Christian Keszthelyi

History

Soros says Hungarian government a ‘threat’ to civil society

At George Soros’s annual media dinner at the World Economic Forum in Davos, Switzerland on Thursday, the Hungarian-born billionaire investor...

Food

Every second Hungarian youngster still lives with parents

More than half of Hungarian young people still live with their parents or in homes owned by their parents, the...

Pharma

Hungary’s tire market to inflate 9% up to 2021

The Hungarian tire market is seen expanding by 9% through 2021, chiefly boosted by continuously expanding automobile production and fleet...

Retail

Scottish pub helps homeless, refugees in Hungary

The Caledonia Scottish Pub in Budapest has been offering thousands of hot meals for the homeless and refugees in Hungary,...

Anti-Olympics campaign draws early support, attacks

More than 10,000 signatures were collected on the first day of a campaign by Hungarian youth organization Momentum Mozgalom against...

Social

HUF 8.6 bln in royalties paid to songwriters, authors in 2016

Artisjus, the association of music composers, songwriters, authors, writers, poets (and their heirs) and music publishers, paid a total of...

Visits

TI video accuses Orbán of nepotism, along with Trump and others

Hungary’s Prime Minister Viktor Orbán has been listed by anti-corruption organization Transparency International among a clutch of world leaders accused...

History

Refugee crisis seen raising discrimination, says African-born Hungarian

Marcelo Cake-Baly, an African-born Hungarian, feels that the refugee crisis has made life different for him as he is often...

History

Bell receives Commanderʼs Cross from Hungary

Colleen Bell, the soon-to-be former U.S. Ambassador to Hungary, has been awarded the Commanderʼs Cross of the Order of Merit...

Retail

Cross-border trade seen growing 19% in Hungary this year

With the constant growth of the e-commerce industry, cross-border trade in Hungary is expected to grow by 19% this year...

Sights

Cinema City loses MOM Park multiplex

Negotiations have come to an end between cinema operator Cinema City and the management of Budapest’s MOM Park shopping mall,...

History

Ambassador Bell posts farewell video ahead of Trump inauguration

U.S. Ambassador to Hungary Colleen Bell has posted a video on the embassy’s Facebook page summarizing her time in the...

Crops

Police recruits ‘border hunters’ in secondary schools

The Hungarian Police is recruiting so-called “border hunters”, a contingent of border patrols, in secondary schools, an announcement on the...

Competition

Half of Hungaryʼs CEOs optimistic about 2017, survey says

Half of Hungarian CEOs are “very optimistic” about their growth prospects in the next 12 months according to early results...

Conferences

Equal pay in Hungary still a half century away, suggests report

Hungary is expected to be the last country in Europe to close the gender pay gap, and this cannot be...

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...