Christian Keszthelyi

Industrial

CPI Retail secures 4,140 sqm in transactions

The retail segment of CPI Hungary signed 4,140 sqm in transactions recently, through its handling of 11 office buildings, four...

Retail

Spar to open three stores at Lukoil gas stations

The Hungarian unit of Austrian retail chain Spar is opening stores at three Lukoil gas stations located in Budapest, Diósd...

Food

Philip Morris, Imperial Tobacco products stay on shelves

Despite reports a week ago suggesting the tobacco products of retailers Philip Morris and Imperial Tobacco could vanish from store...

History

RTL Klub asks Kövér to lift news crew ban

In an open letter to László Kövér, RTL Klub’s News Director Róbert Kotroczó asked the Speaker of the House to...

Retail

MasterCard launches campaign to fight hunger

MasterCard is launching its Priceless Causes campaign across 11 countries in Central Eastern Europe, including Hungary, to support the World...

Analysis

Research: 83% of Hungarian internet users view being online a family program

For some 83% of Hungarian internet users being online can now be a family program that may include social media...

History

MNB officially announces acquisition of Budapest bourse

The National Bank of Hungary (MNB) today officially announced its acquisition of majority stakes in Hungary’s Budapest Stock exchange, adding...

History

PMʼs Office: Paks upgrade does not include state aid

The Hungarian government emphasized that the upgrade of Hungary’s sole nuclear plant in Paks does not include state aid and...

History

EC to ‘carefully assess’ Hungary’s Paks deal

The European Commission has launched an in-depth investigation to “carefully assess” Hungary’s deal to hire Russian nuclear energy company Rosatom...

History

MNB confirms its purchase of Budapest bourse

The National Bank of Hungary (MNB) today confirmed for Hungarian news agency MTI that it has purchased stakes in the...

Visits

Orbán: ‘All terrorists are migrants’

According to Hungary’s Prime Minister Viktor Orbán, although it is not an accepted notion, “the factual point is that all the...

Deals

Report: MNB’s purchase of BSE could cost HUF 13 bln

Following three months of negotiations, the National Bank of Hungary (MNB) performed a buyout on CEESEG AG and Österreichische Kontrollbank...

History

Szijjártó backs Paks deal

Despite the launch of an infringement procedure by the European Commission, Hungary does not need to renegotiate its intergovernmental agreement...

History

RTL Klub news crew banned from Parliament

The editorial team of RTL Klub, Hungary’s largest television channel, has been banned from making recordings in the Hungarian Parliament for...

Analysis

Hungary to raise pensions by 1.6%

The Hungarian government is planning to raise the amount of pensions paid by 1.6%, which is expected to affect 2.6...

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...