Christian Keszthelyi

EU

Hungary alleviates EU worries on e-toll

Hungarian government allayed the concerns of the European Commission concerning electronic toll collection (ETC) system. However the government declared to...

Tourism

Russia to observe Hungary from above

Russia has been given permission to carry out two observation flights over the territories of Hungary and Romania between May...

Party Popularity

Eurosceptic parties on the rise

Apparent apathy and disappointment towards the European Union led to the rise of far-right parties causing “earthquakes” at EU polls...

Apathy towards EU on elections

Voting in Hungary has seen record low figures yesterday (May 25) on European Parliamentary elections. Low participation at the ballot...

Drinks

Hungarian brewery wins Kentucky beer competition

Tiny brewery of northeastern Hungary has been awarded with first place at the Alltech Commonwealth Craft Beer Cup, the first...

Conferences

Hungarian algorithm to revolutionize drone technology

Drones of the future are expected to make our everyday lives easier. Technological innovations of unmanned aerial vehicles would enable...

Food

Hungarian companies satisfied with EU membership

More Hungarian companies claim that the country’s European Union membership is beneficial for businesses 10 years after Hungary’s accession, GKI...

EU

Brussels to hold back HUF 170 billion fund

Hungarian public tenders for road construction prescribe that asphalt mixing workshops should be located near the construction site, practically excluding...

MNB

Money provided but not markets

National Bank of Hungary (MNB) and the Hungarian Export-Import Bank Plc. (Eximbank) provides abudant credit sources for corporations, although growth...

Drinks

Tokaji firm’s fraud in America

Seeking success, a Tokaji wine maker exported ‘fake’ wine for American markets. The fraud has generated a court battle between...

Transport

Wizz Air to enter London Stock Exchange

Seeking better financial opportunities, Wizz Air has decided to list shares. Low-cost airline Wizz Air is not in need of...

Initiatives

Possible advent of EXIM Microcredit Card

The National Economy Ministry (NGM) and the state-owned Hungarian Export-Import Bank (Eximbank) would introduce the EXIM Microcredit Card....

Elections

Parties down the home stretch for EP elections

The eighth European Parliament elections start today (Thursday May 21) around the European Union; Hungary is due to vote May...

Party Popularity

Mesterházy likely to “survive” EP elections

MSzP Chairman Attila Mesterházy is said to enjoy the complete support of his party in running for European Parliamentary elections...

Recycling

Intersnack obsessed about Hungarian paprika

Not only Hungarians seem to be enchanted about spice “paprika”, as German-owned snack maker Intersnack has initiated the purchasing of...

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...