Christian Keszthelyi

EU

Orbán calls for better foreign language education

Hungary’s Prime Minister Viktor Orbán has commissioned Minister of Human Capacities Zoltán Balog to assess the conditions of foreign language...

Interview

Farage believes Orbán wants to leave EU

British Eurosceptic MEP Nigel Farage, former leader of the UK Independence Party, believes Hungary cannot be a sovereign country while...

Retail

Hungarian e-tail generates HUF 427 bln in 2016

Hungary’s online retail trade generated HUF 427 billion in turnover in 2016, more than 5% of the total national retail...

Initiatives

Nestlé steps up dual education program in Hungary

Nestlé Hungary is planning to raise the number of participants in its dual education program threefold in the next two...

History

EC launches infringement procedure against Hungary

Hungary, together with the Czech Republic and Poland, is facing an infringement procedure by the European Commission (EC) for refusing...

Issues

Former president submits amicus curiae on ‘lex CEU’

Former President László Sólyom and former constitutional judge Miklós Lévay, together with two doctors of the Hungarian Academy of Sciences...

EU

NGO law passed, TASZ plans civil disobedience

The Hungarian Parliament, thanks to the Fidesz-KDNP majority, passed a new law on non-governmental organizations (NGOs) today, which is widely...

Awards

M7 ups Hungarian portfolio to 260,000 sqm

M7 Real Estate has purchased seven light industrial assets across Hungary and further increased the penetration of its portfolio on...

Telco

Government spent HUF 4.2 bln on anti-Brussels campaign

The Hungarian government spent slightly more than HUF 4.2 billion on its recent “Let’s stop Brussels!” campaign, which the government...

Awards

Local investment software Dorsum wins award

Hungarian-developed investment software Dorsum won the award for the Best Use of IT in Wealth Management at the E-Banking Summit...

Awards

Soccer bosses to hear Storck after ‘historic loss’ to Andorra

The Hungarian Football Federation (MLSZ) will hear what Bernd Storck, the coach of the Hungarian national team, has to say...

Analysis

CIB Bank analysts see inflation holding steady

Hungary’s May inflation figure of 2.1% published today by the Central Statistical Office (KSH) was unexpected, but the increase is...

Sights

Aeropark museum reopens at Budapest Airport

The Aeropark open-air aviation museum has reopened at Budapestʼs Ferenc Liszt International Airport after moving to a new site due...

Analysis

More cyber attacks looming, Hungarian expert warns

In the coming months, cybercriminals are expected to launch numerous attacks exploiting the vulnerabilities leaked by hacker group The Shadow...

Analysis

ArchiCAD most popular BIM software in Hungary, GfK finds

Graphisoft Hungary’s Budapest-developed building information modeling (BIM) software ArchiCAD is known by 96% of architects and is currently used by...

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...