Christian Keszthelyi

Banking

Hungarian government to disuss ad tax bill early next week

Meanwhile media is protesting against the submitted advertisement tax bill, Fidesz parliamentary leader Antal Rogán said that the government is...

New EU accounting method to raise Hungary GDP by 1-2%

The adoption of a new European Union accounting methodology is expected to raise Hungary’s GDP by 1-2%, the Central Statistics...

Analysis

Debut of new Hungarian startup

Intelligent car service Vemoco is debuting in Hungary. The startup is offering devices with special sensors and GPS functions to...

Automotive

Hungary’s industrial production on the rise

Industrial production in Hungary grew by 2.4% in April, preliminary figures by the Central Statistical Office (KSH) have revealed. The...

Analysis

Hungarian research on job seeking

As job seeking has become a serious issue all over Europe, two French exchange volunteers at Hungarian non-profit organization MediaGo...

In Hungary

MNB: Financial transaction duty not affect payment habits

According to the latest report, published on Thursday (June 5), by the National Bank of Hungary (MNB), the introduction of...

Telco

Hungarian Chemium Biotechnológia winds up R&D project

Hungary's Chemium Biotechnológia has completed a HUF 220 mln project for the development of a device for the diagnosis of...

Conferences

Hungaroring losing popularity against Austrian peer

Ticket sales dropped for the Hungarian Formula One track Hungaroring located in Mogyoród. Apparently the Austrian Grand Prix's Red Bull...

Automotive

Hungarian Suzuki revenue climbs almost 12% in 2013

Japanese carmaker Suzuki's Hungarian unit generated revenue of €1.567 bln last year, up 11.6% from 2012, Magyar Suzuki told MTI...

History

Hungarian government to spend ad tax revenue on upgrading schools

Cabinet chief János Lázár said on Wednesday that the government was seriously considering to accept the advertisement tax bill proposed...

Food

Hungarians follow worldwide trend of not sleeping enough

British universities warn the society to stop ignoring the importance of sleep. Shortening of sleeping can cause serious illnesses like...

Awards

Hungarian lunar Puli Rover to reach the moon

Budapest is hosting the summit of Google Lunar XPRIZE in which 18 teams are competing for valuable prizes. One of...

Banking

Hungarian media companies to protest against advertisement tax

Media companies of Hungary have decided to join their forces in protesting against the advertisement tax bill proposal submitted by...

EU

Hungary to extend plaza ban

Despite the infringement procedure launched by the European Commission in April, Hungary could extend a ban on the construction of...

Analysis

Hungarians a happy medium

Seven out of ten people claim to be happy in the world, research carried out in 2013 by Gallup reveals....

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...