Christian Keszthelyi

Telco

Samsonite Hungária sales grow 20% in 2014

The Hungarian unit of U.S.-based luggage manufacturer Samsonite saw a year-on-year 20% growth both in sales and production in Hungary,...

Telco

Ministry: State could oversee elevator maintenance

Not long after Hungarian daily Népszabadság reported that thousands of elevators would either be replaced or refurbished by 2020, the...

Banking

RTL Group confirms it’s in talks with Hungarian government

German broadcaster RTL Group confirmed it has been meeting with officials of the Hungarian government in order to discuss the...

Banking

Report: Lázár seeks new truce with RTL Group

Cabinet Chief János Lázár has reputedly been involved in talks with RTL Group, the German parent of Hungarian RTL Klub,...

Telco

Hungary to launch independent data collector for utilities sector

The Hungarian government decided last week that it would set up an independent entity, known as the Central Data Collection...

Pharma

Tatabánya inaugurates HUF 414 mln tourist center

The city of Tatabánya, in northwestern Hungary, today inaugurated a HUF 414 mln eco-tourism center on the shores of a...

Industrial

Investment property market in Hungary grows to €460 mln in 2014

Turnover of the investment property market in Hungary grew to €460 mln in 2014 from the previous year’s €270 mln,...

Awards

Budapest to host FLY Conference 2015 on February 4-5

The European Jewish Fund, in cooperation with the Embassy of the State of Israel in Hungary, will present the FLY...

Conferences

Hungarian startup attends beauty expo

Hungary-based startup Tappointment, a mobile and web based online appointment scheduling solution for local businesses and their clients, took part...

MNB

Franklin Templeton holdings of Hungarian debt drop

American asset manager Franklin Templeton's holdings of Hungarian government securities dropped by 2.2% in Q4 last year, as compared to...

Telco

Elevators in Hungary to meet stricter regulations by 2020

A decree amended by the Hungarian government last year could require thousands of elevators to be either replaced or refurbished...

Analysis

Competition office fines Vitabalans for misleading advertising

Hungary's Competition Office (GVH) today announced it had fined Vitabalans Kft. and Vitabalans Oy HUF 10.8 mln due to misleading...

Pharma

Richter to market Bayer’s contraceptive patch

Hungarian drugmaker Richter Gedeon announced today that it will "commercialize and distribute" a new contraceptive patch for women, under an...

Pharma

Sherbiny Holdings chooses Hungary for engineering center

Saudi Sherbiny Holdings, a family-run business owned by Abdu-laziz, Mohammed and Majed Sherbiny (pictured), is planning to establish an engineering...

Energy Trade

Hungarian gas deliveries to Ukraine rise 38%

Hungary’s export of gas to Ukraine has grown by 38% to 3.7 million cubic meters since last January, Ukraine's gas...

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...