Christian Keszthelyi

Food

Zsolnay staff leaves en masse, amid fear of liquidation

Some 130 employees of porcelain maker Zsolnay resigned from their jobs effective immediately, abandoning the company for the newly formed...

History

Official claims Greenpeace study questioning Paks is faulty

In reaction to a study by Greenpeace on Hungary’s upgrade of the country’s sole nuclear plant in Paks, government commissioner...

Incubators

Hungarian startup wins competition

Hungarian startup Bookr Kids won the Women Startup Competition Europe 2016, during the closing event of Hungarian innovation festival Brain...

History

Lázár says Orbán did not lie to Germany about number of refugees

Hungary’s Cabinet Chief János Lázár yesterday rejected allegations by German newspaper Bild, claiming that Prime Minister Viktor Orbán conned German...

Banking

Ministry: Brussels ‘practically destroyed’ Hungary’s voucher system

After submitting a bill to Parliament yesterday that would convert a portion of the national voucher system into cash, the...

Visits

Orbán: European leaders face their people

European leaders are coming face to face with their people and pressure in the continent continues to grow, creating a...

Visits

Orbán: ‘Exporting democracy is madness’

The idea of using “our own democracy to bring happiness to people from different cultural backgrounds has failed”, Hungary’s Prime...

EU

OLAF: Big concentration of suspected false claims in Hungary

European Union funds provided to fraudulent claimants last year reached approximately €1 billion, with the biggest concentration of false claims...

Visits

Lázár: Hungary to strengthen defence on Serbian border

As pressure from “illegal immigration” on the Hungarian-Serbian border is increasing, Hungary will strengthen its security on the border, Cabinet...

Int'l Relations

Szijjártó: Hungary won’t ban Soros foundations

As long as civilian organizations abide by the laws of Hungary there is no reason to single them out, Hungary’s...

Competition

M&A activities in Hungary exceed $9 bln

More than 600 merger-and-acquistions transactions were carried out in Hungary in the period of 2010-2015, with a total value of...

Deals

Dr. Rose welcomes new director, announces investments

Dr. László Hangody orthopedic surgeon and professor was appointed the doctor-director of private hospital Dr. Rose in Budapest, the hospital...

History

State secretary: Government wants Uber to ‘line up’

The Hungarian government does not want to ban the operations of U.S.-based ride-sharing application Uber in Hungary, but would like...

Green Energy

Greenpeace: Paks upgrade ‘unviable without state subsidy’

The upgrade of Hungary’s sole nuclear plant in Paks, referred to as Paks II, is unviable without a state subsidy,...

Office Market

Report: 93% of Budapest office buildings older than five years

As much as 93% of Budapestʼs office buildings are more than five years old given that only 22 new office...

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...