Christian Keszthelyi

Recycling

Coca-Cola HBC Hungary reduces water usage by 4%

Coca-Cola HBC Magyarország reduced the amount of water used for the production of one liter of beverages by 4% in...

Office Market

CBRE map plots office rents against metro stations

Although the Váci út office corridor, the central business district (CBD) and the inner quarters of Pest are the most...

Initiatives

Hungary’s politics not affecting the economy, Nomura says

Despite the relatively busy political scene in Hungary lately, including protests against the current government and legislation it has passed...

Visits

EPP warns Fidesz about anti-EU rhetoric

The European People’s Party has asked Hungarian governing party Fidesz “to take all necessary steps to comply with the [European]...

Visits

Government’s ‘Stop Brussels’ campaign revs up

Despite heavy criticism Hungarian government officials received during the last European Parliament meeting for its “Stop Brussels” communication, the “national...

Visits

Thousands participate in pro-EU, anti-Russia march

The recently formed Momentum Mozgalom (Momentum Movement) held a pro-EU, anti-Russia march attended by thousands in Budapest during yesterdayʼs May...

Ecosystem

CEU named 2nd most international university in the world

While it is still not clear whether the Central European University can stay open in Budapest after the Hungarian Parliament...

Conferences

Hungarian RateMate looks to crowdfunding

Hungarian hotel income optimizer startup RateMate has launched a EUR 100,000 crowdinvesting campaign on the Funderbeam platform as part of...

Tourism

Hungary’s jobless rate drops to 4.5% in Jan-March

Hungary’s jobless rate has further dropped by 1.5 percentage points to 4.5% in the January-March period, compared to the same...

Automotive

Mercedes Hungary sees record turnout, sales in 2016

The Hungarian subsidiary of Mercedes-Benz (Mercedes-Benz Manufacturing Hungary Kft.) has closed a record year seeing EUR 3.4 billion revenues and...

History

Hungarian wire service terminates chief editor position

Hungarian news agency MTI is cancelling the position of editor-in-chief as of May 1, and editorial operations will be overseen...

Drinks

Hungarian brothers create transparent coffee

Hungarian brothers Dávid Nagy and Ádám Nagy have created Clear Coffee (CLR CFF), which they claim is the first transparent...

Weather

Freak April weather leads to run on insurance claims

By Monday, clients of insurer Aegon Magyarország had filed for damages caused by the irregular cold weather in April amounting...

Office Market

Balance Office Park reaches over 90% tenancy

With the recent addition of new tenants Mall.hu and Santa Monica RE Kft., and with the input of real estate...

Tourism

Fewer, but still many, Hungarians leave country in 2016

A total of 29,400 Hungarian citizens moved abroad last year, a 10% drop compared to the preceding year, while 17,000...

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...