Christian Keszthelyi

History

Thousands demonstrate against 2015 budget

Approximately 2,000 protesters gathered yesterday on Kossuth square to demonstrate against the planned 2015 central budget, which protesters claim hurts...

Visits

DK: Orbán lied according to Brussels

Despite Hungary’s Prime Minister Viktor Orbán said on Friday that Hungarian highway M0 needs to have a toll on it...

Deals

Gasoline sales rise on falling prices

Sales of gasoline and diesel increased year-on-year due to falling prices in Hungary from January-November, Hungarian business daily Vilaggázdaság reported...

Telco

Union protests delay traffic into Budapest

"Single-lane" demonstrations by labor unions caused considerable slowing of traffic on highways entering Budapest this morning. Altogether 13 unions have...

Visits

PM: ‘There’s democracy in Hungary – period’

‘‘Hungarians welcomed illiberal democracy; the fact that in English it means something else is not my problem,” Hungary’s Prime Minister...

Telco

Videoton sees 17% revenue rise

Hungarian-owned electronics manufacturers Videoton Holding is expecting to see consolidated revenue of HUF 134 bln this year, up by 17%...

Visits

Orbán vows to strengthen economic sovereignty

“Hungary's political sovereignty needs to be protected and its economic sovereignty further expanded in a geopolitically sensitive situation in Europe...

Food

Varga: Gov’t targets single-digit corporate tax by 2018

Hungary’s Economy Minister Mihály Varga said yesterday that the Hungarian government is making efforts to bring the corporate-tax down to...

Visits

Development Ministry: We consulted on toll system

Hungary’s Development Ministry claims to have held consultations with the representatives of professional organizations during the preparatory phase of the...

Telco

Hungerit completes HUF 1.7 bln project

Hungary-based poultry company Hungerit wound up the construction of its new poultry logistics system valued at HUF 1.7 bln at...

Telco

Rondo plans HUF 400 mln investment for 2015

Austrian-owned Hungary-based cardboard manufacturer Rondo Hullámkartongyártó is planning to invest HUF 400 mln in its Budapest factory following the completion...

Sights

More unions join Monday’s single-lane protest

Another seven unions have joined the Monday protest against government measures unfavorable for labourers, LIGA union association leader István Gaskó...

History

Vida looks to U.S. to lift Goodfriend’s immunity

Customs Authority (NAV) chief Ildikó Vida, who is one of six Hungarians banned from entering the United States on suspected...

Awards

Arenim Technologies to expand to Middle-East

Arenim Technologies, a Stockholm-based Hungarian majority-owned mobile application developer, is planning to expand to the Arab countries of the Middle...

Tourism

PM: Getting gas from every neighboring country is ‘national interest’

Hungary’s Prime Minister Viktor Orbán called it his "personal strategy" for gas pipelines to bring gas to Hungary from every...

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...