjoy Digital Advances, Serving Increasingly Tech-savvy Customers

If anything, the adage of technology disrupting every industry is amplified in banking. Beyond the usual suspects of AI and...

Economic Strains Grow, but Banks Will Weather the Storm

Rising inflation, the escalating energy crisis, interest rate freezes, and extra taxes have increased the strain on banks operating in...

Global Energy Crisis Increases Electric Vehicle Expenditure

With motorists eyeing greener transport options, electric vehicles are gaining ground in Hungary. Yet, driving a pure EV has gotten...

Chameleon Smart Home Solutions Developer Enters BSE Xtend

Innovative home solutions are rising in Hungary, even if the market lags internationally. Chameleon Smart Home Plc. recently floated its...

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

SSCs Mature Into GBSs as They Provide Higher Added-value Functions

As shared services centers have graduated to business services centers and now, increasingly, to global business services centers, the industry’s...

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Consolidating Telcos Battle Challenges as Data Thirst Grows

The consolidating Hungarian telecommunications market is shaped by a handful of drivers mainly fuelled by technological advancement, changing customer behavior,...

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Green Transition Comes with Challenges, Many Long-term Benefits

As Europe grapples with its energy crisis, more businesses in Hungary are thinking about making their operations greener and more...

Challenges Await in Booming IT Integrators’ Market

The pandemic gave a much-needed push for businesses toward digital transformation, which has lifted the profile of IT integrators and...

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Normalizing 5G Sentiment Opens way to Expanding Services

Even as the Hungarian market is getting used to fifth-generation technology on the residential side of the business, the corporate...