Christian Keszthelyi

History

Ruling Fidesz holds private conference today

Hungary’s ruling Fidesz party is reportedly holding an extraordinary government conference today, in which Prime Minister Viktor Orbán is expected...

History

The Guardian: Hungarian fence is a ‘pointless PR exercise’

The fence currently being built by the Hungarian government on the border with Serbia to stop the influx of immigrants...

Telco

Report: Panic reaches Budapest bourse

The main index of the Budapest Stock Exchange (BSE) BUX index was down 1.74% at 21,734.90 about five minutes after...

History

Immigration office to hire almost 500 workers

Hungary’s Office of Immigration and Nationality is hiring 485 new employees due to the growing influx of migrants into the...

History

Report: Immigrants could pose ‘epidemic risk’ for Hungary

Although there is no threat of an epidemic in Hungary, immigrants arriving to the country could put the country at...

Social

Budapest to host ‘Happiness Week’ in September

The Hungarian capital is scheduled to host the second annual Budapest Happiness Week from September 13-19 – featuring a free...

Crops

Lázár urges ‘extraordinary parliamentary session’ on migrants

Hungary’s governing party Fidesz and its junior alliance Christian Democrat KDNP will be asked to initiate an “extraordinary parliamentary session”...

Awards

Sziget Festival sees record attendance of 441,000

Hungary’s Sziget Festival saw a record number of approximately 441,000 visitors, or "Szitizens" as they are often referred to, arriving...

Sights

C&W: Vacancy rates declining in Hungary

Unlike the situation in Hungary’s traditional competition – Poland and Czech Republic – vacancy rates are  decreasing here, as slow...

Weather

Storm floods the streets of Budapest

Streets and buildings around Budapest were filled with water due to flooding caused by a huge hail storm late yesterday....

Deals

Bloomberg: Two top officials may leave ÁKK

Two top officials working at Hungary’s Government Debt Management Agency (ÁKK), Deputy Chief Executive Officers László Buzás and László András...

Deals

SafeGuard World International opens service center in Budapest

SafeGuard World International (SGWI), a leading provider of global managed payroll, global employment outsourcing and international HR services, is opening...

Conferences

Survey: 45% of Hungarian students plan to leave

Some 45% of Hungarian students are planning their future outside of Hungary, while 39% of young people under the age...

EU

EU excludes Hungary from measures against migration

Hungary is the only European Member state that is being excluded from the EU’s Triton Operation and Poseidon Operation, which...

Distrtict 8 Mayor: Terrorists could be amongst migrants

Opposition leftist parties “need to understand” that “with time, terrorists could emerge among illegal immigrants”, District 8 Mayor Máté Kocsis...

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...