Tech

Telco

OTPʼs Simple logs over 146 years of parking time in H1 2018

OTP Mobil’s payment solutions registered a record semester in the first half of 2018, with Simple by OTP doubling its...

Telco

Banking sector liquidity narrows in June

Forint liquidity of Hungaryʼs banking sector narrowed in June from a month earlier, which was mainly reflected in a decrease...

Telco

Hungarian SMEs positive about future growth

A representative survey by UniCredit Bank  and Inspira Research has found that the vast majority of Hungarian SMEs believe their...

Telco

Investments high among venture capitalists, retail investors

In the first quarter of this year, venture capital investments worth a total of over HUF 1.34 billion were carried...

Telco

Weak forint seen denting car imports

The weakening of the Hungarian forint compared to foreign currencies is raising the cost of importing used cars from abroad,...

Telco

MVM revenues up 28.7% in 2017

The state-owned Hungarian Electricity Works (MVM) recorded HUF 1.33 trillion net consolidated revenues last year, up 28.7% compared to 2016,...

Telco

FuturAqua creates blockchain-based cryptocurrency

Listed Hungarian mineral water bottling company FuturAqua, based in Pécs (SW Hungary), has created an independently tradable blockchain-based cryptocurrency based...

Telco

Over HUF 100,000 needed for average standard of living

Incomes of Hungarian families vary widely, but the general perception is that income is not enough for an average standard...

Telco

Banksʼ corporate, retail lending stocks rise in May

The corporate lending stock of Hungarian banks was up in May from the previous month as a combined result of...

Telco

Magyar Telekom demonstrates 5G connection in Hungary

Magyar Telekom demonstrated the first 5G connection in Hungary under real-world, non-laboratory conditions in Budapest on Monday. The technology could...

Telco

Diego opens 100th store in Hungary

Flooring, curtain and carpet retail chain Diego opened its 100th store in Hungary on June 30, in Balatonlelle (around 128...

Telco

Deficit-to-GDP ratio 1.1% in Q1 2018

The general government sector closed the first quarter of 2018 with a deficit of HUF 115.5 billion, equivalent to 1.1%...

Telco

Erste pays state HUF 6 bln dividend on 2017 earnings

Erste Bank Hungary has transferred dividends on 2017 earnings to its major shareholders, in line with their 15% stakes acquired...

Telco

MNB allocates HUF 50 bln of MIRS at tender

The National Bank of Hungary (MNB) allocated HUF 50 billion of its monetary policy interest rate swaps (MIRS) designed to...

Telco

Average earnings up more than 12% y-o-y in April

In January–April 2018, average gross earnings amounted to HUF 322,400, while average net earnings totaled HUF 214,400. Both the latter...

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...