Christian Keszthelyi

Tourism

Vintner Bock expands hotel for HUF 334 mln

József Bock, a well-known vintner from Hungary's Villány wine-growing region, yesterday inaugurated a HUF 334 mln expansion of the Bock...

Deals

BTel to sue angel investor who backed out

The board of Business Telecom (BTel) is suing the angel investor who broke his promise to inject HUF 950 mln...

History

Szijjártó expects ‘new chapter’ in Hungary-U.S. relations

With the arrival of Colleen Bell, the new U.S. ambassador to Hungary, Hungary’s Foreign Minister Péter Szijjártó is expecting to...

Tourism

HungaroControl launches WALTER

Hungarian air traffic control company HungaroControl yesterday launched an online flight tracking system, called "Walter", which tracks flights to and...

Telco

OKI Systems’ revenue to climb 36% in Hungary

Japanese printer manufacturer OKI Systems is expecting revenue in Hungary to rise by a year-on-year 36% within its fiscal year...

Awards

Duna Tower welcomes new tenant

Duna Tower has seen an international IT company as a new tenant hiring 1,200 sqm space of the building, CE...

History

Changes made to road toll system

The Hungarian government today announced a number of changes to the new road toll and county motorway vignette system, following...

Deals

MNB places oversight commissioner at Kézizálog

The National Bank of Hungary (MNB) placed an oversight commissioner at Kézizálog Financial Services Company as a result of improper...

Competition

Richter: Further positive results on cariprazine trials

Richter Gideon today elaborated on its recent announcement of successful tests of the antipsychotic drug cariprazine, which Budapest-based Richter is...

Deals

MOL: Croatia puts politics before commercial interests at INA talks

The Croatian government is holding political interests before commercial interest in negotiations over its local unit INA, Hungarian oil and...

Conferences

KSH: Business sector employment rises 2.6%

Hungary’s business sector saw a year-on-year 2.6% rise in employment to 1,883,000 employed individuals, including fostered workers, in November both...

History

Exim branch opens in Szeged

Hungarian Export-Import Bank Plc. (Eximbank) and Hungarian Export Credit Insurance Plc. (MEHIB) opened a new branch in Szeged yesterday, which...

Deals

Croatian PM promises to support Sisak

The Croatian government will support efforts to resume production at the Sisak refinery, Croatia’s Prime Minister Zoran Milanovic said on...

Issues

Official: Goodfriend keeps immunity, Vida case closed

The United States will not withdraw the diplomatic immunity of U.S. Chargé D'affaires André Goodfriend, Levente Magyar, state secretary of...

Recycling

Opel sales rise 50% in Hungary in 2014

Opel Magyarország, the Hungarian unit of German car manufacturer Opel, saw a 50% year-on-year sales increase in Hungary in 2014,...

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...