Christian Keszthelyi

History

EC finds Altus contract in order

The European Commission officially informed the Hungarian government that everything is in order with the contract awarded to Altus, a...

Visits

Gyulai: Orbán confuses immigrants with refugees

Hungary’s Prime Minister Viktor Orbán has been confusing immigrants with refugees since February, Gábor Gyulai of the Hungarian Helsinki Committee...

Telco

KSH: Gross wages up 4.9% in March

Average gross wages in Hungary saw a year-on-year rise of 4.9%, reaching HUF 247,917 in March, with net wages rising...

Sustainability

Eston opens photo exhibition

Eston International, the Hungarian property advisor, yesterday opened an exhibition containing photos it had received through its photo contest, launched...

Competition

Hungary could introduce ‘family bankruptcy protection’

Hungary’s Christian Democrat Party (KDNP), which is in coalition with the ruling Fidesz party, is planning to submit a bill...

History

Varga: No reason to dismiss tax chief

Ildikó Vida, the chief of Hungary’s National Tax and Customs Authority (NAV), has been performing her job without concerns that...

Food

Ivanka seeking partners in Israel

Leading Hungarian design company Ivanka has its sights set on becoming a well-known concrete brand in Israel, to build its...

Deals

New ad tax could hurt retailers

Retail chains could be required to pay approximately HUF 2 on each catalog, in which they advertise their own products...

Banking

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Awards

Invitel presents InnoMax awards

Hungarian tele- and info-communications company, Invitel today presented its sixth InnoMax awards, the firm’s CSR program, offering the awards in...

History

Hungary could introduce ‘Google tax’

Hungary could introduce an extraordinary levy on “multinational internet-based companies”, commonly referred to as the “Google tax”, Tamás Deutsch (pictured),...

Social

II. Rehab Critical Mass scheduled for May 17

Rehab Critical Mass is organizing its second march on May 17 starting at Clark Ádám tér at 2.00 pm, to...

Tourism

Two demonstrations scheduled this afternoon

Two demonstrations are being held independently but simultaneously this afternoon, in an attempt to raise awareness of Hungary’s health care...

EU

Varga opposes death penalty

Hungary’s Minister of National Economy Mihály Varga is against the death penalty, the minister told Hungarian online daily origo.hu in...

Deals

Tax office scrutinizes Uber in Hungary

Hungary’s National Tax and Customs Authority (NAV) launched an investigation on Hungarian Uber drivers, a few weeks after economy minister...

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...