Christian Keszthelyi

History

Kövér: Hungary backs T-TIP if serves national interests

Hungary will continue to defend its national interests through negotiations of the proposed Transatlantic Trade and Investment Partnership (T-TIP), a...

Transport

Ryanair to launch Budapest-Copenhagen flight

Irish low-cost airline Ryanair is scheduled to launch a daily Budapest-Copenhagen flight as of October 25, the airline announced yesterday....

Sights

PM: I have no ‘official relationship’ with Habony

Hungary’s Prime Minister Viktor Orbán said today at a press conference that the Hungarian government does not employ anyone “with...

Sights

MNB cuts base rate 15 bp, as expected

The National Bank of Hungaryʼs Monetary Council decided at a rate-setting policy meeting today to reduce the central bank’s base...

Sustainability

Report: Global commercial real estate transactions boost Hungary’s in Q1

Preliminary global direct commercial real estate investment transaction volumes reached $148 bln in the first quarter of the year, up...

Food

NAV scrutinizes tobacco shops

During 5,500 audits of tobacco shops last year, Hungary’s National Tax and Customs Authority (NAV) found a total of 700...

Retail

Tesco home delivery reaches Székesfehérvár

The Hungarian units of U.K.-based retail giant Tesco are launching Tesco Online, an online shopping and home delivery service, in...

Recycling

Hungary to submit nuclear fuel management plan

Under a European Union directive to regulate the management of spent fuel, Hungary is required to submit a plan of...

Telco

KSH: Average wages climb 3.4% in February

Both average gross and net wages in Hungary grew by a year-on-year 4.3% in February to a respective HUF 234,367...

Pharma

Alföldi Tej, FrieslandCampina agree on plant sale

Hungarian dairy producer Alföldi Tej and Netherlands-based dairy company FrieslandCampina yesterday signed an agreement detailing Alföldi Tej’s acquisition of FrieslandCampina’s...

Visits

Thousands protest corruption around Hungary

Thousands marched against government corruption yesterday, in Budapest and more than 100 places around the country, in a day of...

Transport

Wizz Air announces Budapest-Tenerife route

Hungarian low-cost airline Wizz Air will launch two weekly flights, on Mondays and Fridays, between Budapest and Tenerife from October...

Pharma

Budapestʼs construction fair attracts 50,000 visitors

Budapest’s annual construction fair Construma, which came to a close yesterday, attracted almost 50,000 visitors this year, according to organizer...

Banking

Report: Orbán less popular despite economic improvements

Despite the remarkable economic turnaround Hungary has seen since Prime Minister Viktor Orbán took power in 2010, the popularity of...

Awards

iGo Navigation free for the next ten days

On the occasion of the tenth anniversary of Hungarian-developed application iGo Navigation by NNG, Hungarians can now download the program...

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...