Tech

Telco

General govʼt runs 0.4%-of-GDP deficit in Q1-Q3

The deficit of the general government sector in the first three quarters of 2018 was HUF 110 billion, representing 0.4%...

Telco

Mészáros becomes richest Hungarian

Government-connected oligarch Lőrinc Mészáros tops Forbesʼ latest list of the 50 richest Hungarians with total assets amounting to HUF 381.3...

Telco

Tourism Agency announces HUF 40 bln of developments

Zoltán Guller, CEO of the Hungarian Tourism Agency (MTÜ), announced tourism programs worth HUF 40 billion in four prioritized areas...

Telco

Govʼt earmarks HUF 53 bln for cycle path developments

Hungaryʼs government has earmarked almost HUF 53 billion in funding for the development of bicycle paths in 2018-2021, says a...

Telco

Wage growth 10.8% in October

Gross wage growth in Hungary climbed 10.8% year-on-year in October, the Central Statistical Office (KSH) said on Thursday. In absolute...

Telco

OTP Bank signs deal to buy Société Généraleʼs Serbian unit

OTP Bank on Thursday said it signed an agreement to acquire Société Générale Banka Srbija, Serbiaʼs fourth biggest lender, from...

Telco

Hungarian internet subscription numbers near 10 mln

The number of internet subscriptions in Hungary rose by 4.5% in the third quarter of 2018, compared to the corresponding...

Telco

MFB raises SME credit program limit, extends deadline

The state-owned Hungarian Development Bank (MFB) has raised the limit of its SME credit program "Penzügyi Vállalkozás Refinanszírozasi Konstrukció II"...

Telco

Hungarian banking sector liquidity up in November

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

Telco

MNB FX swap stock remains around HUF 2 tln

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.988 trillion...

Telco

Impasse over minimum wage persists; overtime demo ahead

Employers and unions failed to reach an agreement on next yearʼs minimum wage rises at a meeting on Thursday, according...

Telco

EU pre-financing lifts deficit to 135% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,842.4 bln deficit at the end of November, the...

Telco

Hungarian banking sector profit falls 12% in Q1-Q3

Combined after-tax profits of Hungaryʼs banking sector fell 12% year-on-year to HUF 425 billion in the first three quarters of...

Telco

MTA makes plea for full research funding

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for...

Telco

Retail lending of Hungarian banks rises in October

The retail lending stock of Hungarian banks was up HUF 51.3 billion to nearly HUF 6.112 trillion in October from...

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...