Christian Keszthelyi

Leaked bill suggests government aims to control billboard market

A draft bill leaked to online news portal index.hu indicates that the Hungarian government may be planning to restructure the...

History

Silenced Népszabadság staff committed to continue

Following the dramatic closure of Hungary’s largest-circulation left-leaning newspaper Népszabadság by the publisher on Saturday, and after failed negotiations between...

History

Népszabadság staff continue work, plan legal steps

After negotiations on selling Népszabadság were called off yesterday after the owners cited illness, the silenced journalists of the left-leaning...

Industrial

Retail sales turnover keeps growing on Sunday trading

Although less than a year has passed since the Hungarian government abolished its law prohibiting major retailers from opening on...

History

Orbán aims to legitimize referendum result

Hungary’s Prime Minister Viktor Orbán is expected to bring proposed changes to the country’s Fundamental Law (constitution) before Parliament, in...

History

Hungary to bolster regulations following SIM card scandal

The Hungarian government is planning to introduce stricter regulations for purchasing SIM cards in the country, after a scandal suggesting...

Office Market

Budapest office market gains momentum, lifted by renewals

Budapest’s office market has certainly been gaining momentum, chiefly due to recently renewed buildings, as new tenants are seen to...

Visits

After invalid referendum, analysts eye fiscal policy

With last Sundayʼs Hungarian referendum on EU refugee quota plans garnering only approximately 40% of cast and valid votes, governing...

Analysis

Hungary’s M&A market shrinks 9% in H1

Although Hungary has seen a stable mergers and acquisitions (M&A) market in the first half of the year, a total...

Elections

Despite invalid referendum, government claims success

Hungaryʼs referendum on EU refugee settlement quotas ended as invalid Sunday, with only about 43% of Hungarians eligible to vote...

Referendum seen having ‘little impact’ on markets

In terms of economic implications, pundits see little impact from the outcome of Hungary’s referendum on the EU’s refugee quota...

History

U.S. Ambassador Bell denies reports she is stepping down

U.S. Ambassador for Hungary Colleen Bell today denied a report in the Hungarian daily newspaper Magyar Nemzet that she is...

Industrial

Industrial real estate vacancy rate drops to 6.6%

While the overall vacancy rate on the Hungarian real estate market has been dropping, and is down to 6.6% for...

Retail

BP announces opening of new SSC in Szeged

British multinational oil and gas company BP is opening a shared service center (SSC) in Szeged, where the company is...

MNB

Nomura analysts expect BUBOR at 0.7% this year

While many factors and a number of scenarios should be considered when trying to forecast where the BUBOR rate of...

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...