Christian Keszthelyi

Telco

BUBOR appears to stabilize at 16 bps, Nomura says

The Budapest Interbank Offered Rate (BUBOR) appears to have stabilized at 16 bps by hitting its “credit floor,” and as...

Initiatives

Apollo’s dual students start practical training in plant

After tackling exams successfully, 22 students who have been involved in Apollo Tyres’ dual education program in cooperation with two...

Deals

CBRE envisages ‘major deals’ this year

The Hungarian investment property market can expect major business deals this year, according to a recent analysis sent to the...

Retail

Hungary attracts 19% of retailers eyeing expansion, CBRE says

Hungary is the fifth most attractive market for retailers looking to expand their store presence in Europe, the Middle East...

Retail

Hungarian central bank steps up against OneCoin

The National Bank of Hungary (MNB) has agreed with a number of authorities on taking joint measures against the cryptocurrency...

Analysis

April CPI matches consensus, CIB sees annual inflation at 2.3%-2.5%

While Hungary’s inflation rate essentially matched the market consensus, according to the Central Statistical Office (KSH), once again it came...

Transport

Wizz Air signs partnership agreement with five universities

Wizz Air, the largest low-cost airline in Central and Eastern Europe, today announced a new partnership with five universities in...

Pharma

Hungarian plant seen boosting Apollo Tyres further

Net sales of India-based Apollo Tyres amounted to EUR 1.77 billion in its 2016-17 financial year ending in March, up...

Tourism

Budapest Airport cargo breaks record in Q1

Cargo volume handled at Hungary’s Ferenc Liszt International Airport in the first quarter was up by 32.3% compared to the...

Transport

Travel startup Beontrips launches in Hungary

Hungarian start-up business Beontrips has just launched a new travel service on the local marketplace making it possible to purchase...

Analysis

Canada expresses ‘serious’ concerns about ‘lex CEU’ amendment

Canada is “seriously concerned” by the Hungarian Parliament’s recently passed legislation on higher education, which it says may “endanger academic...

Pharma

Government to redraw billboard market before elections

Hungarian governing party Fidesz issued a decree last Friday, bearing the name of Prime Minister Viktor Orbán, which appears to...

Transport

Wizz Air announces Budapest-Saint Petersburg route

Hungarian low-cost airline Wizz Air is launching a new flight from Budapest to Saint Petersburg, Wizz Air CEO József Várady...

Banking

Ad tax hike could undermine media, says association

The Hungarian Advertising Association (MRSZ) has called on the government to drop plans to raise advertising tax from the current...

Office Market

Diófa leases 3,700 sqm in Óbuda Gate

Diófa Asset Management has announced it has leased more than 3,700 sqm to new tenants in the Óbuda Gate office...

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...