Christian Keszthelyi

Ecosystem

HIPA launches investment program for rural settlements

Hungarian Investment Promotion Agency (HIPA) is launching an investor friendly investment program for Hungaryʼs rural settlements as of October, to...

Issues

Lawyers: Border law breaches treaties signed by Hungary

Eighty-eight Hungarian lawyers signed a proclamation published on a Facebook page that was created recently, stating that the “new legislation...

History

Szijjártó: ‘Ponta lost his self control’

Romania’s Prime Minister Victor Ponta (pictured) lost his “self control” and “offended all of Hungary” with his “thoughtless statement” made...

Tourism

Szijjártó: Hungary will expand fence along Romanian border

The Hungarian government has made a decision to expand the wire fence on the Hungarian-Serbian border, and continue it along...

Crops

Report: Refugees trapped inside Hungary, on far side of fence

Serbia is refusing to take back refugees who are rejected by Hungary, creating a situation where, by 1 p.m. today,...

Crops

Police close border at Röszke, Ásotthalom to road traffic

Hungarian Police closed the border crossings with Serbia at Röszke and Ásotthalom, halting road traffic this morning, according to an...

Tourism

Report: Refugees demonstrate, call hunger strike in Röszke

Hundreds of refugees started demonstrating at Röszke transit area after they found out that, even those who entered the country...

History

Kovács: State of emergency declared in counties near Serbia

Due to the refugee crisis, the Hungarian government has declared a six-month state of emergency for two counties near the...

Competition

Report: Hungarian Police give orders to army

As of today, the Hungarian Police will patrol the border at Röszke with the assistance of the Hungarian Army, in...

Crops

Police arrest asylum seekers as new laws take effect

With stricter border laws taking effect as of midnight last night, more police were going to the Serbian border and they...

History

Rogán: Government must declare a state of emergency

Hungary must declare a state of emergency “as soon as possible” because of the massive influx of “migrants” entering Hungary, ruling Fidesz party’s...

Tourism

A record 9,380 refugees arrive before midnight

Yesterday the Hungarian Police registered a record number of 9,380 unauthorized border crossings, Hungarian news agency MTI reported today, citing...

Crops

UNHCR: Hungary transports refugees to Austrian border; no registrations take place

Hungarian authorities do not register refugees arriving to Hungary from Serbia, but transport them to the Austrian border via dedicated...

Crops

Report: Refugees bused from Röszke to Austrian border

Thousands of refugees waiting at the reception center in Röszke, on the Hungarian-Serbian border, have been bused by police to...

Crops

Austria says it will reinstate border control

Explaining that her country is overwhelmed by the flow of refugees, Austrian Interior Minister Johanna Mikl-Leitner (pictured) said today Austria will...

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...