Tech

Telco

PortfoLion invests USD 5 mln in local startup Starschema

Venture capital fund manager PortfoLion, a member of the OTP Group, Hungaryʼs biggest commercial lender, is investing USD 5 million...

Telco

MTel profit plunges in fourth quarter

Magyar Telekomʼs fourth-quarter after-tax profit dropped 75% year-on-year to HUF 5.2 billion, hit by higher costs and the effect of...

Telco

Rába profit climbs 14% in 2017

Hungarian automotive industry holding Rábaʼs after-tax profit climbed 14% to HUF 1.57 billion last year, boosted by higher revenues, a...

Telco

Ministry confirms HUF 192.8 bln deficit at end of January

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 192.8 billion deficit at the end of January, the...

Telco

Fresh milk sales growing after VAT slashed

Milk and dairy products represent a growing business at supermarket chains, with annual revenues reaching nearly HUF 40 billion, reports...

Telco

CIG Pannónia 2017 premium revenues lifted by MKB acquisition

Listed insurance company CIG Pannóniaʼs revenue from premiums rose 48% to HUF 26.0 billion in 2017, lifted by its acquisition...

Telco

MOL posts outstanding profit in fourth quarter

Hungarian oil and gas companyʼs fourth-quarter net income rose 76% year-on-year to HUF 76.6 billion, lifted by higher revenues and...

Telco

Wage growth reaches 13.5% y-o-y in December

Average gross nominal wages for full-time employees in Hungary rose 13.5% year-on-year to HUF 327,713 in December, the Central Statistical...

Telco

Tender leaves MNB FX swap stock unchanged

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will stay unchanged at HUF 1.486 trillion...

Telco

UPC subscribers above 2 million in Hungary

Revenues of telecom service provider UPC Magyarország rose 9.7% last year, the company said yesterday. The company did not disclose...

Telco

MNB allocates HUF 50 bln of MIRS at tender

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

Telco

Net sales of retail govʼt securities top HUF 200 bln in January

Net sales of forint-denominated government securities targeted at retail investors came to HUF 204.8 billion in January, bringing the total...

Telco

Tender reduces MNB FX swap stock by HUF 25 bln

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will fall by about HUF 25 bln...

Telco

Richter profit plummets on financial loss, taxes

Hungarian drugmaker Gedeon Richterʼs fourth-quarter net income fell 70% year-on-year to HUF 6.6 billion, dragged lower by a financial loss...

Telco

Richter share price drops as EMA issues Esmya caution

Hungarian pharmaceutical company Gedeon Richter said on Friday that the European Medicines Agency (EMA) has recommended temporarily restricting prescriptions of...

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...