Christian Keszthelyi

Telco

Insurance fees rise following brokerage scandals

Annual fees for services of the National Deposit Insurance Fund (OBA) and the Investor Protection Fund (Beva) are expected to...

City

Budapest Airport traffic up 5% in Q1

Take-offs and landings at Budapest’s Liszt Ferenc International Airport saw a year-on-year increase of 5% in the first quarter, Hungarian...

Analysis

H&M launches webstore in Hungary

Swedish multinational retail-clothing company H&M yesterday launched its Hungarian webstore, making it the first fashion company to launch such a...

Banking

PM: Bank levy could decrease if banks lend more

Hungary’s Prime Minister Viktor Orbán reiterated this morning that the government’s plans to reduce the special levy on the financial...

History

Orbán: Punish bad brokers; polls not important

Addressing the Quaestor brokerage scandal Hungary’s Prime Minister Viktor Orbán said that “those who hurt clients need to be punished”...

Tourism

Rogán: Beva threshold could be raised from €20,000 to €100,000

Hungary’s ruling Fidesz MPs will propose a bill that would raise the insured threshold of the Investor Protection Fund (Beva)...

Sights

Hungarian, Spanish farmers discuss business in Madrid

Hungarian and Spanish farmers met yesterday at a conference in Madrid to discuss cooperation in preserving traditional pig breeds, according...

Deals

MKB to lay off almost 300 this year

Hungarian state-owned MKB Bank is planning to lay off approximately 300 employees this year, as a part of a reorganization...

Deals

Government proposes lowering top ad tax rate to 5.3%

The Hungarian government is expected to propose reducing the top rate for the progressive advertising tax to 5.3%, from the...

Conferences

Budapest to host ITU Telecom World 2015

Hungary’s foreign minister Péter Szijjártó and International Telecommunication Union (ITU) head Houlin Zhao, today signed an agreement on Budapest hosting...

Analysis

Kopint-Tárki projects GDP growth of 3.2% in 2015

Kopint-Tárki Institute for Economic Research Co. expects Hungaryʼs economy to grow by 3.2% this year as a result of higher...

Visits

Áder: Hungary is Singaporeʼs most important trade partner in CEE region

Hungary is Singaporeʼs most important trade partner in the CEE region, and this can serve as a basis for long-term...

Awards

Eight Hungarian companies could attend Northside Festival

Eight young Hungarian companies will be eligible to represent Hungary, the guest of honor, at the seventh American Northside Festival,...

Conferences

Budapest to host Construma next week

Budapest-based exhibition center Hungexpo is scheduled to open this yearʼs regular Construma building industry exhibition next Wednesday, April 15 and...

Telco

Tandofer wraps HUF 190 mln dermatology development

Hungary’s Tandofer Informatikai completed a HUF 190 mln project to develop software and optical equipment to gauge the treatment of...

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...