Christian Keszthelyi

Initiatives

Info campaign outside Hungary to cost HUF 1 bln

Prime Minister Viktor Orbán ordered the allocation of HUF 1.016 bln from this year’s state budget to launch an information...

Tourism

KSH: Hungary’s jobless rate drops to 6.8% in May-July

The average unemployment rate among Hungarians between the ages of 15 and 74 dropped to 6.8% in May-July, down from...

History

Truck found with 70 dead may belong to Hungarian firm

A Hungarian firm may be the owner of the truck with Hungarian license plates that was found yesterday on the...

Awards

Lázár: Government to sell 300,000 hectares of farmland

The Hungarian government has decided to sell 300,000-380,000 hectares of state-owned farmland to farmers who are Hungarian citizens and reside in...

History

Report: At least 20 found dead in truck; they were probably refugees

At least 20 dead bodies were found in a truck with Hungarian license plates that was abandoned on the Austrian...

History

Another record: 3,241 refugees detained in Hungary

A record 3,241 refugees were detained by the Hungarian police yesterday, with the majority found in Csongrád Country, including 698...

Deals

One injured in blast at Richter plant in Budapest

An explosion this morning at Gedeon Richter’s Hungarian plant in the Kőbánya area of Budapest left one person seriously injured...

Analysis

Report: Hungarian police use tear gas on refugees in camp

The Hungarian police retaliated against approximately 200  “angered” refugees this morning by using tear gas at a refugee camp in the...

Deals

Invitel receives ISO/IEC 20000-1:2011 certificate

Hungarian telco Invitel has been awarded the ISO/IEC 20000-1:2011 certificate, which is valid for a three-year period and relevant to...

Tourism

BBC: Hungarian railway station ‘feels like a refugee camp’

More than 120,000 refugees have entered Hungary since the beginning of the year, and Keleti (Eastern) Railway Station has become...

Crops

Report: Record number of refugees arrive in Hungary

A record 2,553 refugees landing in Hungary were taken into custody by police yesterday, including 555 children, Hungarian online daily...

Retail

Morgan Stanley distributes 817 refurbished computers in Hungary

The Budapest office of Morgan Stanley refurbished and donated 817 computers to Hungarian educational institutions, children’s hospitals and aid organizations...

History

BP mayor: Single transit zone planned for refugees

Budapest Mayor István Tarlós told state-owned Kossuth radio today that the establishment of a single refugee transit zone in the...

Tourism

Air France plane returns to Budapest on suspicion of fire

Pilots of an Air France Airbus A319-100 aircraft encountered smoke and fumes in the cockpit, donned their oxygen masks, declared Mayday...

History

TI: Prosecution not free from political interference in Hungary

The de facto safeguarding of prosecution from political interference is not provided for in Hungary, Transparency International (TI) says in its...

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...