Christian Keszthelyi

Visits

Report: Orbán questions joining the eurozone

Prime Minister Viktor Orbán suggested skepticism about Hungaryʼs entry into the single-currency eurozone in a speech today, during which he...

Competition

Report: New regulations transform Uber into Hungarian taxis

New regulations posted on the website of the Hungarian National Transport Authority today in connection with requirements related to personal...

History

Hungarian government initiates referendum on EU quota plan

The Hungarian government decided today to initiate a referendum on whether Hungarian citizens agree with the European Union’s quota plan,...

Conferences

Green Taxi supports Uber’s Hungarian operations

Green Taxi, the first purely electric taxi company in Hungary, has launched a campaign in support of the Hungarian operations...

EU

Spokesperson: Hungary did not sign on to quota deal

Despite what Hungarian opposition parties say, Hungary’s Prime Minister Viktor Orbán did not sign a measure supporting the quota system...

History

Uber committed to staying in Hungary

U.S.-based ride-sharing service Uber is committed to maintaining its operations in Hungary and is planning to give all the support...

Fidelitas launches ‘Provocateur Observerʼ group

The youth association of Hungary’s ruling party Fidesz, Fidelitas, has launched a new team called “Provocateur Observer” in order to...

Sustainability

Analyst: CSOK will increase home sales, prices

The number of homes sold in Hungary this year is expected to reach 150,000-155,000, as compared to the previous year’s...

Competition

Ministry confirms plan for tax sector watchdog

Hungary’s National Economy Ministry confirmed reports that it is planning to establish a new oversight authority for accountants, tax consultants...

Drinks

Hungarian Dreher Breweries welcomes new manager

Robert Cooper (pictured) was appointed managing director at the Hungarian branch of Dreher Breweries, having taken effect on July 1,...

History

Uber launches petition in Hungary

The Hungarian unit of U.S.-based ride-sharing service Uber is launching a petition among its 110,000 users in the country to...

Int'l Relations

HIPA-advised investments create 12,995 jobs in Hungary in 2015

The Hungarian Investment Promotion Agency (HIPA) advised a total of 67 investment projects over the last year, a 12% rise...

History

Varga: Sectoral taxes stay; banks may get break

The Hungarian government will reject the European Union’s recommendations to phase out sector-specific taxes, Economy Minister Mihály Varga announced today....

Transport

Report: Hungary eyes new national carrier, supported by Russian Sukhoi

Hungary’s National Development Ministry (NFM) has been in negotiations with Russian aircraft manufacturer Sukhoi to launch a new national carrier...

City

Report: Budapest public transport plans ‘surprise’ strike

Workers of Budapest Transport Company (BKV) have set up a strike committee and are preparing to strike after not receiving...

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...