Christian Keszthelyi

Visits

Orbán rails against Soros’s ‘Brussels kingdom’

Hungary wants to see “the original European Union” of the founding fathers, rather than a “Brussels kingdom,” Prime Minister Viktor...

Conferences

PwC sees economic uncertainty peaking

Economic uncertainty levels have been peaking lately and many business leaders expect at least one crisis to hit their operations...

Food

Travel insurance costs still concern Hungarian holidaymakers

While 77% of Hungarians are planning to go for a summer holiday this year and 74% say they will pay...

Drinks

Summer heat seen boosting beer sales

If summer turns out to be extremely hot this year, Hungarians could drink millions more mugs of beer during the...

Social

Sziget again commissions Humen to produce official magazine

Sziget has once again commissioned Humen Magazine to create a special issue titled ‘Humen Magazine – Sziget’, becoming the official...

Pharma

Solar panel boom envisaged for Hungary

Hungary could launch HUF 500 billion worth of solar panel investments as potential investors applied for licenses for a combined...

History

Red Bull to buzz over the Danube again

With a tie at the top of the standings, anticipation in the Red Bull Air Race’s traditional venue of Budapest...

Visits

Hungary takes over V4 presidency from Poland

Poland handed over the presidency of the Visegrád Four (V4) to Hungary, which will hold it from July until next...

Food

Almost 1.2 mln Hungarians plan to work abroad

Almost 1.2 million Hungarians are planning to seek jobs abroad, with a particularly high ratio of almost two in five...

EU

Hungary ‘another step away’ from EU, NATO values, says U.S.

The U.S. Department of State considers Hungary’s recently submitted law on NGOs as “another step away” from the values of...

Transport

Wizz Air celebrates 5th anniversary at Debrecen base

Having taken off for London-Luton on June 18, 2012 for the first time from Debrecen, Hungary’s low fare airline Wizz...

EU

Hungary’s NGO law still concerns Venice Commission

The Venice Commission, the European Commission for Democracy through Law, says it is still concerned about the Hungarian Parliament’s recently...

City

Ukraine International Airlines launches daily Kiev-Bp flight

The first flight of national carrier Ukraine International Airlines’ recently launched daily connection between Kiev and Budapest touched down on...

EU

President Áder signs NGO law into effect

Despite widespread criticism, Hungary’s President János Áder signed the NGO law approved by the Hungarian Parliament’s Fidesz-KDNP majority into effect...

History

Orbán does not ‘understand’ U.S. criticism on NGOs

Hungary’s Prime Minister Viktor Orbán does not “understand” the United States’ opposition of the recently adopted law on NGOs, as...

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...