Christian Keszthelyi

MNB

Bank Sector Improves Despite Challenging Times

The Hungarian banking sector has been on an upward curve recently, with record profits. Banks expect lending activity to pick...

Office Market

Property Developers see Tech as a Blessing, Not a Curse

You might think disruptive technological solutions increase the challenges for property developers in order to meet the requirements of offering...

Banking

Hungary’s Tax System Stable but Administration-heavy

Although the administrative side of the Hungarian taxation system might be daunting, the local tax environment is stable, Róbert Heinczinger,...

History

Media oligarch vows to fight government

Lajos Simicska, the media oligarch whose empire has thrived since Fidesz took power in 2010, today publicly broke with the...

Crops

Hungary extends state of emergency as Croatia shuts borders

After more than 11,000 refugees entered Croatia since Wednesday, that country said yesterday it was temporary closing its Serbian border...

Conferences

Doherty Hungary Sees Healthy Automotive Sector in Hungary

The car making and associated industries are key players in the Hungarian economy. Largely in response to the dynamic automotive...

Retail

Navigation firm NNG puts out poem book for kids

Hungarian navigation software developer NNG has issued a free digital poem book introducing 12 important IT professions, aiming to show...

Weather

Expanding Insurance Sector Signals Economic Growth

The Hungarian insurance sector saw a record year in 2017, shattering the glass ceiling of a historic figure that dates...

History

NNG Sees Shifting Priorities for Automotive Industry

Hungary-based navigation company NNG says innovation in the automotive industry is growing hugely here, President and co-founder David Wiernik talks...

Retail

Christmas Carries Annual Toy Market on Shoulders

Christmas in Hungary is expected to generate half of the total HUF 45 billion revenues in the toy market this...

Deals

Late-blooming Real Estate Industry Catching up With Innovation

The construction industry is something of a late-bloomer in terms of applying innovative approaches and state-of-the art technologies. Customer demands,...

Conferences

Innovation Helps Haul Waberer’s on Road to Success

A driver shortage in the transportation industry is spurring revolutionary changes, Hungarian haulage company Waberer’s tells the Budapest Business Journal....

Competition

Telenor’s Chatbot Educates Kids About Internet Usage

Telco Telenor Hungary has recently launched a chatbot to help educate Hungarian youths about conscious surfing. Already, thousands of youngsters...

Transport

Innovation Fuels Wizz Air’s Future Flight Path

Hungarian low-cost airline Wizz Air says that innovation plays a critical role in the company. The so-called ultra-low cost carrier...

Retail

LEGO Building Innovative Future Brick by Brick

Since its handover in 2014, LEGO’s additional brand new Hungarian plant in Nyíregyháza has been an important hub in the...

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...