Tech

Telco

Hell Energy completes HUF 30 bln capacity expansion

Soft drink maker Hell Energy finished the final phase of a HUF 30 billion investment project at its base in...

Telco

Orbán reveals radical family support package

Prime Minister Viktor Orbán unveiled a package of measures to support families with children at his annual state of the...

Telco

General govʼt closes January with budget surplus

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 244.5 billion surplus at the end of January, the...

Telco

Richter rebounds from Esmya losses in Q4

Hungarian drugmaker Gedeon Richter on Thursday reported a net loss of HUF 16.4 billion in the fourth quarter of 2018,...

Telco

Hauni Hungaria invests HUF 5.7 bln in Pécs

German-owned Hauni Hungaria, which makes machinery for the tobacco industry, will invest HUF 5.7 billion at its base in Pécs...

Telco

Corporate lending stock falls in December

The corporate lending stock of Hungarian banks fell in December from the previous month on net repayments and revaluations, fresh...

Telco

ÁKK to add short-term security, pension bond to retail mix

Hungaryʼs Government Debt Management Agency (ÁKK) plans to expand its product palette with a short-term retail security, as well as...

Telco

2018 Black Friday sales were up 20%

Based on the latest results of its survey conducted on Christmas shopping, internet research firm eNET said the end of...

Telco

General govʼt deficit falls to 106% of target at yearʼs end

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,445.1 billion deficit as of the end of December...

Telco

Gross wages up 10.4% y-o-y in November

In November 2018, average gross monthly earnings amounted to HUF 355,100, a 10.4% increase compared to November 2017, according to...

Telco

FAG inaugurates bearings factory in Debrecen

FAG Hungary, the local unit of Germanyʼs Schaeffler Group, has inaugurated a HUF 25 billion bearings factory in Debrecen, eastern...

Telco

Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the...

Telco

Mahart orders boats worth HUF 1.5 bln from Nicols

State-owned Hungarian passenger shipping company Mahart has acquired 20 boats from French company Nicols for HUF 1.5 billion in a...

Telco

VAT revenue climbs more than HUF 400bln in 2018

Revenue from VAT rose HUF 403 billion last year, an increase supported by the introduction of mandatory electronic invoicing mid-year,...

Telco

Corporate lending by Hungarian banks up in November

The corporate lending stock of Hungarian banks rose in November from the previous month mainly due to transactions, show fresh...

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...