Christian Keszthelyi

Visits

Orbán travels to Brussels to discuss Brexit

Hungary’s Prime Minister Viktor Orbán is traveling to Brussels today to take part in the first European Union negotiations on...

Sights

Liget protesters ‘removed’ by riot police

Hungarian riot police arrested some environmental activists and “took harsh action” against others protesting the cityʼs plans to build in...

Food

Porcelain war: Zsolnay account frozen, Ledina Kerámia suspended

In the latest chapter of Hungarian porcelain maker Zsolnay’s liquidation process, minority owner Pécs municipal council has placed a lien...

Int'l Relations

Szijjártó sees no need to rush Brexit talks

Brexit negotiations should not be rushed, and should not take place until all the European Union member states are certain...

History

Varga says Hungary hopes to attract firms fleeing U.K.

The Hungarian government is considering ways to make the country attractive to companies that are looking to leave the United...

Deals

Hungaryʼs central bank prepared for Brexit

The National Bank of Hungary (MNB) has been preparing for both outcomes of the British referendum on whether the U.K....

Visits

Orbán on Brexit: ‘Hungary believes in the EU’

Hungary belongs to the European Union because “we believe in” it, but there are questions Brussels has not been able...

Visits

Orbán: Europe needs ‘change of identity’

The European Union needs to go through a deep change of identity, particularly the European Commission, and establish “fundamental reforms”,...

History

Lázár warns Hungarians in France about security risks

The risk of a terrorist attack in France during the Euro Football Championships has grown, Hungary’s Cabinet Chief János Lázár...

MNB

Commerzbank: MNB could cut base rate further by end-2017

Although the National Bank of Hungary (MNB) might not cut its base rate this year, the central bank could continue...

Tourism

Hungarian job-seeker numbers fall 20% in May

The number of registered job seekers in Hungary at the end of May dropped by 20.2%, from the same period...

Deals

Parliament’s committee to hear testimony in Spéder case

The national security committee of the Hungarian Parliament is scheduled to hear a testimony tomorrow at a meeting regarding recordings...

History

Report: Simicska plans to buy index.hu before Vajna, Habony

Business magnate Lajos Simicska, who has suffered a shrinking media portfolio since he had a public falling out with Hungary’s...

Transport

Official: EU won’t investigate nostalgia train

The Hungarian government estimated that 27-28 passengers would use the nostalgia train recently built in Hungarian Prime Minister Viktor Orbánʼs...

EU urged to probe Felcsút railway, as few use it

European Union bodies have been asked to investigate a tourist railway built in Hungarian Prime Minister Viktor Orbán’s hometown 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...