Christian Keszthelyi

Initiatives

Teacher demonstrations in 10 cities oppose centralization

Thousands of Hungarian teachers, and supporters of their cause, rallied simultaneously in ten Hungarian cities yesterday, to demand the closure...

Hotels

InterContinental Budapest receives Green Globe Certificate

Hungaryʼs InterContinental Budapest had been awarded the Green Globe Certificate in recognition of its green commitment, making it the first...

Telco

evopro to develop hybrid trolley buses

Hungarian evopro systems engineering launched a HUF 1.4 bln project to develop a hybrid trolleybus that will be able to...

Tourism

Reports: Four apprehended in attack of Hungarian Uber driver

An Uber driver in Hungary was beaten up by six assailants, of whom two were reportedly taxi drivers, on Friday...

Competition

Budapest’s taxi demo ends as government promises changes

Taxi drivers demonstrating against the Hungarian operations of U.S.-based ride-sharing service Uber concluded yesterday, after representatives were received by State...

Competition

Government supports taxi drivers protesting Uber

Although the Hungarian government decided after a cabinet meeting yesterday to side with taxi drivers rather than the Hungarian operation of...

In Hungary

MEP: Hungarian taxi demo could backfire

Although everyone has the right to demonstrate, to show their opposition to issues that affect them, the case of the...

Tourism

Some taxi drivers commit to demonstration until tomorrow

Although the number of taxi drivers protesting against U.S.-based ride-sharing application Uber has dropped to approximately 40-60, some are still...

History

Orbán: Mandatory military service will not be reinstated

Commenting on recent discussions about Hungaryʼs mandatory military service, Hungarian Prime Minister Viktor Orbán said that this service will not...

Deals

Taxi drivers demonstrate against Uber in Budapest

Since early this morning, approximately 100 taxi drivers have been demonstrating against the Hungarian operations of San Francisco-based ride-sharing service...

Competition

With no agreement, taxi demo continues

As the delegation of taxi drivers protesting against U.S.-based ride-sharing service Uber’s Hungarian operations could not reach an agreement with Budapest...

History

Hungary signs €60 mln tied-aid deal for oncology hospital in Vietnam

Hungary yesterday signed a €60 million tied-aid agreement to support the construction by Hungarian companies of a 500-bed hospital for cancer...

History

Government plans new type of state of emergency

Hungary’s ruling Fidesz party called a five-party negotiation this afternoon on their proposal to let the government declare a “state of terror...

History

Report: Hungarian ambassador urges NYT to print correction

Réka Szemerkényi, Hungary’s ambassador in Washington, asked the New York Times in a letter to correct a piece it carried...

History

Bakondi: Compulsory army recruitment unnecessary in Hungary

While news surfaced that the Swedish Interior Minister is planning to reinstate compulsory military recruitment, Hungary is not in need...

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...