Christian Keszthelyi

Crops

Orbán: Hungary to build ‘removable obstacles’ on Slovenian border

Hungary is not building a fence on the Slovenian border, only mobile embankments, which can also be used by Slovenian...

Deals

MNB to revamp HUF 20,000 note

The National Bank of Hungary (MNB) is issuing a reworked version of the HUF 20,000 banknote today, according to a...

City

Budapest Airport launches Greenairport Program

Budapest Airport, the operator of Liszt Ferenc International Airport, is launching an environmental protection program, entitled Greenairport Program, in order...

History

Szijjártó: International media ‘not correct’ to Hungary

The international media has “not been correct” to Hungary in its coverage of the country’s actions in the current refugee...

History

Hungary objects to ‘slander’ by Sweden

The Hungarian ambassador in Stockholm today will present a declaration of objection to the Swedish Foreign Ministry for the Swedish...

Crops

Reports: Hungary’s next fence will be on Slovenian border

In its continuing effort to stem the traffic of refugees, Hungary is planning to build a fence on its border...

Crops

Kovács: Hungary is defending, not closing borders

Hungary is not closing its borders but protecting them, in line with “clear regulations set forth by the European Union,”...

History

Lázár: The EU has made a ‘bad decision’

By approving the distribution of refugees among member states, the European Union made a “bad decision” regarding the refugee crisis...

Visits

Orbán: We should ‘consider’ Austrian idea to forgo fences

Hungary’s Prime Minister Viktor Orbán said we should “consider” Austriaʼs suggestion to simply let refugees pass through Hungary on their...

Tourism

Report: Croatia halts Serb vehicles while Serb-Hungary border is shut

As long as Hungary keeps the Serbian border crossing at Horgos-Röszke closed to “migrants from the Middle East”, Croatia will...

Crops

Szijjártó: Temporary border closures could hurt exports

If the “migration pressure” causes a “fracture” in the “Schengen system”, trust in the area will drop and the performance...

Transport

Wizz Air signs leasing contract on six aircraft

Hungary’s low-cost airline Wizz Air signed a leasing contract on six Aibus A321ceo aircraft with China Development Bank Leasing (CDB...

Art

UNHCR compares present refugee crisis to 1956

Urging EU leaders to “unite behind emergency proposals to manage the refugee and migration crisis that is becoming increasingly chaotic...

History

BBC: Orbán wants fund to strengthen Europe’s borders

Hungary’s Prime Minister Viktor Orbán is expected to propose at today’s EU leaders’ summit that each member state should pay 1% of...

Interview

Poland votes in favor of refugee distribution

Despite earlier reports suggesting that the Visegrád Four countries had agreed that the European Union’s refugee distribution system was not...

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...