Christian Keszthelyi

History

Despite Fidesz remarks, Saturday demo still on

Despite a promise from a government spokesman that the laws on assembly will not change, organizers said they will go...

Government

Official says Fidesz won’t change public assembly law

László L. Simon, state secretary at the Prime Minister’s Office (shown), said yesterday that, regardless of the remarks of a...

Competition

PM’s Office declares Paks II deal classified

The Hungarian Prime Minister’s Office declared the Paks expansion contracts confidential documents, following Hungarian NGO Energiaklub's request that the contracts...

Deals

State support for Audi suspended, HVG reports

The HUF 40 bln in support offered by the Hungarian state for the plant of German car manufacturer Audi located...

Deals

MOL in contact with potential INA buyers

Hungarian oil and gas company MOL has been in contact with potential buyers for the possible sale of the Hungarian...

Automotive

KSH: Industrial output rises 5.8%

Output of industrial production rose by a year-on-year 5.8% in November according to both workday-adjusted and unadjusted figures, the Central...

Food

KSH: Retail sales grow 5.2%

Retail sales in Hungary grew by a year-on-year 5.2% in November, remaining unchanged from the previous month, a first release...

Sights

Referendum planned for Sunday closure law

Ferenc Dávid, chief secretary of the National Association of Entrepreneurs and Employers (VOSZ), said that they are currently formulating a...

Energy Trade

Hungary to invite tenders for coal mining concessions

Hungary is planning to invite tenders for coal mining concessions in less than five regions this year on a trial...

Competition

Green party MPs discuss corruption, Paks with Goodfriend

Bernadett Szél and András Shiffer, MPs of Hungarian green party LMP, met U.S. Chargé d’Affaires André Goodfriend yesterday to discuss...

Telco

Trade in BTel shares suspended

The Budapest Stock Exchange (BSE) suspended trade in shares and corporate bonds of Hungarian Business Telecom (BTel) at 11:07 this...

History

Support builds to keep alcohol excise guarantee low

The National Economy Ministry has agreed with a proposal by the Prime Minister's Office to reverse changes to rules on...

History

Poll: Hungarians favor America over Russia

According to a survey carried out by Median in the period of November 28–December 2, Hungarian citizens favor nurturing a...

Figures

PPI rises y.o.y. 0.6%, drops m.o.m 0.4% in October

Following a seven-month-long drop, Hungary’s industrial producer prices (PPI) edged up by a year-on-year 0.6% in October, with domestic prices...

Deals

OBB to supply MÁV with trains

Austrian OBB, the sole bidder in a tender to supply trains to Hungarian railway MÁV, is scheduled to deliver 55...

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...