Tech

Telco

Three pawnbrokers receive HUF 20.5 mln in fines

Three Hungarian pawnbrokers have been fined a combined HUF 20.5 million by the National Bank of Hungary (MNB) on charges...

Telco

General gov’t deficit 111.4% of full-year target in 2016

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, 111.4% of the full-year target,...

Telco

Net sales of retail govʼt securities reach HUF 166.6 bln in December

Net sales of forint-denominated government securities targeted at retail investors came to HUF 166.6 billion in December 2016, bringing the...

Telco

Everplast expands range with HUF 440 mln investment

Hungarian plastics recycling firm Everplast has added UV-resistant plastic sheeting to its product palette with an investment of nearly HUF...

Telco

Investment funds assets up 2.1% in December, says BAMOSZ

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) were...

Telco

Magyar Telekom broadband expands to 2.8 mln households

The broadband internet network coverage of Hungarian telecommunications company Magyar Telekom expanded to 2.8 million households in 2016, the company...

Telco

Gov’t to offer HUF 24.3 bln in grants to 35 big companies

Based on a decision made in 2016, the government will provide HUF 24.3 bln in financing to 35 big companies...

Telco

Hungarian telco Invitel to change hands

Hungarian telecom Invitel is to be sold by majority stake owner Magyar Telecom B.V. (Matel B.V.) to the China-CEE Fund...

Telco

Foreign investorsʼ govʼt securities holdings fall HUF 454 bln in 2016

Non-resident or foreign investors sold a net HUF 454 bln of Hungarian government securities denominated in forints last year, according...

Telco

MTel to sell Montenegrin unit for EUR 123.5 mln

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom, has signed an agreement to sell its 76.5% stake in Crnogorski Telekom,...

Telco

Bonafarm set to buy into MCS Vágóhíd

Vertically integrated food processing group Bonafarm is negotiating on purchasing a stake in meat processing firm MCS Vágóhíd, Hungarian business...

Telco

Spar to raise wages under agreement

The Hungarian subsidiary of food retail chain Spar and the Trade Union of Commercial Employees (KASZ) have agreed on raising...

Telco

General gov’t deficit reaches HUF 848.3 bln in December

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 848.3 billion in 2016, a first reading of data...

Telco

Businesses tap HUF 473 bln in phase III FGS credit

A little more than 11,000 Hungarian microbusinesses and SMEs tapped about HUF 473 billion in cheap credit available last year...

Telco

Corporate lending of Hungarian banks up in November

The corporate lending stock of Hungarian banks was up in November from the previous month as companies were net borrowers...

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...