Christian Keszthelyi

Report:

Budapestʼs bid for organizing the Olympic Games carries a "very high risk of corruption", István János Tóth, the director of...

Report: Charge to drive in Budapest may await elections

Though officials have been discussing congestion charges downtown Budapest for a few years, the Hungarian government is not expected to...

History

Spokesperson: Hungary praised in private in Brussels

Many people in Brussels admire and praise Hungary in private but “castigate” the country in public, Hungary’s government spokesperson Zoltán...

History

Bell calls corruption a ‘serious concern’ in Hungary

Corruption is a world-wide issue and is a “serious concern” for Hungarians, according to public polls, U.S. Ambassador to Hungary...

Competition

Hungarian taxis demonstrate again in Budapest

As promised, Hungarian taxi drivers are carrying out another demonstration today, and will demonstrate every Tuesday until the government bans...

History

Szijjártó: Bill Clinton ‘can’t insult the Hungarian people’

Nobody, not even former U.S. President Bill Clinton can “take liberties with Hungarians by insulting them”, Hungary’s Minister of Foreign...

History

Bill Clinton blasts ‘Putin-like leadership’ in Hungary, Poland

Speaking at a campaign event for his wife Hillary Clinton, former U.S. President Bill Clinton criticized Hungary and Poland for...

History

Government launches another billboard campaign on refugee issue

The Hungarian government has launched another billboard campaign to promote its referendum against the European Commission’s plan to require every...

Competition

Passengers plan demo against taxis

To voice their discontent regarding the growing number of demonstrations being staged by Hungarian taxis drivers in the capital, nearly...

EU

Szijjártó calls EU proposal ‘blackmail’

Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó called the European Union’s proposal to fine EU members who refuse...

History

Lázár deems Brussels’ proposal ‘unacceptable’

Brussels’ decision to require EU members to pay a fine if they refuse to receive refugees under the European Commission’s...

EU

Law would ban e-cigarettes from workplaces in Hungary

The Hungarian government is planning legislation to restrict the usage of electronic cigarettes, banning them from workplaces and playgrounds, Hungary’s...

Analysis

Hungarian legislation enables encrypted communication

Despite earlier expectations, legislation passed by Parliament yesterday to fight the spread of terrorism, does not ban the use of...

Automotive

Hungarian sales lift AAA Autoʼs performance in Jan-Apr

Sales at AAA Auto were up 13.2% in the period of January-April as compared to the same period a year...

Awards

Legislation would ban fully encrypted communication

Parliament is expected to vote today on a legislative amendment that would practically prohibit anyone from using communication applications in...

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...