Christian Keszthelyi

Crops

Hungary starts constructing ‘smart fence’

A second fence Hungary is building behind the already existing fence on the Serbian border is a “smart fence” and...

History

Orbán to hold ‘representatives of global capital’ accountable

Hungary’s Prime Minister Viktor Orbán said this morning that “representatives of global capital” need to be made accountable and transparent...

Crops

Hungary to build another fence behind the fence

The Hungarian government has decided to build a “second line of defense” behind the current “technical border fence” erected earlier...

Awards

Jörg Bauer wins BBJ Expat CEO of the Year award

Jörg Bauer, CEO of GE Hungary Kft., has been recognized as the most influential foreign CEO in Hungary by the...

Awards

Jörg Bauer wins BBJ Expat CEO of the Year award

Jörg Bauer, CEO of GE Hungary Kft., has been recognized as the most influential foreign CEO in Hungary by the...

Tarlós to discuss Olympic bid with MOB, government

In the light of the “lack of national unity” in the matter of the capital’s bid for the 2024 Summer...

Budapest withdraws Olympic bid, state channel reports

Budapest is withdrawing its bid to host the 2024 Summer Olympic Games, Hungary’s Prime Minister Viktor Orbán, Budapest Mayor István...

Fidesz blames opposition for Olympic bid withdrawal

The Hungarian government has issued a recommendation proposing the withdrawal of Budapest’s bid for the 2024 Summer Olympics, the Cabinet...

History

U.S. Embassy rejects speculation over ‘coup’ attempt

The U.S. Embassy in Hungary rejects speculation that it may have tried to overthrow the Orbán government, Cultural Attaché Richard...

Sights

NATO ally tried to overthrow gov’t, says MNB governor

György Matolcsy, the governor of the National Bank of Hungary (MNB), said he believes an unspecified NATO ally was trying...

History

Fidesz calls Amnesty ‘pro-migrant agents organization’

Hungary’s governing party Fidesz has described Amnesty International (AI) as a “pro-migrant agents organization” in a statement, accusing the human...

Drinks

Wine trader Veritas buys into pálinka brand

Wine trader Veritas and Péter Bárány, former commercial chief of pálinka distiller Rézangyal Kft., are jointly purchasing 50% of premium...

Awards

Competition Authority blocks RTLʼs Central Media acquisition

The Hungarian Competition Authority (GVH) has blocked the planned acquisition of Central Digital Media, the online portfolio of Central Médiacsoport,...

Drinks

Food association to ask details about Nébih probe

Hungary’s National Association of Food Processors (ÉFOSZ) announced it will contact the Hungarian food safety authority Nébih, after it only...

Food

Farm minister orders Nébih to probe identically branded products

In another turn in the “lower-quality” products scandal, Hungary’s Minister of Agriculture Sándor Fazekas was reported to have ordered Hungarian...

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...