Christian Keszthelyi

Visits

Orbán: Despite EC probe, Hungary will stick to Paks deal

Despite an EC investigation into the no-bid contract for the project, the Hungarian government is committed to having Rosatom implement...

Telco

MVM NET mobile network to start operating from January

MVM NET, a recent state-owned player entering the mobile network services market in Hungary, is expected to launch operations of...

Food

Philip Morris, Imperial Tobacco products likely to vanish

The tobacco products of retailers Philip Morris and Imperial Tobacco are expected to disappear from shelves soon as the two...

Visits

Hungary holds day of grief for Paris tomorrow

The Hungarian government ordered a national day of grief tomorrow, to mourn for the victims of the attacks in Paris,...

Visits

Hungary strengthens defence after Paris terror attack

Hungary’s National Security Cabinet early this morning decided at an extraordinary meeting following last nightʼs terror attacks in Paris to...

Deals

Budapest transport company to lay off 111

Budapest transport company BKV is planning to lay off 111 of its employees as of the beginning of next year,...

World

Soros receives Order of Freedom award

Hungarian-born business magnate and philanthropist George Soros has been awarded the Order of Freedom by Ukrainian President Petro Poroshenko, online...

Visits

Orbán: Left sees migrants as new voters

Prime Minister Viktor Orbán said the arrival of migrants to Europe from the Middle East and Africa may be part...

Competition

Uber celebrates one year in Budapest

San Francisco-based ridesharing application Uber celebrates the first anniversary of its operations in Budapest, Hungary today, according to an announcement...

Competition

Government’s requests on Facebook users grow

A total of 185 information requests were made by the Hungarian government to social media network Facebook regarding 224 users...

History

Gerkens: I would like to build another ‘Lego tower’

Dirk Gerkens, the former CEO of Hungaryʼs largest commercial TV channel RTL Klub, accepted government commissioner Andrew G. Vajna’s request...

City

Budapest Airport halts departures due to IT failure

Budapest’s Liszt Ferenc International Airport halted all departures this morning at Terminal 2, its only passenger terminal, due to IT...

Visits

Soros: Orbán is ‘attacking my views’

Hungarian-born business magnate George Soros said he and his organization stand by their principles, even if they are opposed by...

City

Budapest Airport departures resume

After several hours of halted service due to an IT infrastructure failure this morning, departures at Budapest’s Liszt Ferenc International...

History

Report: Erste could withdraw from deal with government

Erste Group Bank AG could withdraw from a deal to sell a stake in its Hungarian unit to the Hungarian...

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...