Christian Keszthelyi

History

Exchange students mistaken by public for refugees

The Hungarian Police were called out to intercept a group of foreign exchange students participating in the Erasmus program in...

Industrial

Office market closes robust Q3, momentum may linger into next year

Occupier demand remained robust in the Hungarian office market in the third-quarter of the year, a trend Cushman & Wakefield...

Competition

Seeing success, Taxify plans expansion in Hungary

Following almost two months of operations in Budapest, Estonia-based transportation company Taxify has requested that the Hungarian National Transport Authority...

Hungary to lay off 10,000-20,000 in public sector

The Hungarian government is planning to cut the number of workers employed in the public sector by 20%, which means...

Incubators

Budapest-based coffee startup Bariksa hits Indiegogo

Budapest-based coffee startup Bariksa is raising money for its project on Indiegogo, having set a flexible goal of collecting USD...

Retail

Hungarian camerawoman who kicked refugees receives award

Petra László, a former camerawoman who gained international notoriety for a video showing her kicking refugees in Hungary in September...

History

Owner insists Népszabadság shut for business reasons

The decision to suspend publication of Hungary’s biggest left-leaning daily broadsheet, which came out of the blue ten days ago...

Initiatives

Reports voice fears new gov’t foundations to be used to hide public money

Under an amendment passed last week, the Hungarian government will be able to establish foundations which experts fear could be...

History

Népszabadság journalists to publish in homeless paper

Silenced journalists of the abruptly closed national daily newspaper Népszabadság will publish articles in the forthcoming issue of Hungary’s street...

Social

Thousands join anti-gov’t protest, new demo planned

Thousands gathered Sunday on Budapest’s Szabad sajtó útja (Free Press St.) in order to protest against the “theft of freedoms”...

Tourism

Budapest airport sees growing cargo activity

With growing cargo capacities at Budapest’s Liszt Ferenc Airport, the construction of a new dedicated air cargo base is under...

Competition

Criminals target SIM cards of all Hungarian providers

Not only Magyar Telekom but also Telenor and Vodafone SIM cards are thought to be among the approximately 200,000 cards...

HR

Study says Hungarian business still discriminates against women

Hungarian employees, including women, perceive a preference for male leaders in business life, while the wages of female staff still...

History

Talks on selling Népszabadság stall

Negotiations on finding a buyer for left-wing daily newspaper Népszabadság, which was unexpectedly closed down at the weekend, have come...

Food

Hungarians indifferent to politics, OECD study finds

Following the low turnout at Hungary’s referendum on refugee quotas, which fell short of the threshold validating the plebiscite, a...

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...