Tech

Telco

FX loans lift Hungarian corporate lending stock

Hungarian banksʼ corporate lending stock climbed HUF 86 billion to HUF 6.543 trillion in November from a month earlier as...

Telco

General government deficit 0.5% of GDP in Q1-Q3 2017

The deficit of Hungaryʼs general government sector in the first three quarters of 2017 totaled HUF 139.6 billion, equivalent to...

Telco

Budapest Christmas fairs; a good business for exhibitors

Christmas fairs in Budapest are spectacular and a major tourist attraction in December. The organizers of the Christmas fair in...

Telco

Advance payments on EU funding lift deficit

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,639.0 billion deficit by the end of November, lifted...

Telco

Stock of 3-month deposits hits end-of-quarter target

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Telco

Wages in Hungary grow fast in 2017

In October 2017, average gross earnings amounted to HUF 295,800, 12.8% higher than a year earlier, the Central Statistical Office...

Telco

Foreign firms generate 64% of IT sector revenues

Foreign-owned non-financial companies posted a combined total of HUF 45,000 billion sales revenues in Hungary in 2016, 2.3% less in...

Telco

Net sales of retail govʼt securities HUF 2.5 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 2.5 billion in November, bringing the total...

Telco

MOL to launch car sharing service next year

National oil and gas company MOL will start a new car sharing service in Budapest from next year. Customers will...

Telco

Investments declining in SME sector

Hungaryʼs small and medium-sized enterprises (SMEs) employed close to two million people last year, contributing 43% of added value, 42%...

Telco

Banking sector liquidity down in November

Forint liquidity of Hungaryʼs banking sector fell in November from a month earlier, mainly reflected in declines in the average...

Telco

Videoton to build new production facility in Székesfehérvár

Electronics manufacturer Videoton EAS on Tuesday laid the cornerstone for a HUF 5 billion production hall in Székesfehérvár. The company...

Telco

SMEs begin applying for funds for tech development

Micro and small and medium-sized enterprises (SMEs) may submit applications from today for a total of HUF 17 billion in...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1,506 bln

The National Bank of Hungary (MNB) injected a gross HUF 75 billion, or net HUF 50 bln, forint liquidity into...

Telco

ÁKK accepts no bids at six-week T-bill auction

The Government Debt Management Agency (ÁKK) planned to sell HUF 30 billion of discount six-week T-bills at a liquidity auction...

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...