Christian Keszthelyi

Interview

PM: Hungarians don’t realize how good the situation is

Hungarian citizens might not feel it, but it is unprecedented how predictable and reliable the situation is in Hungary, that...

Initiatives

Embassies call for support of LGBT communities

Embassies based in Hungary issued a press release today to show their support to the lesbian, gay, bisexual and transgender...

History

UNHCR intervenes in Hungaryʼs asylum procedure

The UN refugee agency is “deeply concerned” about proposals to amend Hungary’s asylum act and UNHCR is “urging Hungary not...

Analysis

Spokesperson: Marriage is an institution, not a right

Any statement suggesting that the rights of homosexuals are not respected in Hungary is invalid, as they are equally treated...

Awards

Deutsch: Disabled athletes should ‘settle for less’

It is a “bad practice” that disabled Olympic athletes receive the same amount of money for their Olympic Games medals as their “able-bodied”...

Retail

Tesco’s home delivery expands further

Following expansion to Szeged and Székesfehérvár, Tesco’s home delivery services, known as Tesco Online Shopping, became available in Csepel as...

History

Report: Fidesz prepares pro-family campaign

Hungary’s Prime Minister Viktor Orbán ordered ministers János Lázár and Zoltán Balog to prepare a pro-family campaign by August 31,...

EU

EC paves way for abolishing roaming charges

Almost two years after the European Commission put forward its proposal for a telecoms single market, the European Parliament and...

Deals

Microsoft Hungary welcomes new CEO

The Hungarian subsidiary of Microsoft appointed Gabriella Szentkuti as its CEO to take effect tomorrow, July 1, while István Papp...

Figures

KSH: Hungary’s factory gate prices up 1% in May

Hungary’s industrial producer prices saw a year-on-year rise of 1% in May, following a decline that lasted four months, the...

Competition

Law sets fixed fee for ad agencies, promotes transparency

A law recently passed by the Hungarian government sets a fixed publication fee of 15% for advertising intermediaries and calls...

Initiatives

Official: Next yearʼs budget prepares for Greek crisis

The Hungarian government has applied “safeguards” to next yearʼs budget as countermeasures for the possible impact of the Greek crisis...

Competition

Tobacco firms disappointed by ministryʼs rapid rejection

Imperial Tobacco Magyarország Kft., JTI Hungary Zrt. and Philip Morris Magyarország Kft. are “disappointed” by the Ministry of National Development’s...

History

Uber upbeat about government decree

San Francisco-based ridesharing company Uber is still evaluating the latest government decree impacting their drivers here, but they “are encouraged...

EU

Varga: Greek debt issue has minor effect on Hungary

As Hungary’s trade connections with Greece are moderate, precisely 0.4% of export, the country’s debt crisis will have a minor...

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...