Christian Keszthelyi

History

Deutsch: ‘Internet tax is dead’

The internet tax the government had previously decided to levy on internet users “is dead” and it is a “bad...

History

Report: Fence won’t be completed until November

Although Hungary’s Prime Minister Viktor Orbán said earlier that the wire fence the Hungarian government is building on the Serbian...

Awards

Dentons advises on one of the largest Hungarian property deals in 2015

Global law firm Dentons has advised the seller of a prime real estate portfolio in Budapest – including MOM Park...

City

Budapest Airport offers minibus tender

Budapest Airport launched an open tender yesterday for the provision of minibus services to and from Budapest Liszt Ferenc International...

Sights

Report: Refugee saves life of Hungarian man

Sixteen-year-old Afghan refugee Aziz saved the life of a Hungarian man, who cut the artery in his arm under his...

Sights

Report: Smog alert in Budapest continues

Given that the air in Budapest has high levels of ozone pollution and the weather has not changed for the...

Pharma

Budapest welcomes Eaton shared services center

American power management company Eaton opened a shared services center in Budapest, Eaton regional chief Kurt McMaken and state secretary...

Hotels

CP Holdings confirms Danubius Hotels buyout

CP Holdings Ltd., a U.K.-incorporated company, today confirmed in an announcement the success of the voluntary joint public purchase offer...

Crops

Report: Border fence is ineffective

The Hungarian government is “bound by international laws” to accept migrants once they enter the country, and as the fence...

Sights

Report: Smog alert in Budapest continues

Given that the air in Budapest has high levels of ozone pollution and the weather has not changed for the...

Transport

Record number of aircraft fly through Hungary in July

Aircraft numbers handled by HungaroControl air traffic controllers reached a record 100,856 in July, the company announced today....

Tourism

KSH: Hungaryʼs guest nights up 4.9% in June

The number of guest nights in Hungary saw a year-on-year rise of 4.9% in June, with guest nights spent by...

Analysis

Chairman: I did not design the dog

Tamás Gyárfás, the chairman of the Hungarian Swimming Association, said yesterday on commercial channel ATV that “I don’t know whose...

Social

Sportsgrid: Hungarian mascot ‘has no soul’

International sports news and opinion site Sportsgrid portrayed Hungary’s mascot (pictured) for the 2017 World Aquatics Championships as having “no...

History

CEO of Hungarian media authority resigns

László Zsolt Szabó, the CEO of Hungary’s Media Service Support and Asset Management Fund (MTVA), resigned yesterday from his post...

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...