Tech

Telco

Insurer CIG Pannónia posts H1 loss with one-offs

Listed insurer CIG Pannónia posted a HUF 610 million loss after tax in the first half of 2019, against after-tax...

Telco

Higher turnover, lower costs lift ANY H1 earnings

First-half net income of bourse-listed ANY Security Printing Company Nyrt. rose 4.4% year-on-year to HUF 652 million as revenues climbed...

Telco

Baromfi-Coop inaugurates poultry manure processing plant

Poultry breeder Baromfi-Coop, a member of the Master Good group, inaugurated a HUF 2.6 billion plant processing 60,000 tonnes of...

Telco

Around 20% of Hungarian lifts need replacing

Some 6,000 passenger elevators in Hungary should be replaced for maintenance, meaning around 20% of all such machinery in use...

Telco

Banking sector liquidity up in July

Forint liquidity of Hungaryʼs banking sector rose in July from a month earlier, which was particularly reflected in an increase...

Telco

Lidl raises watermelon price after criticism

Retail supermarket chain Lidl raised the price of watermelon to HUF 119/kg last weekend, caving in to pressure from the...

Telco

Acquisitions boost OTP Bank earnings in second quarter

Second-quarter after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 18% year-on-year to HUF 105.4 billion, boosted by the...

Telco

General govʼt deficit reaches 35.3% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 352.7 billion deficit at the end of July, thus...

Telco

MTel cuts costs, but financial loss, taxes hit earnings

Second-quarter net income of blue chip Magyar Telekom (MTel) dropped 2.6% year-on-year to HUF 13.4 billion as financial losses and...

Telco

Tax changes weigh on Zwack profit

After-tax profit of Zwack Unicum, Hungaryʼs biggest spirits company, plunged 53% to HUF 231 million in the first quarter of...

Telco

Richter earnings drop on lower margins and financial gains

Second-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 28% year-on-year to HUF 17.5 billion as margins narrowed and...

Telco

MOL Q2 net income up 7% y-o-y

Second-quarter net income of Hungarian oil and gas company MOL rose 7% year-on-year to HUF 77.8 billion, as it booked...

Telco

Est Media to acquire Delta Systems

Listed holding company Est Media Nyrt. revealed Tuesday it has signed a binding contract to acquire 100% of IT company...

Telco

Gross wages up 11.2% y-o-y in May

The average gross monthly wage for full-time workers in Hungary rose 11.2% year-on-year to HUF 364,400 in May, the Central...

Telco

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

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...