Christian Keszthelyi

Innovation

GE Healthcare Recruits Hungarian AI to Support Medical Infrastructure

GE Healthcare leaders tell the Budapest Business Journal how the Edison platform, named for the company’s storied inventor-founder, aims to...

Analysis

COVID Helps Insurance M&A, Hurts Banking Mergers in CEE

Mergers and acquisitions activity and competitiveness in the Central and Eastern European insurance market appears to have remained undimmed in...

Retail

Enthusiasm for Sales may Light up Christmas Shopping Spirit

Although COVID-19 has hit non-food and pharmacy retail hard, shoppers’ data during Black Friday discounts could indicate a spending spree...

Innovation

Digitization, COVID Learnings Mold Future of Assurance Service

Taking on a major new role in the midst of a global pandemic certainly adds spice to what is already...

Innovation

Hungary Aims to Mitigate COVID-19 Effects With Investments

Living in extraordinary times, it is important to draw the necessary conclusions and make new regulations that will help Hungary...

Analysis

Hungary’s SSCs may Emerge as Winners After COVID-19

Shared services centers, or business service centers as they are often referred to now, having reached a certain maturity, have...

City

Mayor Promises Businesses Budapest Global Council and a Greener City

Mayor of Budapest Gergely Karácsony is planning to set up a Budapest Global Council to institutionalize cooperation between the General...

Telco

Lockdowns and Social Distancing Lift Phone Use

As people sought refuge from the spreading coronavirus in the beginning of the year, they resorted to their phones to...

Telco

5G Coverage Expanding as Mobile Data Demand Rises

Although fifth-generation mobile connectivity is just starting to unfold in Hungary, some people are already talking about the next generation...

Green Energy

Nuclear Still Dominant as Renewables Gain Further Ground in Hungaryʼs Energy Mix

While renewable energy sources produce an increasing ratio of Hungary’s energy mix, and the country is set to go significantly...

Conferences

IVSZ: Rebooting the Digital Economy is a Priority

The ICT Association of Hungary has taken a survey of 150 CEOs to look into the challenges the coronavirus pandemic...

Automotive

Factors Need Tackling Before EV Mass Adoption can Occur

Electric vehicles sales are picking up and the hunger for this green transportation is real. However, technology-wise, EVs need some...

Analysis

German-Hungarian Automotive, Tourism Sectors Need Quick Restart

With an increasingly global economy, the coronavirus-inspired tagline of “We are all in this together” rings true with the breaking...

Green Energy

Businesses Must Shift to Green Today to Have a Future Tomorrow

The time for businesses, especially small- and medium-sized companies, to think about a shift to renewable energy is here. Industry...

Telco

System Integration can Help Businesses Work Smarter

Although the economic effects of COVID-19 shook the financial performance of system integrators in some cases in the country, 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...