Christian Keszthelyi

MNB

Nomura: Hungary’s BUBOR seen falling further

While BUBOR (the Budapest Interbank Offered Rate) is seen falling further, the National Bank of Hungary (MNB) could retain its...

Organization to collect signatures against Olympic bid

Momentum Mozgalom, a Hungarian youth organization, will start to collect signatures this Thursday for a Budapest referendum against Hungaryʼs bid...

Social

Hungarian celeb says Trump invited her to his room in Moscow in 2013

Hungarian celebrity Kata Sarka claims President-elect Donald J. Trump invited her over to his hotel room in Moscow in 2013...

Deals

All EU funds could be disbursed before 2018 elections

The Hungarian government is aiming to disburse all of the HUF 9 trillion available in EU funding in the present...

Analysis

Hungary’s CPI reaches 3.5 year peak in December

Matching the market consensus, Hungary’s CPI inflation indicator was up 1.8% in December, from November’s +1.1%, reaching a 3.5% peak,...

Retail

Gov’t sends pensioners abroad voucher invalid outside Hungary, says RTL

The Hungarian government has sent HUF 10,000 vouchers that cannot be used outside Hungary to more than 32,000 pensioners living...

MNB

Hungary announces end to residency bonds

The sale of residency bonds, the subject of some controversy lately, is coming to an end, as Hungaryʼs Government Debt...

Crops

Security chief blames NGOs for migrants at border

Due to misinformation spread by “civil organizations” that Hungary is opening up its borders, more and more “migrants” have set...

History

CIB Bank absorbs factoring arm for better services

CIB Bank Hungary is planning to further strengthen its factoring activity in Hungary this year through merging CIB Faktor Zrt....

Ratings

Optimistic views on expected eventful 2017 economy

Pundits are apparently optimistic about 2017 as far as the economy and its processes are concerned. However, to be better...

History

TASZ, TI, Helsinki Committee unwelcome in Hungary

The Hungarian Civil Liberties Union (TASZ), Hungarian Helsinki Committee and Transparency International are among the NGOs that the current Hungarian...

Deals

Hungary’s M&A market sees fundamental change

Rules on mergers and acquisitions are being fundamentally changed in Hungary with recent amendments to  competition law passed by Parliament...

History

Government on offensive against NGOs with draft bill

The Hungarian government is drafting a bill that would require the leaders of NGOs to publish their financial statements, according...

Youth org seeks referendum against Olympic bid

Momentum Mozgalom, a Hungarian youth organization, has launched a campaign against Budapestʼs bid for the 2024 Summer Olympics, entitled NOlimpia,...

Analysis

Hungarian firms take up fight against ransomware

Companies operating in Hungary have spent almost HUF 500 million on measures to protect against malicious ransomware in the past...

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...