Christian Keszthelyi - Budapest Business Journal

Conferences

Private Healthcare Expands Online

Private healthcare in Hungary has been gradually improving in the past few years, both in terms of the breadth of...

Retail

Sampling ʼNew Normalʼ Business Sentiment

Now that the lockdown and restrictive measures introduced to keep the spread of the novel coronavirus at bay have been...

History

Rule by Decree That Raised Concerns Seems set to End

In its attempts to keep the spread of coronavirus at bay, Hungary introduced a state of emergency in March in...

Conferences

Resilience the Most Significant Lesson From Pandemic

Hungarian innovator (and automotive supplier, among other things) Tungsram is looking at new ways to sustain its business in the...

Recycling

German Giants Ready to Jump Start Post-COVID Catch-up

Due to the impact of COVID-19, Hungary’s economic engine did not so much splutter as come to an abrupt halt....

Conferences

IVSZ witnesses ’worried and insecure’ Hungarian ICT sector

The Hungarian information and communications technology (ICT) industry is “worried and insecure”, Attila Molnár, secretary-general of ICT association IVSZ, told...

Office Market

Well-being becomes cornerstone of office transformation

As we tiptoed into a new decade change has become part of our everyday life. Digital transformation alters office spaces,...

HR

Uncharted Waters: HR in Challenging Times

The economic and business repercussions of the COVID-19 pandemic are hard to assess at this point. Pundits are at odds...

Telco

5G Rollout Starts, Leaving Full Potential Leverage to the Future

Although there are sceptics with adverse feelings, a common phenomenon with emerging new technologies, the tech-savvy maintain high hopes for...

Awards

Fourth Industrial Revolution Aims to Transform Hungary’s Production

As digitalization is an engine of growth that impacts all sectors, the key to economic competitiveness is businesses’ preparedness for...

Banking

Banks Face Financial Burden While FinTechs Stay Exempt

The Hungarian banking sector is still subject to a sectoral tax. While local banks are doing much better today than...

Retail

Banks Rush to Embrace Digitalization to Trump FinTech Competition

While banks are closing branches internationally and the tech-savvy predict FinTechs could well dominate the financial competition, the reality shows...

Banking

Flat Corporate Income Tax Re-energizes Hungary’s Business Scene

The corporate tax rate, lowered to 9% in January 2017, is not only making the country look more attractive to...

Banking

Hungary’s Tax Morale Improves, but Still Average for the Region

Hungary’s tax morale, the willingness of people to pay, was traditionally regarded as poor, which fits into the region’s communist-era...

Office Market

Get Ready to say Goodbye to the Open Plan Office

This decade, offices are expected to transform drastically. It is not only the changing generations that are driving this rejuvenation,...

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...