Christian Keszthelyi

Art

PM: Toll system changes to benefit Hungarians

“Hungarian citizens will benefit from the planned changes in the road toll system and the introduction of optional e-stickers for...

Int'l Relations

Szijjártó: Hungary wants closer ties with western Balkans

As an acknowledgment of the rise in the global political and economic importance of the western Balkans, Hungary is seeking...

PM backs drug test for journalists and politicians

Hungary’s Prime Minister Viktor Orbán said that “employees of public trust” [journalists and politicians] can expect to be subject to...

Issues

Vida files lawsuit over U.S. visa affair

Hungarian Tax and Customs Authority (NAV) chief Ildikó Vida, who is one of six Hungarians banned from entering the United...

History

Goodfriend: I can expect to appear in court

Chargé d’affaires, André Goodfriend, said that if Hungarian Tax and Customs Authority (NAV) chief Ildikó Vida, who is one of...

Telco

Survey: Small businesses can benefit from financial advisor

With the support of a financial advisor, directors of small businesses in Hungary are more willing to develop and grow...

Awards

Kecskemét Hotel and Conference Center receives prestigious award

Four Points by Sheraton Kecskemét Hotel and Conference Center and its planner KÉSZ Csoport, received the Construction Industry Award for...

History

Orbán: Savings coops success ids gov’t interest

The government is interested in the success of the country's savings cooperatives, because they "bring stability and peace of mind...

Automotive

Ganz Holding to double staff

Ganzeg, a unit of Hungarian engineering group Ganz Holding, announced that it would double headcount at its plant in Zalaegerszeg...

History

Surveys: Fidesz lost 800,000 supporters

Ipsos Media, Advertisement, Market, and Opinion Research Institute announced that the popularity of Hungary’s governing party Fidesz dropped to 25...

Automotive

MNB: Underlying inflation indicators fall

The Hungarian central bank today said that two of its three "underlying measures of inflation" fell in November: the indicator...

Analysis

One child families to receive support

The Hungarian government is planning to spend HUF 4 bln in 2015 and HUF 9-10 bln in 2016 on a...

Recycling

Hungary, Russia sign nuclear partnership

Hungarian Atomic Energy Authority and Russian Rostekhnadzor signed an agreement on scientific and technical cooperation in Moscow yesterday, enabling an...

Figures

KSH: CPI falls more than expected

The Consumer Price Index (CPI) in Hungary fell by a y.o.y 0.7% in November, while emerging market analysts in London...

Retail

OBI to make major changes in Hungary

German-owned D.I.Y. chain OBI is planning layoffs and restructuring in Hungary and would stop buying from Hungarian business partners, as...

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...