Tech

Telco

New IKEA store opens next week

The third Hungarian store of multinational home furnishings giant IKEA opens on June 14 in Soroksár in the capitalʼs District...

Telco

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, preliminary...

Telco

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender on...

Telco

Lawmakers raise 2018 budget spending by over HUF 125 bln

Parliamentʼs budget committee finalised more than HUF 125 billion in additional expenditures, balanced out by extra revenue and trimmed spending...

Telco

Hungarian baths’ revenues up 3% last year

The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion,...

Telco

Magyar Posta revenues up, profit down in 2016

Revenues of Magyar Posta edged up 1% to HUF 191 billion last year, the state-owned postal company told MTI. After-tax...

Telco

Banking sector profits fall in Q1 as operating costs climb

Hungarian banksʼ combined after-tax profits fell 9% year-on-year to HUF 175 billion in the first quarter as operating costs jumped,...

Telco

SZHISZ acquires additional supervisory powers

Many of the prudential supervisory powers of the National Bank of Hungary (MNB) over savings cooperatives will be transferred to...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 200 billion of forint swaps against euros at tenders on Monday, the...

Telco

Investment fundsʼ net assets climb over HUF 6.1 tln

The net asset value of investment funds in Hungary rose 5% to HUF 6.105 trillion in the 12 months to...

Telco

Garantiqa surety stock climbs 21% in 2016

Garantiqa Hitelgaranciaʼs surety stock rose 21% to HUF 443 billion in 2016, Hungaryʼs biggest credit guarantor said on Friday, according...

Telco

PIO-21 makes buyout offer for BIF

Holding company PIO-21 has made a public buyout offer for all of the shares of the Budapest Stock Exchange-listed property...

Telco

Duna House Q1 sales jump 37% but profit edges down

Real estate company Duna Houseʼs first-quarter after-tax profit edged down 9% year-on-year to HUF 266 million, an earnings report released...

Telco

State lotto companyʼs revenue HUF 385.5 bln in 2016

Revenue of state-owned lottery company Szerencsejáték rose 10% to HUF 385.5 billion last year, it told MTI....

Telco

Zwack board proposes HUF 1,050 dividend

The board of spirits maker Zwack Unicum will propose to shareholders payment of a dividend of HUF 1,050 per share...

Science

Rising Tide of Dementia: Economic Imperatives for Hungary and Europe

The rising prevalence of dementia is becoming not only a healthcare challenge but an economic and labor market issue that...

Science

3D-Printed Spine Models Could Aid Planning for Complex Surgery

Physical, life-sized models of patients’ spines could give surgeons a valuable additional tool when preparing for particularly complex procedures, according...

Science

Mental Health Forum Seeks to Turn Professional Consensus Into Cross-sectoral System Reform

Semmelweis University’s “Mental Health in Hungary 2026” forum brought psychiatric professionals, social care workers, educators, patient representatives and policymakers together...

Science

ELTE Quantum Biology Conference Puts Budapest on Emerging Science Map

Budapest hosted an international gathering at the frontier of quantum science and biology as the 15th International Workshop on Quantum...

Science

Endometriosis Carries a Heavy Workplace Cost in Hungary

A Hungarian-led study has quantified the workplace burden of endometriosis, showing that women with the condition miss more than twice...

Fintech

SAP Hungary: How AI and Business Development Meet in Budapest

SAP Hungary opened its Budapest office to the press during an “Insider Tour,” giving a close look at how the...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...

AI Agents Could Shop and Pay for One in 10 Consumers by 2030, Mastercard Says

More than one in 10 online shoppers could regularly use artificial intelligence agents to purchase products on their behalf by...

4iG Group, SpaceX Sign European Deal for Starlink Mobile, Sovereign Solutions

4iG Group and SpaceX have signed agreements to introduce Starlink Mobile services and develop secure sovereign satellite communications solutions in...

Global Payments Introduces Accessible Card Payments for Visually Impaired Users

Global Payments has introduced a new accessibility mode on its payment terminals designed to make card payments easier for blind...

Sziget Festival Sets New Mobile Data Traffic Record on Yettel Network

Festival-goers generated nearly 54 terabytes of mobile data traffic on Yettel’s network during this year’s Sziget Festival, setting a new...

Rising Tide of Dementia: Economic Imperatives for Hungary and Europe

The rising prevalence of dementia is becoming not only a healthcare challenge but an economic and labor market issue that...

3D-Printed Spine Models Could Aid Planning for Complex Surgery

Physical, life-sized models of patients’ spines could give surgeons a valuable additional tool when preparing for particularly complex procedures, according...

BME, OTP Join Forces to Strengthen Cybersecurity Education and Research

A new partnership between the Budapest University of Technology and Economics (BME) and OTP Bank aims to connect academic expertise...

CoinCash 1st Hungarian Crypto Provider to Receive MiCA Approval

MNB granted CoinCash operator Tiwala Solutions a CASP license, making it the first and currently only Hungary‑based crypto provider authorized...

Mental Health Forum Seeks to Turn Professional Consensus Into Cross-sectoral System Reform

Semmelweis University’s “Mental Health in Hungary 2026” forum brought psychiatric professionals, social care workers, educators, patient representatives and policymakers together...

ELTE Quantum Biology Conference Puts Budapest on Emerging Science Map

Budapest hosted an international gathering at the frontier of quantum science and biology as the 15th International Workshop on Quantum...

Endometriosis Carries a Heavy Workplace Cost in Hungary

A Hungarian-led study has quantified the workplace burden of endometriosis, showing that women with the condition miss more than twice...

Breakthrough to Bedside: The Financing Challenge Behind Healthcare Innovation

According to Ildikó Ádám, partner at EY and life sciences industry leader for the Europe Central region, her sector is...

Corvinus University Completes HUF 1.5 bln Digital Development Project

Corvinus University of Budapest has completed a HUF 1.491 bln digital and practice-oriented development project supported by non-refundable EU funding...

SAP Hungary: How AI and Business Development Meet in Budapest

SAP Hungary opened its Budapest office to the press during an “Insider Tour,” giving a close look at how the...