Christian Keszthelyi

Visits

Orbán says Europe lost its global position

The European Union is losing its global leading position with the United Kingdom’s pending exit from the bloc, Hungary’s Prime...

Conferences

Varga cools his tone on idea of Hungary adopting the euro

Just a few days after Hungary’s National Economy Minister Mihály Varga projected the possible adoption of the euro in Hungary...

History

Cabinet split: Lázár leads strategy, Varga handles economy

Under the new division of the Hungarian cabinet into two entities, Prime Minister’s Office chief János Lázár will head the...

Crops

Austria says it is ready to build fence if necessary

Austria has made all the necessary preparations to erect a fence along a 100-kilometer stretch of its border with Hungary...

History

Uber Hungary to hold farewell convoy Saturday

On the day when US-based ride-sharing application Uber is suspending Hungarian operations for an unspecified period due to stricter regulations,...

Industrial

Immofinanz signs leases for 40,000 sqm in Hungary

Since the beginning of the year, real estate firm Immofinanz has signed lease agreements in Hungary for property of a...

Tourism

New highway code may force drivers to retake exam

As work on Hungary’s new and simpler highway code is expected to reach its end soon, drivers who already hold...

Transport

Wizz Air gains IATA IOSA benchmark

Hungarian low-cost airline Wizz Air has passed the Operational Safety Audit (IOSA) of the International Air Transport Association (IATA), considered...

History

Dolderer wins Red Bull Air Race in rainy Budapest

German Matthias Dolderer won the historic 70th Red Bull Air Race in Budapest Sunday, tightening his grip on the lead...

Sights

Healthy trees to be spared the axe in City Park

No more healthy trees will be cut down in Budapest’s City Park during the renovations taking place in the area;...

History

Ministry: Uber quits Hungary rather than be legal

Hungary’s National Development Ministry alleged in announcement today that U.S.-based ride-sharing application Uber would rather leave the country than engage...

History

Uber gives up fight, quits Hungary

U.S.-based ride-sharing service Uber said today it is leaving the Hungarian market after months of demonstrations by taxi drivers led...

Food

Porcelain war: Court rejects Ledina Kerámia registration

A court rejected the registration of Ledina Kerámia, a company established by porcelain manufacturer Zsolnay’s minority owner, the local council...

Initiatives

Ten Hungarian companies among LSEG’s 1,000 most inspiring

Ten Hungarian companies were selected among the 1,000 most inspiring companies in Europe, the first edition of London Stock Exchange...

Int'l Relations

KPMG: Hungary does a great job of using EU funding

In the 2007-2015 financial cycle, Hungary’s performance in terms of calling down European Union funds stands out in the CEE...

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...