Tech

Telco

EIB backs Polish wind farm with EUR 60 mln loan

The European Investment Bank (EIB) says it has signed a EUR 60 million (USD 67.9 mln) agreement with Lithuanian Ignitis...

Telco

Banking sector profits reach HUF 698 bln in 2019

Combined after-tax profit of Hungaryʼs banking sector rose 8.5% to HUF 698 billion last year, state news wire MTI reports,...

Telco

Gen govʼt deficit reaches 69.37% of full-year target in Feb

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 254.6 billion deficit at the end of February, reaching...

Telco

Hungary seeks higher postal services subsidy threshold

Hungary will ask the European Commission to raise the subsidy threshold for state-owned postal company Magyar Posta to allow it...

Telco

Expanding balance sheet boosts OTP earnings

Consolidated fourth-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 32% year-on-year to HUF 103 billion, lifted by...

Telco

Outlays, impact of weak forint lift corporate lending stock in January

Corporate lending stock of Hungarian banks rose in January from the previous month, lifted by net outlays and the impact...

Telco

CJEU rules Hungary sectoral taxes compatible with EU rules

The Court of Justice of the European Union (CJEU) on Tuesday ruled that progressive, turnover-based taxes on retailers and telcos...

Telco

Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Telco

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

Telco

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Telco

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Telco

Bosnia’s Federation approves construction of two wind plants

The government of Bosnia’s Federation entity said that it has given a preliminary approval for the launch of the Ivovik...

Telco

GreenGo launches service in Prague

Hungarian car-sharing company GreenGo has started operating in Prague with 100 all-electric VW e-up! cars, Hungarian news agency MTI says,...

Telco

MOL Q4 earnings fall on bigger tax bill

Fourth-quarter net income of Hungaryʼs MOL fell 53% year-on-year to HUF 37 billion as the oil and gas company footed...

Telco

Hiventures invests HUF 207 mln in TrustChain

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has invested HUF 207 million in TrustChain...

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...

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...

Revolut Migrates Over 2 mln Hungarian Customers to Local Branch

Revolut Bank successfully completed the migration of more than 2 million eligible Hungarian retail customers to the local branch and...