Christian Keszthelyi

Row brews between mayor and government over Olympics

Talking to media over the weekend, Budapest Mayor István Tarlós rejected suggestions by Fidesz MP Lajos Kósa that the city...

Anti-Olympic campaign gathers twice as many signatures as needed

Youth movement Momentum Mozgalom has collected more than 266,000 signatures, almost twice as many as it needed to call for...

Drinks

Lázár urges scrutiny of multinationals after ‘subjective’ report

The government should launch a probe of identically branded products in Hungary and Austria, Cabinet Chief János Lázár said Thursday,...

Conferences

Lázár promises wage raises at MÁV, Magyar Posta

Salaries will be gradually raised at state-owned companies until 2019, Hungary’s Cabinet Chief János Lázár announced on Thursday, according to...

Awards

Mercedes-Benz scoops HIPA Local Partnership Award at BBJ Expat CEO Gala

“It was a really big surprise and I was not prepared for this,” said Ekkehard Philipp, receiving his Local Partnership...

Issues

ECtHR rules journos cannot be barred from parliaments

In connection to a case involving Macedonian journalists, the  European Court of Human Rights has ruled that journalists cannot be...

History

Hungary places 15th of 43 on LGBT workplace survey

Of 43 European countries, Hungary finished 15th in a study made by Expert Market focusing on the best places for...

Awards

Former GTA executive to open game studio in Budapest

Leslie Benzies, the former president of gaming firm Rockstar – and developer of Grand Theft Auto – is opening a...

Office Market

Atenor sells Váci Greens building ‘A’

International real estate developer Atenor, advised by Cushman & Wakefield Hungary’s Capital Markets Team, has successfully sold Building “A” of...

Int'l Relations

HIPA-advised investments create 17,647 jobs in 2016, agency claims

The Hungarian Investment Promotion Agency (HIPA) advised a total of 71 investment projects over the course of 2016, up 6%...

Crops

Hungary’s border fence might be 6th longest in world

Assuming U.S. President Donald Trump’s planned wall with Mexico gets built, the fence on the Hungarian-Serbian border the government of...

Competition

SSL certification becomes timely for Hungarian websites

As approximately 25-30% of Hungarian websites are thought not to be SSL certified, according to experts, gaining such a certificate...

Visits

Orbán could meet Trump at NATO summit

Hungary’s Prime Minister Viktor Orbán could have the chance to meet U.S. President Donald J. Trump in May, as Trump...

Visits

Putin’s Budapest visit passes smoothly, but draws criticism

Russian President Vladimir Putin’s visit to Budapest Thursday to meet Hungarian Prime Minister Viktor Orbán went seamlessly, with the announcements...

Visits

Putin arrives in Budapest, heads to Parliament

Russia’s President Vladimir Putin, together with his delegation, touched down at Budapest’s Ferenc Liszt International Airport today and traveled on...

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...