Christian Keszthelyi

Incubators

Indiegogo-funded startup book hits the shelves

Hungarian entrepreneur Attila Szigeti has recently published his Startup Studio Playbook - which promises the chance to "learn how to...

Elections

Majtényi accepts nomination to run for presidency

Jurist and university lecturer László Majtényi has accepted his nomination by a group of citizens to run for the presidency...

Tourism

Labor shortage may worsen for decades, expert says

Despite improving unemployment and employment indicators, Hungary is losing approximately 40,000-50,000 workers annually due to the shrinkage of the working-age...

Weather

Heavy winds to blow in blizzard, extreme cold

A first-grade alert has been issued for the western and eastern parts of Hungary due to extreme weather conditions this...

Hungary further boosts Olympic bid spending

Budapest 2024 Nonprofit Zrt., the company responsible for organizing Hungaryʼs bid for the 2024 Summer Olympics, has raised expenditure for...

Pharma

Hungary ready to fly through the clouds

Hungary’s cable network conditions are adequate, while mobile network technologies are excellent for the introduction of advanced cloud-based applications, according...

Deals

MOM Park says new operator to take over multiplex

Although Andrea Buda, marketing director of movie theater operator Cinema City, reportedly told Hungarian news agency MTI that the company...

History

Fidesz to meet in Visegrád in February

Hungary’s Prime Minister Viktor Orbán will reportedly hold a closed-door meeting of governing party Fidesz to kick off the year...

MNB

Market reaction to MNB decision ʼoverdoneʼ , Nomura says

Market reaction to the National Bank of Hungary’s (MNB) decision to keep rates unchanged, as expected, and reduce the 3m...

Analysis

MNB’s macro view changes little, CIB Bank says

The macroeconomic view of the Monetary Council of the National Bank of Hungary (MNB) has changed little, according to a...

Deals

MNB raises 2017 GDP growth forecast to 3.6%

Although the National Bank of Hungary (MNB) has upped its GDP growth forecast for next year to 3.6% from the...

Deals

Ecomin bullish in raising 2017 GDP growth forecast to 4.1%

Hungary’s Ministry for National Economy expects the country’s GDP growth to accelerate, exceeding 4% in 2017, according to Hungarian news...

Competition

Hungarian DO-Q-MENT partners with IBM

Hungarian document management company DO-Q-MENT has moved the operation of its services from its own storage to IBM Cloud, stepping...

Retail

Black Friday sales growing in Hungary, research says

A total of 2.1 million adult internet users made purchases on Black Friday, out of a population measured at 9.8...

History

Orbán sends condolences to Putin on Ankara attack

Hungary’s Prime Minister Viktor Orbán has sent his condolences to the President of the Russian Federation Vladimir Putin, following the...

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...