Christian Keszthelyi

History

Interview: Intelligence gathering in Hungary

BBJ interviewed Dr Péter Homoki (pictured), lawyer and chairman of the IT Law Committee of the Council of European Bars...

Telco

LKM.HU Service inaugurates HUF 127 mln sawmill

LKM.HU Service today inaugurated a HUF 127 mln sawmill in Encsencs in northeastern Hungary, which is expected to raise headcount...

History

Amendment prevents Spar Express from opening on Sundays

After the government closed loopholes in legislation to further restrict retailers from opening on Sundays, Spar will not be able...

Competition

Hungary allocates HUF 5 bln for tobacco farmers

The Hungarian state has allocated HUF 5 bln in subsidies for tobacco farmers this year in order to support almost...

History

Report: PM could have been an informer

Hungary’s Prime Minister Viktor Orbán allegedly gave information through a formal “social connection” with Mihály Major, a communist government counter-intelligence...

Analysis

Buda-Cash, DRB managers could face lawsuits

Due to recent changes to the Hungarian Civil Code, the managers of scandal-ridden brokerage Buda-Cash and DRB bank group could...

History

Lázár: Paks deal will continue

Reacting to the announcement of the European Commissionʼs decision to block the upgrade of the Paks nuclear power plant, Cabinet...

Green Energy

Alstom wins contract to renew blocks of Matrai power plant

France-based Alstom, a global leader in power generation, power transmission and rail infrastructure, has won a public procurement tender in...

Tourism

Court says Lázár must explain travel bills

The Municipal Court of Budapest made an unappealable decision that the Prime Minister’s Office is required to publish details about...

History

Report: EU blocks Paks expansion

The European Commission has blocked Hungary's €12 billion deal with Russian energy firm Rosatom to expand the nuclear power plant...

Industrial

Research: Retail food sales grow 4% in Hungary

Retail food sales in Hungary in the period of February 2014 - January 2015 increased by 4% in volume terms...

Banking

EC begins investigation of Hungary’s ad tax

The European Commission launched a thorough investigation to determine whether Hungary's current progressive advertisement tax complies with European Union rules,...

Tourism

Lázár anticipates new public procurement law

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament...

Automotive

KSH: Automotive sector boosts industrial output in January

Industrial output in Hungary rose by an unadjusted 5.3% in year-on-year terms in January, chiefly boosted by strong performance in...

Social

Budapest to host 2017 World Aquatics Championships

Hungary’s Prime Minister Viktor Orbán said yesterday, after signing the related contract with international swimming federation FINA’s managing director Cornel...

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...