Christian Keszthelyi

Competition

EuCham launches Kickstarter campaign for GreenAdvisor app

GREENWILL, an EuCham initiative, is launching a Kickstarter campaign for its smartphone app dubbed GreenAdvisor on July 13, with the...

Parliament passes law hindering FOI requests

Using a fast-track procedure that limits debate, the Hungarian Parliament yesterday approved amendments to the Freedom of Information Act that...

Competition

MFT publishes guide to help designers

The Hungarian Form Designer Council (MFT) published a revised Start Up Guide for fresh design graduates in Hungary to help...

In Hungary

Parliament restricts online betting and casino activities

The Hungarian Parliament yesterday approved a bill under which online sports betting in Hungary can only be done through state-owned...

Analysis

Hungary could introduce legislation on drone usage

The Hungarian Parliament is preparing a draft bill to regulate drone usage in Hungary, and a final version could be...

Awards

Hungarian firm wins Microsoft Cloud SMB Partner award

Hungarian IT infrastructure developer Systemfarmer Kft. was awarded the Microsoft Cloud SMB Partner award this year for the second time...

Automotive

KSH: Hungary’s industrial output slows to 1.5% in May

Industrial output in Hungary saw a year-on-year rise of 1.5% in May, slowing from the previous month’s 6.3% increase, the...

Sights

Fast-tracked immigration law legalizes Serb fence

Voting in an expedited procedure without debate, lawmakers approved amendments to Hungary’s immigration act that provide legal grounds for building...

In Hungary

Gyurcsány fires ‘homophobicʼ politician

Ferenc Gyurcsány, former Hungarian Prime Minister and current leader of opposition party Democratic Coalition, fired László Sütő from his party...

Analysis

OSCE: Donʼt change FOI law without consultation

The recently proposed amendments to the Freedom of Information Act of Hungary raise concerns about access to public information, and...

Analysis

New site lets workers rate their employers

Hungarian job-seeking website profession.hu launched its new site entitled munkatarsaim.hu, which translates as “my colleagues”, in order to help job-seekers...

Issues

Two CBA shops slip through Sunday-closing loophole

Two CBA stores near Lake Balaton have been declared outdoor traditional markets, because they sell goods in their parking lots, Hungarian online...

Government

Report: Sunday closure means loss of 2,400 jobs

In April, the first full month following the introduction of the Sunday closure law, approximately 2,400 fewer employees worked in...

Hannes Arch wins Budapest’s Red Bull Air Race

Austrian Hannes Arch finished first at this year’s Budapest Red Bull Air Race yesterday, in a tight race, beating Britainʼs...

History

UNHCR urges Hungary to consider refugee situation

The Hungarian Office of the United Nations High Commissioner for Refugees sent an open letter yesterday to the Hungarian Parliament, asking...

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...