Christian Keszthelyi

Transport

Seven Budapest Lufthansa flights stay grounded on strike

A total of seven Lufthansa flights are staying grounded in Budapest today due to the continuing international strike of pilots...

Awards

Winners of Best Workplace for Women Award announced

The Association for Women’s Career Development in Hungary (AWCDH) acknowledged the best workplaces for female workers in the country at...

Competition

Hungary’s Islamic community calls on court to investigate decree banning burka

The Hungarian Islamic Community has asked the Constitutional Court to investigate a local government decree passed in the border town...

Tourism

Lufthansa flights take off today, strikes set for Tue, Wed

Although Lufthansa’s flights have been reported to take the airfields today, including Budapest flights, other strikes have been scheduled for...

Visits

Trump: ‘I’m a big fan of Hungary’

During his telephone conversation with Prime Minister Viktor Orbán, President-elect Donald J. Trump expressed his thanks for the support of...

Competition

Trust not enough to prevent abuse in SMEs, EY warns

While 75% of leaders of Hungarian SME believe trust in their employees is enough to preventing mishandling and abuse, 5-7%...

Conferences

Diversity can lead to more business success

Employing a diverse staff in terms of ethnicity and gender can pay of, as a recent survey shows such businesses...

Telco

MNB unhappy about BUBOR pace, Nomura says

Commenting on the surprise cut the overnight lending and one week collateralized lending facilities to 0.90%, London-based analysts of Japanese...

Visits

Trump tells Orbán he appreciates Hungary, PM says

Donald J. Trump “has made it clear” that he appreciates Hungary, Prime Minister Viktor Orbán told Hungarian daily Világgazdaság, the...

History

Hungarian border village bans wearing the burka

The Hungarian border village of Ásotthalom has passed a decree banning the public practice of the Muslim faith – such...

Transport

Pilots extend Lufthansa strike to Friday

Vereinigung Cockpit (VC), the union representing Lufthansa’s pilots, has extended its strike to Friday for all affected flights within Germany...

Analysis

MNBʼs O/N and 1W lending rate changes surprise

Although the decision of the Monetary Council (MC) of the National Bank of Hungary (MNB) to leave its main policy...

Transport

Lufthansa strike grounds Budapest flights

Four Budapest-Munich and four Budapest-Frankfurt flights scheduled today have been canceled by German airline Lufthansa, out of a total of...

Interview

Class FM goes off air, heads online

Class FM, Hungary’s most popular commercial radio channel, lost its analog signal on Saturday, and has gone silent, or more...

Telco

Analysts eye MNB’s 3M depo

The Monetary Council (MC) of the National Bank of Hungary (MNB) is expected to keep its base rate unchanged tomorrow;...

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...