Christian Keszthelyi

Visits

Analysts: PM went too far

Analysts speculate, that the governing Fidesz party and Hungary’s Prime Minister Viktor Orbán went too far with the proposed introduction...

Analysis

More than 100,000 join internet tax demo

A crowd estimated by Reuters to include more than 100,000 people gathered yesterday for the second demonstration in three days...

History

Transparency International releases Hungary lobby report

Hungary’s lobby activities are uncontrolled and non-transparent, Transparency International (TI) Hungary reported in a study released today....

Interview

MNB keeps rates on hold

The National Bank of Hungary's (MNB) rate-setting Monetary Council decided to leave the central bank's key rate unchanged at 2.10%...

Pharma

Huawei donates HUF 6 mln to National University of Public Service

Huawei Technologies Hungary donated state-of-the-art telecommunications technologies valued at HUF 6 mln to the National University of Public Service in...

Pharma

Emirates opens call center in Budapest

In line with prior announcments, Dubai-based Emirates airlines opened a call and client service center in Budapest yesterday. The Dubai...

Competition

Enterprise Communications winds up HUF 250 mln investment

Enterprise Communications Magyarország Kft. wound up Expandrive, a virtual storage system project, supported entirely by an EU grant totalling HUF...

Telco

Wood processing company to build HUF 340 mln production hall

Wood processing company Szalai Fafeldolgozó és Kereskedelmi will build a 700 sqm production hall, while also expanding and upgrading its...

Telco

Stratis partners up with HP Autonomy

Hungarian Stratis Vezetői és Informatikai Tanácsadó Kft. entered a partnership with Hewlett Packard Autonomy, thereby becoming part of the Big...

Banking

Estimate: Average tax hike HUF 10,000 a month

The planned tax proposal set for 2015 would cost the average Hungarian household approximately HUF 10,000 more per month, according...

Analysis

Another demo against internet tax set for tonight

By late last night, more than 44,000 people had already confirmed plans on Facebook to participate in a demonstration at...

Awards

Noerr bags awards in Germany from Juve

Noerr won the awards as “Law firm of the Year” and “Law firm of the Year for M&A” at the...

Pharma

First Emirates flight lands in Budapest

The first commercial flight of the Dubai-based Emirates airline landed in Budapest Monday, the airline reported. As of Tuesday, a...

Interview

Hende promises to increase soldiers’ wages by 50%

Soldiers' wages are to be increased by 50% in stages over a four year period, beginning next July, Defense Minister...

Recycling

Opel passenger car sales up 57.6% in Hungary

Opel Magyarország, the Hungarian subsidiary of German car producer Opel, reported sales of 7,578 new passenger cars and small commercial...

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...