Tech

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Science

Wild Code School to open Budapest campus

International programming school Wild Code School announced opening a campus in Budapest, offering five-month web developer courses in English from...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Telco

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Science

Hungary to partner with Huawei on 5G rollout

Hungary will cooperate with Chinese telecommunications giant Huawei to build its 5G network, Minister of Foreign Affairs and Trade Péter...

Telco

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Telco

Gross wages up 11.5% in August

The average gross wage for full-time workers in Hungary rose 11.5% year-on-year to HUF 358,876 in August, the Central Statistical...

Telco

Hungary R&D spending up 27% in 2018

Spending on research and development in Hungary came to more than HUF 654 billion, or 1.53% of GDP in 2018,...

Innovation

Tungsram, iLex launch SME assistance platform

Hungarian legal IT startup iLex and lighting company Tungsram have announced the launch of an online platform aimed at helping...

Telco

Photon Energy brings 5.6 MWp of PV online

Amsterdam-based Photon Energy NV has announced it has commissioned 5.6 MWp (megawatt-peak) of solar photovoltaic (PV) farms in the town...

Innovation

UAE royal family acquires 15% of CPI cryptocurrency project

The Emirati royal family has acquired 15% of the Crypto Price Index (CPI) project, which is creating a cryptocurrency analog...

Fintech

Mastercard Advisory brings regional center to Budapest

Mastercard Advisors, the corporate strategy advisory branch of Mastercard, is set to bring one of its European centers to Budapest,...

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...