Christian Keszthelyi

Tourism

CAF completes first Budapest tram

Spanish CAF completed the construction of the first tram destined for Budapest's lines 1 and 3, the Center for Budapest...

Pharma

Allee closes successful year

Budapest shopping center Allee became a leading partner in the premium category shopping center segment last year by receiving nearly...

Industrial

Prologis publishes annual report on CEE activity

Prologis, Inc., the global leader in industrial real estate, published its annual report for the CEE region yesterday....

History

Fidesz MP publishes essay critical of gov’t

The ruling Fidesz party has not been paying attention or listening to each other, and this neglect of proper dialogue...

Banking

RTL official vows ‘independent news coverage’

Contradicting earlier reports that RTL Klub might agree to soften criticism of the Hungarian government, RTL Group spokesperson Oliver Fahlbusch...

Telco

MVM sees ‘good chance’ for acquiring peer’s majority

State-owned Hungarian Electricity Works (MVM) has a "good chance" of acquiring a 66% stake in Slovakian peer Slovenske Elektrarne from...

EU

Hungary could receive €15 mln in EC’s Youth Employment Initiative

Hungary could receive almost €15 mln to boost youth employment in the country in the framework of the European Commission’s...

Visits

PM urges ‘flexible and renewable’ agreement with Russia

As the agreement regarding gas supplies between Hungary and Russia nears expiration, Hungary’s Prime Minister Viktor Orbán told Fidesz-friendly commercial...

Banking

Hungarian Advertising Association urges dialog on tax

The Hungarian Advertising Association is calling for negotiations with the Hungarian government regarding planned changes to the advertising tax, the...

Retail

Hungarian EU Edge develops for U.S. FreshDirect

Budapest-based software developer EU Edge has finished a development project to standardize the trading system, by giving a uniform visual...

City

Anti-theft system receives HUF 98 mln investment

The Széchenyi Capital Investment Fund (SZTA), which is a Hungarian state-established venture capital fund to support SMEs, invested HUF 98...

Recycling

Paks generates almost 54% of Hungary’s electricity

Hungary's sole nuclear power plant in Paks reportedly generated 15,649 GWh of electricity last year, accounting for 53.6% of national...

Conferences

U.S. signs grant agreement with CEU

The U.S. Department of State’s Regional Environmental, Science & Technology, and Health (ESTH) Hub for Central and Eastern Europe signed...

History

Cabinet chief: Germany has ‘considerable experience’ in nuclear reactors

Speaking about a recent visit to Budapest by German Chancellor Angela Merkel with state-owned Kossuth radio, cabinet chief János Lázár...

Transport

Wizz Air seeks London IPO again

Hungarian low-cost airline Wizz Air said today it is planning an initial public offering (IPO) on the London Stock Exchange,...

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...