Christian Keszthelyi

Social

Budapest citizens back Olympic referendum, survey says

The majority of Budapest citizens support a referendum to be held on the capital’s bid for the 2024 Summer Olympics,...

Weather

Red alert: ice threatens Budapest, Hungary

Against the background of a recently issued red alert, the Hungarian capital, indeed the country as a whole, is facing...

Competition

Air quality worsens, info grade smog alert lingers in capital

As the air quality in Budapest deteriorated significantly over the weekend, the “information grade” smog alert is being maintained for...

Crops

Could Hungary build a wall on its Serbian border?

The Hungarian government is considering strengthening defenses on its southern border, possibly even with a “wall,” according to footage released...

Visits

Putin’s flight path to Budapest to be secured by fighter jets

Russian President Vladimir Putin and his delegation will be arriving in Hungary this Thursday on one of three identical planes,...

Visits

Hungary’s Orbán praises Trump, criticizes Brussels again

Hungary’s Prime Minister Viktor Orbán once again praised new U.S. President Donald J. Trump, while saying that in Brussels “the...

History

Right-wing editor calls Olympics referendum backers ‘traitors’

Those who lend their signatures to an initiative for Budapest to hold a referendum questioning the capital’s bid to host...

Sustainability

At least 14,000 new homes expected in Hungary in 2017

This year is expected to be dominated by home buildings, with a total of 14,000-16,000 homes expected to be created...

Analysis

Hungaroring given two F1 test days in 2017

Aside from the Hungarian Grand Prix weekend, the Hungaroring motor racing circuit will see Formula One cars roaring on its...

Visits

Orbán welcomes Trump’s ‘America first’ promise

While recently inaugurated U.S. President Donald J. Trump’s “America first” promise elicited controversy in many quarters for its perceived heralding...

History

Hungary’s corruption index ranking worsens

Hungary dropped from 50th to 57th place on the Corruption Perceptions Index (CPI) of Transparency International (TI) for 2016, reveals...

History

Red Bull rumored interested in Újpest football team

Energy drink brand Red Bull is rumored to be interested in buying Hungarian first division football team Újpest FC, according...

Hotels

TripAdvisor names Aria Hotel Budapest world’s best

Budapest’s Aria Hotel, a 5-star luxury boutique hotel and spa themed after music genres, has been named the world’s best...

Int'l Relations

Ahead of Putin visit to Budapest, Szijjártó travels to Moscow

After a long period of time, “we see that international processes are helping the development of Hungarian and Russian ties,”...

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...