Tech

Telco

OTP Q1 net income falls 64% to HUF 2.2 bln

OTP Bankʼs consolidated first-quarter net income fell 64% to HUF 2.2 bln, an earnings report published today reveals. Diluted earnings...

Telco

OTP’s Csányi still richest man in Hungary

Sándor Csányi, the proprietor of agribusiness Bonafarm and director of OTP Bank, still ranks as the richest man in Hungary,...

Telco

Buyers to take over assets of troubled clothing manufacturer Styl

A foreign and a Hungarian strategic investor, along with the local council of Szombathely, in western Hungary, will assume ownership...

Telco

BUX falls further while bond yields rally

The Budapest Stock Exchangeʼs main BUX index finished down 0.88% at 22,196.60 Thursday, after sinking 0.60% Wednesday. It is up...

Telco

CIG Pannonia premiums revenue reaches HUF 4.1 bln

CIG Pannonia saw a year-on-year rise of 10% on its gross revenue in the first quarter from premiums, reaching HUF...

Telco

Raba Q1 profit up following financial gain

Hungarian manufacturer and distributor of automotive components Raba had a first-quarter after-tax profit of HUF 709 mln after reaching the...

Telco

Masterplast Q1 profit rises on financial gain

Hungarian building materials manufacturer Masterplast had first-quarter after-tax profit of €900,000, improving from a net loss of €630,000 in the...

Telco

MOL calculates dividend as HUF 485.5 per share

Hungarian oil and gas company MOL yesterday said a dividend it will pay stakeholders on last yearʼs earnings amounts to...

Telco

BUX falls further despite strong GDP growth data

The Budapest Stock Exchangeʼs main BUX index finished down 0.60% at 22,393.97 Wednesday, after sinking 0.82% Tuesday. It is up...

Telco

Government submits 2016 budget bill

National Economy Minister Mihály Varga ceremoniously submitted the 2016 budget bill to House Speaker László Kövér in parliament today, Hungarian...

Telco

MTel to focus on network developments

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, expressed commitment to focus on network developments this year...

Telco

CETA to strengthen trade ties between Canada, Hungary

The Comprehensive Economic and Trade Agreement (CETA) between the European Union and Canada is expected to strengthen trade ties between...

Telco

MNB fines Nyúl savings cooperative HUF 1.5 mln

The National Bank of Hungary (MNB) fined Nyúl és Vidéke Takarékszövetkezet, a savings cooperative in Győr, HUF 1.5 mln on...

Telco

MTel Q1 profit down one-third on financial losses, depreciation and amortization

Magyar Telekomʼs first-quarter after-tax profit fell 33% to HUF 3.3 bln as higher financial losses, depreciation and amortization weighed on...

Telco

Vértesi Erdő, Tatabánya Erőmű sign HUF 1.5 bln biofuel contract

Hungarian forestry company Vértesi Erdő yesterday signed a contract for an initial HUF 1.5 bln to supply woodchips to heating...

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...