Christian Keszthelyi

Analysis

EY expert says M&A grew 12% last year

Hungary has seen a positive trend in mergers and acquisitions since 2011, and M&A grew 12% in volume last year,...

History

More Hungarians ask for NAV to do their tax returns

Approximately 375,000 Hungarians have issued a request to National Tax and Customs Authority (NAV) to prepare their tax returns, out...

Analysis

Microsoft launches free Windows 10

Microsoft said yesterday that it is offering free upgrades to Windows 10 for all Windows 7 and Windows 8 users,...

Social

Anti-government blockade closes Lánchíd

Anti-government demonstrators closed the Lánchíd (Chain Bridge) in the heart of Budapest with 50 cars this evening, Hungarian online daily...

Transport

Lufthansa strike freezes two Hungarian routes

All of Lufthansa’s Budapest-München and Budapest-Frankfurt flights have been cancelled due to a strike initiated by airlines workers today, and...

Sights

Hungaryʼs Concorde Értékpapír enters Bucharest bourse

Hungarian Concorde Értékpapír has entered the Bucharest Stock Exchange, the brokerage announced today....

Conferences

OECD: Improved eurozone projection could lift Hungarian economy

According to Hungary’s permanent representative to the OECD, the improved outlook for the eurozone’s economy can positively affect economic growth...

Conferences

Ayudate builds HUF 1 bln optical cable network

Ayudate Investment Group is building a HUF 1 bln optical cable network as part of an infrastructure that will provide...

World

Official: Hungary to reach agreement with Euratom soon

Negotiations between Hungary and Euratom regarding fuel supply to the new blocks of Hungary’s sole nuclear plant in Paks are...

Tourism

KSH: Guest nights slow to 8.9%

The number of guest nights at commercial accommodations in Hungary increased by a year-on-year 8.9%, reaching 1,194,000, in January, though...

Crops

Hungary, Austria eye €162 mln railway upgrade plans

Hungary and Austria are planning on developing the railway network between the two countries by tapping funding from President of...

Social

EuCham organizes Business Integrity Forum CEE

The European Chamber in Hungary (EuCham) and Transparency International (TI) are co-organizing an event entitled Business Integrity Forum CEE on...

Interview

Vote on 2016 budget bill moved to earlier date

The Hungarian government is scheduled to submit next year’s budget to Parliament by the end of April and the bill...

World

Official: Russia could lift embargo for Hungary

Farming products from Hungary, Greece and Cyprus will likely be the first to be allowed into the Russian market once...

History

FT backs Paks story as govʼt threatens suit

Despite the governmentʼs threat of a lawsuit today, the Financial Times is not going to correct its report from Thursday...

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...