Christian Keszthelyi

Banking

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

Pharma

FDA extends review period for Richterʼs cariprazine to September 2015

The American Food and Drug Administration (FDA) said it needs a three-month extension to complete its review of data supporting...

Ferber: Orbán has gone too far

Hungary’s ruling party Fidesz is looking to gain power in fields beyond politics, such as local councils, and is even...

History

UNHCR encourages Hungarians to get to know real refugees

Beginning next week, the UN Refugee Agency (UNHCR) will encourage Budapest residents to learn more about the extraordinary refugees who...

Visits

Orbán: Hungarians agree that ‘immigration is dangerous’

The majority of Hungarians agree with the government that immigration is dangerous, and the national consultation is designed to offer...

Party Popularity

Ipsos: Fidesz continues to lose support

Although the governing Fidesz party is still the most popular of all Hungarian parties, its support has been waning for...

History

Report: Fidesz could close southern borders

Hungaryʼs ruling Fidesz party intends to draft legislation that would effectively close its southern borders to illegal migrants, following Prime...

History

More than HUF 11 mln raised for anti-billboard campaign

Hungarian organization Kétfarkú Kutyapárt (translated as two-tailed dog party) and Vastagbőr blog have so far raised HUF 11 mln for their...

Retail

Tesco to extend opening hours in Hungary

Approximately 33 units of Tesco in Hungary will extend their opening hours from the current 6:00 AM to 5:00 AM,...

In Hungary

Hungarian police guard controversial billboards undercover

Hungarian policemen were asked to act as undercover agents to guard the newly installed billboards aimed at immigrants, in order to catch activists...

Analysis

Workshop to follow Content Marketing Award 2015

A free workshop on content marketing will be available for all interested and will take place following the presentation of...

Deals

EY Hungary elects new management

The management of EY Hungary is being renewed as of July 1, with Botond Rencz becoming the CEO and István...

Interview

PM: Construction sector, taxation system to be reorganized

In a half year’s time, radical changes would be made to the regulations of the construction sector and the taxation...

Awards

Dentons advises Adris grupa on €550 mln sale

The chiefly Hungarian team of Dentons acted as advisors for Adris grupa in the sale of TDR and other entities...

Transport

Wizz Air’s passenger numbers up 20%

Passenger numbers of Hungarian low-cost airline Wizz Air grew by a year-on-year 20% in May, reaching 1,612,955, while capacity was...

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...