Christian Keszthelyi - Budapest Business Journal

Conferences

Challenges Face FMCG Labor Market, Despite Growing Wages

The labor market for the Hungarian fast-moving consumer goods sector has seen a raft of wage increases promised for this...

Retail

Tesco Shrugs off Speculation to Remain Hungary’s Retail King

Tesco Hungary remained at the top of the local FMCG market with its gross turnover for the last year of...

Competition

Market Talk: Private Medical Care an Increasingly Healthy Market

The private healthcare sector appears to have reached a tipping point, and what earlier used to be the privilege of...

Analysis

Shorter Waiting Times, Proper Care Lead Patients to go Private

Patients are increasingly abandoning public healthcare in favor of the private sector. Currently, two-thirds of Hungarian citizens have had at...

Competition

Depersonalization Could Aide Hard-to-implement GDPR

One year on from the introduction of EU-wide GDPR regulations, the Budapest Business Journal asks local legal experts how implementation...

Crops

Real Estate Sector Rules Moderating M&A Sector in 2018, Says EY

Although the mergers and acquisitions market appeared to be moderating in 2018, the number of foreign investors grew compared to...

Automotive

Looking to Continue Cruising in Top Gear, Despite Road Bumps

The automotive sector in Hungary, so often tagged the “engine” of the local economy, reached its highest rate in March...

Pharma

Despite IT Aides, Humans Still Rule Recruitment

Although the recruitment industry appears to be a slow adapter of the latest technological innovations, openness to such tools can...

Deals

Blue- and White-collar Employees Harder to Find

While some sectors appear to carry the right amount of talent supply, others face a serious labor shortage in Hungary,...

Conferences

TechEmbassy Brings IT Talents, Employers Together

An enthusiastic group of young IT professionals based in Budapest called TechEmbassy has created a vision to establish opportunities for...

Competition

Robust Mobile Network Anticipates 5G Launch

Boasting a mobile network of outstanding quality by European and global comparison, Hungary is at the brink of a huge...

History

Despite U.S. Concerns, Huawei Doing Well in Hungary

Amid security concerns and increasing controversy between the United States and Chinese tech giant Huawei, the Hungarian branch says misinterpretation...

Deals

Logistics Sector Sluggish in Adopting High-Tech Solutions

As much as technological innovations take all sectors by the storm, disrupting how we think about processes down to their...

Tourism

Airport Continues to see Double Digit Cargo Growth

After cargo operations at Budapest’s Ferenc Liszt International Airport returned another record in 2018, hopes are high that this year...

Office Market

Tenants Keep Requirements High in a Booming Office Market

The office property sector has seen the vacancy rate dropping to record lows. Tenants are still, however, raising the bar...

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...