Christian Keszthelyi

History

Government to address immigrants on billboards

In an attempt to raise awareness of the national consultation on immigrants, the Hungarian government will place billboards throughout the...

Deals

MASPED elects management board

MASPED Első Magyar Általános Szállítmányozási Zrt., one of the leading logistics firms in Hungary, appointed a management board of seven...

Awards

Wáberer reaches finals of EYʼs World Entrepreneur of the Year

György Wáberer, the founder of Hungarian road haulage company Wabererʼs International, is in the international finals of EY’s World Entrepreneur...

Visits

Orbán: Euro introduction could wait decades

If the Hungarian government has a good fiscal policy and the central bank a good monetary policy then the national...

Visits

PM: Immigration more crucial than death penalty

Reacting to EC President Jean-Claude Juncker’s comment regarding the EU breaking ties with Hungary, Hungarian Prime Minister Viktor Orbán said today...

Interview

PM expects reorganization among state secretaries

The dismissal of ministers is “not timely”, however, there will be changes in the cabinet among state secretaries after the...

History

GKI raises 2015 GDP forecast to 2.5%

Economic research institute GKI raised its projection for Hungary’s GDP growth this year from 2% to 2.5% based on strong...

Issues

Constitutional Court rejects bill on park ownership

The Hungarian Constitutional Court today ruled that amendments approved by Parliament in April to transfer management rights for state-owned land,...

Analysis

Windows 10 available for free from July 29

New operating system Windows 10 will become available for free of charge in Hungary from July 29, in addition to...

History

Varga: Gov’t to seal Budapest Bank deal by December

Hungary’s National Economy Minister Mihály Varga said that the Hungarian government is planning to seal a deal to purchase Budapest...

Report: Lázár may resign if Rogán is promoted

Cabinet Chief János Lázár might resign if Caucus Leader Antal Rogán is appointed as the leader of the Prime Minister’s...

History

Some press excluded from PM’s speech

Left-leaning Hungarian online media outlets were rejected when applying for accreditation to attend Prime Minister Viktor Orbán’s state-of-the-state speech, scheduled...

Awards

Coding competition to open for girls

Skool, an independent Hungarian organization, the University of ELTE and Facebook are jointly organizing a coding competition, entitled Scratchmeccs, for...

Telco

KSH: Unemployment drops to 7.6%

The April unemployment rate in Hungary was 7.6%, which is 0.5% lower than it was a year ago in April,...

Ratings

Moodyʼs assigns (P)Ba1 debt rating to MFB bonds

Moodyʼs Investors Service yesterday assigned a provisional (P)Ba1 long-term foreign-currency senior unsecured debt rating to Hungarian state-owned MFB’s (Hungarian Development...

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...