Tech

Telco

Banksʼ corporate, retail lending up in August

The corporate lending stock of Hungarian banks rose in August from the previous month, lifted by outlays as well as...

Telco

MKB Bank set to close 15 branches

MKB Bank is set to close 15 branches to improve its cost efficiency, optimizing its countrywide network after investigating its...

Telco

General government runs HUF 13.7 bln deficit in H1

Hungaryʼs general government ran a HUF 13.7 billion deficit in the first half of the year, equivalent to 0.1% of...

Telco

Erste Group net income in Hungary drops 27% in H1

Consolidated net income of the Hungarian business of Austriaʼs Erste Group dropped 27% to HUF 22.91 billion in the first...

Telco

Mészáros-controlled Konzum doubles assets in first half

Due to a capital increase announced last December, net assets of Konzum, the investment company controlled by Lőrinc Mészáros, surpassed...

Telco

Sziget Zrt. profits could reach HUF 1.5 bln in 2018

This year, profits of festival organizer Sziget Zrt. could again reach the record HUF 1.5 billion achieved two years earlier,...

Telco

Russian-Hungarian consortium inks giant rail deal in Egypt

Transmashholding Hungary, a Russian-Hungarian consortium, has signed a contract worth more than EUR 1 billion on the delivery of 1,300...

Telco

Deficit 121% of full-year target at end of August, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus...

Telco

Hirschler Glas inaugurates HUF 413 mln production hall

Hungarian-owned vehicle rear view mirror maker Hirschler Glas inaugurated a HUF 413 million production hall at its base in Sopron...

Telco

Investment companiesʼ Q2 profit jumps 48%

Investment companiesʼ net profit rose 48% year-on-year to HUF 2.63 billion in Q2, data released by the National Bank of...

Telco

Gemtech to spend HUF 1bln on capacity expansion

Machinery company Gemtech will spend almost HUF 1 billion on purchasing machinery to expand production capacity in Napkor (249 km...

Telco

Budapest Bank posts HUF 9.2 bln after-tax profit in H1

Hungarian banking group Budapest Bank, owned by the state-owned Hungarian Development Bank (MFB), had HUF 9.2 billion consolidated after-tax profit...

Telco

Deficit rises to 121% of full-year target in August

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, the...

Telco

MOL raises diesel prices, now 15% higher than in February

Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry...

Telco

K&H Bank H1 profit climbs 40%

K&H Bankʼs consolidated first-half after-tax profit rose 40% year-on-year to HUF 31.5 billion, CEO David Moucheron said at a press...

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...