Tech

Telco

Deficit confirmed at 51.2% of full-year target for August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 bln deficit at the end of August, reaching...

Telco

Second big petrol price hike in a week looms

Oil and gas company MOL announced rises in the price of petrol by HUF 7/liter and of diesel by HUF...

Telco

Competition Office clears Közgép-Duna Aszfalt merger

Hungaryʼs Competition Office (GVH) has cleared the merger of construction company Közgép with industry peer Duna Aszfalt, a resolution posted...

Telco

Value of bank card purchases up, but still below cash

The value of Hungarian purchases with bank cards continued to climb in the double-digits in the second quarter, but the...

Telco

Three companies accepted for 5G auction

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the...

Telco

Hungary may launch 5G service this year, ITU chief says

Hungary could launch its high-speed 5G mobile network before the end of this year if plans remain on track, International...

Telco

Deficit reaches 51.2% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 510.8 billion deficit at the end of August, reaching...

Telco

Lendersʼ H1 profits down 1% to HUF 322 bln as costs rise

Hungarian lendersʼ consolidated combined first-half after-tax profit slipped 1% year-on-year to HUF 322 billion as costs rose, sector data released...

Telco

Higher sales volume, narrower financial loss lift PannErgy profit

Higher sales volume and a smaller financial loss boosted listed alternative energy company Pannergyʼs first-half after-tax net income to HUF...

Telco

Hiventures launches venture capital unit for overlooked SMEs

Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), has announced the creation of a unit with...

Telco

Daubner sees 4.2% rise in after-tax profit

The well-known Hungarian confectionery Daubner Cukrászda said its net sales in 2018 amounted to HUF 1.7 billion, some 8% less...

Telco

Alteo releases H1 earnings, announces planned bond issue

First-half consolidated after-tax profit of listed alternative energy firm Alteo Nyrt. rose 37% year-on-year to HUF 483 million, lifted by...

Telco

Wages up 10.6% year-on-year

In June 2019, average gross earnings amounted to HUF 364,800, 10.6% higher than a year earlier, with average gross earnings...

Telco

Insurersʼ premiums revenue climbs almost 10% in Q2

Hungarian insurersʼ combined revenue from premiums rose 9.6% year-on-year to HUF 275.1 billion in the second quarter, the National Bank...

Telco

MKB Bank H1 profit plunges 55%

First-half after-tax profit of Hungaryʼs MKB Bank dropped 55% year-on-year to HUF 8.2 billion, an earnings report released early Thursday...

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...