Christian Keszthelyi

Crops

Croatia’s president defends Hungarian fence, urges fence for Croatia

Hungary cannot be blamed for trying to protect its borders, and Croatia needs to protect its own borders Croatia’s President...

In Hungary

USAF to station A-10 in Hungary until the end of the year

Dozens of A-10 Thunderbolt II fighter planes from the United States Air Force (USAF) could arrive in Hungary with hundreds...

Visits

Orbán: Hungary’s leader needs to be brave

Hungary’s greatest problem is its size, more importantly those “who surround us are much bigger”, as such, the countryʼs leader...

Visits

PM reportedly favors Russia over U.S. on leaked tape

In foreign policy, Hungary should concentrate on Germany, Russia and Turkey, not the United States, Prime Minister Viktor Orbán told...

MNB

Government spent private pension funds on state debt

After passing laws to pressure private pension holders to merge their savings with the state system, the government spent almost...

Visits

Orbán backs ‘Google tax’ on tech firms at ITU conference

Pushing an idea the press has dubbed a “Google tax”, Prime Minister Viktor Orbán today told the ITU Telecom World conference that...

History

Politico: Merkel criticizes Hungary’s migration policy

German Chancellor Angela Merkel (pictured) voiced criticism of eastern European countries, and Hungary in particular, in a closed-door meeting with...

Food

TEK investigates phones left behind by refugees

Hungary’s Counter Terrorism Center (TEK) is investigating the contents of mobile phones left behind by “migrants”, former TEK Deputy Director...

EU

AI: Hungary’s treatment of refugees violates international law

The Hungarian government has invested more than €100 mln – triple the amount the state spends yearly on receiving asylum...

History

Government denies it routinely dictated content of TV news

The Hungarian government rejected claims by the deputy CEO of commercial HírTV that the station received orders from officials about...

Int'l Relations

V4 countries, Croatia to discuss refugees in Balaton meeting

Presidents of the Visegrád Four countries and Croatia are meeting today for a two-day-long discussion in Hungary’s Balatonfüred on topics...

EU

EC says 400,000 refugees to be deported from EU

The asylum requests of more than 400,000 refugees who have entered the European Union since the beginning of the year...

Analysis

Invitel extends broadband internet to 160,000 homes

In reaction to fast developing market trends, Hungarian telco Invitel will bring 100 Mbit/sec broadband internet access to approximately 160,000...

History

Deutsch to propose lowering VAT on internet usage to 18%

Value added tax (VAT) on internet usage should be lowered to 18% from the current 27%, Tamás Deutsch (pictured), an...

Government

Árpád Göncz, 1st freely elected president, dies aged 93

Árpád Göncz (pictured), the former dissident and the first post-communist President of the Republic of Hungary, died today aged 93....

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...