Christian Keszthelyi

Visits

Jobbik MP: Nobody trusts Orbán in the East

Hungarian Prime Minister Viktor Orbán’s Eastern Opening Policy raises questions of credibility, given that the prime minister’s opinion on eastern...

Analysis

Report: Brokerage scandals could help foreign institutions

In the event that the Hungarian government introduces strict regulations on Hungarian banks and brokerages, domestic institutions will become less...

Competition

Report: Hungarian firms unaware of FCPA

Only a small number of Hungarian companies are aware of the potential consequences in the event that they violated the...

Awards

Jalsovszky law firm welcomes competition lawyer

Competition lawyer Dr. Bálint Bassola (pictured) was appointed leader of the competition group at Hungarian law firm Jalsovcsky Ügyvédi Iroda...

Deals

Official: PM acted before receiving Tarsoly’s letter

Although Hungary’s Prime Minister Viktor Orbán did receive a letter from Csaba Tarsoly, CEO of the now insolvent brokerage Quaestor,...

Food

Easter boosts egg consumption

Egg consumption is expected to double during the upcoming Easter holiday, while prices are predicted to remain 4-5% lower as...

Issues

Tarsoly put in pre-trial detention

A Budapest court yesterday placed Quaestor CEO Csaba Tarsoly and two other suspects, involved in the recent Quaestor brokerage scandal,...

Issues

Associations turn to Constitutional Court regarding Sunday closures

The alliance of unions Liga and business association VOSZ intend to turn to the Hungarian Constitutional Court regarding the recently...

Tourism

Wizz Air to change cockpit procedures

In the wake of the Germanwings’ tragedy, which caused the death of 150 passengers, Hungarian low-cost airline Wizz Air today...

Analysis

City of Pécs welcomes Confucius Institute

The Confucius Institute was opened today in Pécs, southwestern Hungary, to assist in the promotion of traditional Chinese medicine at...

Incubators

Design Terminal launches spring mentor program

Out of the 70 startups from the creative industry who submitted applications to participate in Design Terminal’s second mentor program,...

Deals

Some HUF 68bn of Buda-Cash assets seized

Some HUF 68 bln in Buda-Cash assets have been secured to provide compensation for the brokerage’s clients who suffered damages...

Tourism

KSH: Hungaryʼs jobless rate reaches 7.7%

The average unemployment rate in Hungary of those between the ages of 15 and 74 was 7.7% in December-February, down...

History

PM, on radio, again denies insider information

Hungary’s Prime Minister Viktor Orbán decided to warn ministries to withdraw funds from brokerages “well before” receiving Quaestor CEO Csaba...

Sights

MIPSZ holds inaugural meeting

The Hungarian Industrial Park Association (MIPSZ) has a mandate to establish strong advocacy in the interest of industrial parks and...

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...