Christian Keszthelyi

History

Rogán to investigate Buda-Cash scandal

Ruling Fidesz caucus leader Antal Rogán today said he is proposing the establishment of an ad hoc committee of MPs...

Pharma

Hungary, Kuwait agree on cooperation in water sector

Hungary and Kuwait have reached an agreement on cooperation in the water sector, precisely training Kuwaiti staff and tackling water...

History

PM: 2016 budget to be drawn up by mid-June

Next year's budget will be prepared by the end of the spring parliamentary session according to plans, prime minister Viktor...

Visits

PM calls informant accusation a political ‘circus’

Hungary’s Prime Minister Viktor Orbán rejected charges that he was an informant for communist intelligence services and said that media...

Conferences

Buda-Cash hearing postponed

Hungarian Parliament's budgetary committee will take the Buda-Cash scandal off the agenda with nine votes in support from governing-party MPs...

Telco

Gallicoop eyes western European markets

Hungarian poultry processor Gallicoop Pulykafeldolgozó said today that it had found new markets in Western Europe for its products earlier...

Visits

Simicska: Orbán was communist informer

Lajos Simicska, the media oligarch whose business success has been linked to his close affiliation with Hungary’s Prime Minister Viktor...

Ratings

Ministry foresees GDP growth over 2.5% this year

Based on GDP figures published by KSH today, Hungary’s National Economy Ministry foresees that this year’s GDP projection of 2.5%...

MNB

KSH: State debt dropped last year

Hungarian state debt as a percentage of GDP fell to 76.9% at the end of 2014, down slightly from the...

History

Larger families could be eligible for motorway vignette refunds

As of April, families with three or more children could become eligible for refunds on motorway vignettes should the Hungarian...

Awards

MNB provides loan up to HUF 107 bln to cover DRB depositors compensation

The Hungarian central bank is committed to providing a loan not exceeding HUF 107.1 bln to the National Deposit Fund...

Deals

MNB international reserves drop in February

International reserves of the Hungarian central bank were at €36.427 bln at the end of February, decreasing by €1.803 bln...

EU

Association: Most malls to stay open Sundays

Most shopping malls will stay open after the Sunday closing legislation takes effect on March 15, the Hungarian Mall Association...

Telco

Eston launches office photo contest

In an effort to encourage creative portraits of offices in Budapest, Eston International, the Hungarian property advisor, has announced cash...

Pharma

Michelin plans €40 mln expansion in Hungary

French tire producer Michelin said today that it was planning to expand production at its Hungarian base in Nyíregyháza (northeastern...

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...