Tech

Telco

MTel shareholders approve HUF 25 per-share dividend

Shareholders of Magyar Telekom approved a proposal to pay a HUF 25 per-share dividend on last yearʼs earnings at an...

Telco

AutoWallis blames WLTP for lower profits

After-tax profit of Budapest Stock Exchange-listed car dealer AutoWallis fell 58% to HUF 0.8 billion last year, an audited earnings...

Telco

Deficit 14.2% of full-year target at end of March

Hungaryʼs general government, excluding local councils, ran a HUF 141.9 billion deficit at the end of March, the Ministry of...

Telco

Net corporate outlays reach HUF 105 bln in February

Hungarian lendersʼ net outlays to the corporate sector reached HUF 105 billion in February, data released by the National Bank...

Telco

2018 general deficit confirmed at 2.2% of GDP, under target

Hungaryʼs general government deficit - calculated according to EU accrual-based accounting rules - came to 2.2% of GDP last year,...

Telco

Avg. gross earnings at HUF 343,500 in January

In January 2019, average gross earnings amounted to HUF 343,500, and average net earnings without tax benefits to HUF 228,400,...

Telco

Alteo raises HUF 2 bln in private placement

Listed alternative energy company Alteo said on Monday it has raised HUF 2.0 billion through the issue of new shares...

Telco

Raiffeisen profit falls in 2018 on lower provisions release

Austrian-owned Raiffeisen Bank Zrt. booked after-tax profit of HUF 23 billion last year, down from HUF 28.5 bln in 2017,...

Telco

Hungary ICT sector revenue climbs 7% in 2018

Revenue of Hungaryʼs ICT sector rose 7.1% to HUF 3,398 billion last year, a summary of data compiled by the...

Telco

Magyar Telekom board proposes HUF 25 per-share dividend

The board of Magyar Telekom has formally proposed payment of a HUF 25 per-share dividend on last yearʼs earnings in...

Telco

Value of bank card purchases climbs more than one-fifth

The value of purchases made in Hungary with domestically issued bank cards rose 21% year-on-year to HUF 1,547.5 billion in...

Telco

MOL board to propose HUF 142.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose to shareholders payment of a HUF 142.5 per-share dividend...

Telco

K&H Reports Strong Year’s Growth

With record profits and some innovations unique to the Hungarian market, K&H Bank ended a last year with a strong...

Telco

Hungary banking sector profits up 10% in 2018

Combined after-tax profits of Hungarian banks rose 10% to HUF 648 billion last year, according to data compiled by the...

Telco

Wabererʼs appoints new CEO

Listed road haulage company Wabererʼs International on Friday announced the appointment of a new CEO, Robert Ziegler, a former COO...

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...