Tech

Telco

State venture capital fund invests HUF 5 bln

The Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state to support SMEs, has invested some...

Telco

Gróf és Társa develops hydropower turbines

Hungarian engineering company Gróf és Társa is developing turbines that can be used in hydroelectric power plants on smaller rivers...

Telco

Intesa Sanpaolo to increase capital HUF 15.4 bln

Italian Intesa Sanpaolo, the parent bank of Hungarian CIB Bank, is raising capital at its Hungarian unit, by HUF 15.4...

Telco

E-commerce booms in Hungary

Though electronic commerce reaches only 3% in Hungary as compared to Austria’s 9%, the growth of e-commerce has been greater...

Telco

MOL to cut cost of petrol, raise diesel prices

Hungarian oil and gas company MOL will lower its petrol prices but raise the price of diesel on Wednesday, MTI...

Telco

Magyar Telekom to lay off 1,700 workers

Magyar Telekom, the subsidiary of Deutsche Telekom, declared 1,700 workers redundant following negotiations with worker-advocacy groups, the Hungarian service provider...

Telco

KSH: May retail sales grow at slower rate

Retail sales in Hungary rose 4.9% in May as compared with a year earlier, according to calendar-adjusted figures, the latest...

Telco

Telenor Magyarország Q2 revenue rises to HUF 38.8 bln

Revenue of mobile telecommunications company Telenor Magyarország rose by approximately HUF 700 mln, reaching HUF 38.8 bln in Q2 y.o.y.,...

Telco

Sematic undertakes HUF 1.6 bln expansion

Italian elevator component maker Sematic has started a HUF 1.6 bln expansion at its Hungarian base in Nyíregyháza, the local...

Telco

Deficit at 82.6% of full-year target by June

Hungary's cashflow-based general government deficit, excluding local councils, came to HUF 813.7 bln by the end of June, equivalent to...

Telco

State road co. buys 80 John Deere tractors

Hungarian state road company Magyar Közút will aquire 80 new John Deere tractors at a cost of HUF 2.7bn, the...

Telco

MÁV to start InterCity carriage production

State-owned Hungarian railway company MÁV is to launch the production of an InterCity carriage developed by the company, Hungarian business...

Telco

Számhead to spend HUF 450 mln on IT development

Számhead, a Hungarian company that builds data centre infrastructure, is spending almost HUF 450 mln to develop a better IT...

Telco

FHB: FX-loan law may cost 19.5 bln forints

Compensating foreign-currency borrowers could cost FHB Mortgage Bank up to HUF 19.5bn at group level, the bank announced late Friday....

Telco

K&H Bank named Hungary’s best by Euromoney again

K&H Bank, the subsidiary of Belgian KBC, has been named “Hungary’s best bank” in Euromoney’s 2013 Awards for Excellence, K&H...

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...