Christian Keszthelyi

Initiatives

Central bank governor proposes audit of foundations

György Matolcsy (pictured), the governor of the National Bank of Hungary (MNB), yesterday proposed the involvement of the State Audit...

History

Hungaryʼs supreme court okays referendum on EU quota system

Hungaryʼs referendum on the EU refugee quota can now be held on the initiation of the government following a Hungarian...

History

Hungarian taxis plan another demo for today

Hungarian taxi drivers are planning another demonstration in Budapest today against ride-sharing services in the capital, which drivers claim operate...

Deals

Hungarian Ivanka eyes American market

Hungarian concrete design company Ivanka showed its latest products at exhibitions in Milan and Chicago in April, according to a...

Competition

Hungarian government’s data requests on Facebook users on the rise

A total of 67 information requests have been fulfilled by Facebook initiated by the Hungarian government this year on the...

Competition

Uber: Hungarian government ‘ruins jobs’

The Hungarian government is “ruining jobs” and “ignores the interests of 150,000 users”, the Hungarian branch of U.S.-based ride-sharing service...

Issues

Lázár: Bigger state presence needed in Hungarian education

As the performance of Hungarian students continues to deteriorate in math and grammar courses, the Hungarian state needs to enhance...

Analysis

Nomura: Hungary’s central bank could cut further

The Hungarian central bank appears to be less dovish than expected, which could signal that the easing cycle has not...

Competition

Uber Budapest offers 50% discount during taxi demo

Shortly after taxi drivers began a demonstration against ride-sharing services in the capital today, Uber, the biggest ride-sharing service in...

Competition

Budapest taxis to block roads in new protest

The Lánchíd bridge was blocked by demonstrating taxis this morning. Approximately 1,000 Hungarian taxis are expected to close the main...

Awards

Journalists quit portal as central bank financing is revealed

So far 11 journalists have announced that they are resigning from Hungarian online daily vs.hu after it was revealed that...

History

Hungarian-German e-plane wins prize at Aero 2016

Magnus eFusion, an electric airplane in development by Hungaryʼs Magnus Aircraft and Germanyʼs Siemens, was awarded an innovation prize at...

Visits

Orbán praises spread of broadband in Hungary

Hungary could become the most connected country in Europe, Hungary’s Prime Minister Viktor Orbán reportedly said this morning, commenting on...

History

Budapest marijuana demo goes up in smoke

After an hour of delays, a few dozen peaceful protesters arrived in front of the Hungarian Parliament building yesterday evening...

Initiatives

More than 1,000 schools join day-long strike

The day-long strike held by Hungarian teachers today was joined by approximately 25,000 people and 1,185 educational institutions, head 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...