Christian Keszthelyi

History

TV2 Group plans to launch ten new channels

Hungary’s second largest commercial channel, which was recently acquired by government Film Commissioner Andrew G. Vajna, is planning to launch...

History

Taxi drivers to block route to airport

Hungarian taxi drivers are planning a protest that will involve driving in a convoy from central Budapest to the capital’s...

History

Uber Hungary launches petition against government measures

The Hungarian branch of U.S.-based ride-sharing service Uber launched a petition asking users to sign in support of the application....

Competition

Lázár defends planned secrecy for state-owned companies

Draft legislation submitted to the Hungarian Parliament that would allow state-owned companies to classify their information and finances will provide...

History

Lázár calls EUʼs refugee quota ‘antidemocratic’

The European Union’s proposal to revoke Hungaryʼs rights to decide who can live in the country is antidemocratic, Hungary’s Cabinet...

Competition

Uber Hungary urges negotiations with ministry

The Hungarian subsidiary of U.S.-based ride-sharing company Uber sent a letter yesterday to the National Development Ministry, asking for an...

History

Nomura: Hungarian government changes financial narrative under pressure

The Hungarian financial narrative is changing, chiefly due to increasing pressure on governing party Fidesz and Prime Minister Viktor Orbán,...

Visits

Orbán: The EU’s plan is a ‘punch in the gut’

The European Union’s proposal to issue a fine to members who are not willing to accept refugees under the EU’s...

Food

Lázár: Hungary eyes unified packaging for tobacco products, could ban menthol cigarettes

Following the European Court of Justice ruling on Wednesday that introducing standardized packages, prohibiting menthol cigarettes and applying special rules...

Analysis

Survey: Number of HD TVs grows, related subscriptions not as much

Although the number of HD television sets in Hungarian households was up 7% to approximately 54% in 2015 as compared...

Deals

Chinese green transport company opens office in Budapest

The European representative office of CRRC Industrial Investment Co. Ltd. opened today in Budapest, Hungary, Wang Gongcheng, the chairman of...

Competition

Hungarian government submits bill proposal practically banning Uber

The Hungarian government yesterday submitted a bill proposal to Parliament that would practically ban the operations of U.S.-based ride-sharing service...

History

Report: MTVA rejects former MTI reporterʼs claims

Hungary’s Media Service Support and Asset Management Fund (MTVA) rejected the idea that the coverage of Hungarian news agency MTI...

History

Hungarians can vote on refugee quotas in September at the earliest

The referendum on refugee quotas will be held in September at the earliest, leaving enough room for “the leftist opposition”...

Visits

Former MTI reporter: Government influences public media

The Hungarian government influences state-owned media to propagate the messages of the leadership, János Kárpáti, a former reporter of state-owned...

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...