Tech

Telco

Hungarian navigation software firm NNG acquires US peer

Hungarian navigation software developer NNG, which makes the iGO application, has bought US peer nFuzion with the aim of expanding...

Telco

Reconstruction of third metro line to end in 2019

Renovation of the capital’s third metro line (M3) will be completed by 2019 at the earliest, Budapest mayor István Tarlós...

Telco

NAV : less audits, more unpaid taxes

Hungarian Tax and Customs Authority (NAV) is auditing fewer Hungarian companies but uncovering more unpaid taxes, Hungarian business daily Világgazdaság...

Telco

Intersnack Magyarország expects unchanged revenue

Intersnack Magyarország, which manufactures Chio-brand snacks as a unit of the German-based Intersnack Group expects to generate revenue of around...

Telco

Hungary’s debt ratio reaches 85.1% of GDP (UPDATE)

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached HUF 25,432bn, or 85.1pc...

Telco

OTP books a HUF 153 billion loss

OTP Bank booked a HUF 153.1bn loss for Q2 because of the legislation requiring banks to compensate borrowers, an earnings...

Telco

Btel’s profit down

Telecommunications company Business Telecom (BTel) saw its revenue rose sharply in H1. However its profit fell due to financial losses,...

Telco

Central bank buys castle

The National Bank of Hungary (MNB) bought a historic castle located on the banks of River Tisza as part of...

Telco

Békés Drén spending HUF 481 mln on excavation equipment

Hungarian civil engineering company Békés Drén is planning to spend HUF 481 mln for purchasing excavation equipment, the company announced...

Telco

Agro Line completes HUF 340 mln technological investment

Steel machinery components manufacturer Agro Line completed a HUF 340 mln technological investment at its plant located in Kiskőrös, the...

Telco

Metro refurbishment plans welcomed by Socialists

The ruling Fidesz party has “given in” to the will of the residents of Budapest, the head of the Budapest...

Telco

Vajda Papír completes €4.3m capacity expansion in Norway

Hungary's Vajda Papír has installed a €4.3 mln production line at its hygienic paper plant in Norway, doubling capacity at...

Telco

CIG Pannónia books small profit in H1

Hungarian insurer CIG Pannónia had first-half after-tax profit of HUF 131 mln, improving over a HUF 399 mln loss in...

Telco

Banking sector forint liquidity falls in July

Forint liquidity of the domestic banking sector fell in July as compared to the previous month as reflected in a...

Telco

OTP to face bigger FX loans compensation costs

OTP could face bigger losses than expected, as a result of the National Bank of Hungary’s (MNB) recently published guidelines...

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...