Krisztián Kummer

Int'l Relations

Pioneers, go east!

To dodge the potential risks of sluggish domestic and European markets, ever more Hungarian SMEs are turning further east to...

Banking

Here comes the ad tax

Another extraordinary tax – this time on advertising – was proposed to Parliament by the government on Wednesday, and now...

Conferences

Aiming external markets: suicide or survival?

Ever more Hungarian small- and medium-sized enterprises are interested in expanding towards external markets, however, without proper plans and funding,...

Government

May I take a look?

In a surprisingly fast move, Parliament accepted an amendment to limit the scope of data accessible to the public just...

Office Market

Office rentals: tenants grow wiser

The office rental market has changed significantly in the past few years; tenants have become more familiar with current market...

City

Vitézy: I take full responsibility

While some argue that public transport in Budapest is expensive and disappointing, others claim that many promising changes have happened...

Banking

Hungarian gambling market: odds and evens

By re-regulating the Hungarian gambling market from the fundamentals, the Hungarian government could kill two birds with one stone: it...

Drinks

Hungarian beer industry grows despite increasing costs

Domestic beer sales in Hungary grew by 1.26% in 2012, despite increasing costs and burdens of production, said Dr. Klára...

Food

Bite Bakery: the owner must be present

Although Hungarian retail sales have dropped like a rock recently, a new café has popped up distributing and marketing Hungarian...

MNB

Raiffeisen joins Széchenyi Card programme

Raiffeisen Bank joined Széchenyi Card SME credit programme for SMEs and started to distribute the Széchenyi Card overdraft facility, Raiffeisen...

Sights

Room escape games: the latest craze in Budapest

Imagine that you and your friends are locked up in a dark, creepy cellar and have only one hour to...

Competition

Translation: who’s responsibility is it anyway?

While there is such thing as translator’s responsibility, legal cases over translations are very rare in Hungary. The usual means...

EU

EU loses €150 bln a year on youth unemployment, Andor says

Every year €150 billion is lost on young people not in education, employment or training in the European Union, said...

City

BKV: out of order?

As the New Year arrived, the Budapest Transport Company (BKV) and the Budapest Transport Authority (BKK) made ‘new’ promises. In...

Issues

All mortgage contracts may be invalid

Thousands of foreign currency household mortgage contracts may turn out to be invalid following a Budapest Court decision on December...

Issues

Tax expert: Hungarian SMEs need funds big time

From the Budapest Business Journal print edition: SMEs continue to play a significant role in the Hungarian economy. However, the...

Issues

Tax authority under PwC’s scope

PriceWaterhouseCoopers has released its 2013 national survey of taxpayers' perception of changes in the National Tax and Customs Administration (NAV)...

Office Market

Green certification: Everybody wants some

While most analysts are still very cautious about talking of a recovery on Budapest’s office market, green certification and eco-friendliness...

Pharma

E-toll to kill off fleet investment?

Leasing companies have experienced a serious decline in contract numbers with Hungarian fleet management enterprises in the second quarter of...

Retail

Hungarian economy needs IT professionals

Even if the current economic environment does not favor growth, Hungarian software development companies are keeping afloat as more enterprises...

Deals

Napi Gazdaság: The think tank newspaper

When Central European Media and Publishing Co. (CEMP) sold business daily Napi Gazdaság to economic think tank and research center...

Competition

Ethics jury member: Lack of transparency costly

To promote ethical business conduct and recognize commitment to fight against corruption, Telenor launched its Ethical Company Award last year....

City

Hungarian fuel market to bottom out in 2013

Fuel consumption has been steadily declining in recent years: the regional market has shrunk by 20% in the last five...

Retail

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

Retail

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

MNB

Hungarian SMEs still undertake foreign currency risk

Hungarian enterprises' sentiment towards loans changed positively due to the "Funding for Growth Scheme" of the National Bank of Hungary...

Hotels

Where are the domestic guests?

According to the Central Statistics Office, all of Hungary’s tourist regions were affected by the fall in domestic arrivals. Year-on-year,...

Banking

The price we paid

Economic ministers of the Fidesz government have introduced many extra taxes throughout the last three years, and the economy has...

Conferences

A plea for more predictability

The United States is Hungary’s leading trade partner outside the EU. Many American companies have Hungarian subsidies and would like...

Competition

It’s not ‘cool’ to cheat

To promote ethical business conduct, and recognize commitment to fight against corruption, Telenor launched its Ethical Company Award last year....

Tax expert: Hungarian SMEs need funds big time

From the Budapest Business Journal print edition: SMEs continue to play a significant role in the Hungarian economy. However, the...

Tax authority under PwC’s scope

PriceWaterhouseCoopers has released its 2013 national survey of taxpayers' perception of changes in the National Tax and Customs Administration (NAV)...

Green certification: Everybody wants some

While most analysts are still very cautious about talking of a recovery on Budapest’s office market, green certification and eco-friendliness...

E-toll to kill off fleet investment?

Leasing companies have experienced a serious decline in contract numbers with Hungarian fleet management enterprises in the second quarter of...

Hungarian economy needs IT professionals

Even if the current economic environment does not favor growth, Hungarian software development companies are keeping afloat as more enterprises...

Napi Gazdaság: The think tank newspaper

When Central European Media and Publishing Co. (CEMP) sold business daily Napi Gazdaság to economic think tank and research center...

Ethics jury member: Lack of transparency costly

To promote ethical business conduct and recognize commitment to fight against corruption, Telenor launched its Ethical Company Award last year....

Hungarian fuel market to bottom out in 2013

Fuel consumption has been steadily declining in recent years: the regional market has shrunk by 20% in the last five...

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

Utilities, state monopoly or liberalization?

Do utility companies have to be numerous and compete against each other, or could one national company better serve the...

Hungarian SMEs still undertake foreign currency risk

Hungarian enterprises' sentiment towards loans changed positively due to the "Funding for Growth Scheme" of the National Bank of Hungary...

Where are the domestic guests?

According to the Central Statistics Office, all of Hungary’s tourist regions were affected by the fall in domestic arrivals. Year-on-year,...

The price we paid

Economic ministers of the Fidesz government have introduced many extra taxes throughout the last three years, and the economy has...

A plea for more predictability

The United States is Hungary’s leading trade partner outside the EU. Many American companies have Hungarian subsidies and would like...

It’s not ‘cool’ to cheat

To promote ethical business conduct, and recognize commitment to fight against corruption, Telenor launched its Ethical Company Award last year....