Christian Keszthelyi

Initiatives

Adecco presents fourth installment of ‘Way to Work’ program

This year, Adecco is organizing its fourth job fair entitled “Way to Work” to help young jobseekers, the Hungarian subsidiary...

Deals

Hungarian spy chief resigns

The Director General of the Hungarian Constitution Protection Office László Göbölös (pictured), the country's top intelligence official, handed in his...

Drinks

Bloomberg places Tokaj among the World’s Next Big Wine Regions

Hungarian wine region Tokaj, with its 5,500 hectares of vineyards, at an 800-foot elevation on volcanic slopes, is among the...

Visits

MPs approve legislation classifying Paks deal confidential for 30 years

The Hungarian Parliament voted today to classify some of the data contained in the contracts for the expansion on Hungary’s...

Social

Büki insists on country-wide blockade

Apparently driven by yesterday’s two successful mini blockades that he organized, Együtt MP Zoltán Büki (pictured) said on the event’s...

Banking

Report: Lázár expects an ad tax of 3-5%

The Hungarian government is to consider a 3-5% flat-rate tax for advertisers, with the intent of protecting small media companies,...

Telco

Hungary’s advertising sector expenditures rise to HUF 189 bln

The total money spent on advertising in Hungary rose by approximately 8%, to HUF 189 bln, last year, the head...

Telco

Groupama Garancia premiums revenue reached HUF 94 bln last year

French-owned Hungarian insurer Groupama Garancia Biztositó saw its revenue rise by 5% to HUF 94 bln due to premiums, raising...

Competition

Labor authority finds issues with 73% of the country’s employers

Hungary's labor authority found that 73% of the over 18,000 employers it surveyed last year had violated some of the...

Automotive

Report: New car registrations grow y.o.y. 18%

New passenger car registrations in Hungary saw a year-on-year rise of 18%, to 5,914, in February, with light commercial vehicle...

Office Market

Krisztina Palace receives green building rating

Krisztina Palace, the property of Union Investment, has been awarded the BREEAM In Use ‘Very Good’ rating in two categories...

Analysis

PM schedules official meeting with U.S. ambassador

Hungary’s Prime Minister Viktor Orbán has scheduled to meet with U.S. ambassador to Hungary Colleen Bell on March 17, Hungarian...

Energy Trade

Lázár seeks to review utility companies on suspicion of overcharging

Cabinet Chief János Lázár said on Saturday that he plans to conduct a review of how utility companies measure and...

Social

Police expecting demonstrations in Budapest

A number of bridges in Budapest and vicinity are being secured by local police, as they are expecting impromptu demonstrations...

Conferences

Government drafting changes to financial institution screening law

The Hungarian government has already begun drafting changes to the regulations to shorten the time between comprehensive reviews of financial...

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...