Tech

Telco

Hungarians spending more on life insurance

Insurance companies registered a significant increase in revenues from life insurance in Q3, while the expenses connected with them barely rose....

Telco

Tesco agrees average 10% wage hike

Supermarket chain Tesco has reached an agreement with workersʼ unions on overall average wage hikes of close to 10% from...

Telco

Tender raises ‘fine-tuning’ FX swap stock to HUF 1.455 tln

The National Bank of Hungary (MNB) injected a gross HUF 100 billion or net HUF 50 bln forint liquidity into...

Telco

Retail lending stock of banks edges down in October

The retail lending stock of Hungarian banks was down in October compared to the previous month, fresh data from the...

Telco

Hungarian banksʼ corporate lending up slightly in October

The corporate lending stock of Hungarian banks edged up in October from the previous month, according to fresh data from...

Telco

Banking sector profit climbs 19% in Q1-Q3

The combined after-tax profits of Hungaryʼs banking sector rose 19% year-on-year to HUF 495.8 billion in the first three quarters...

Telco

Tender lowers ‘fine-tuning’ FX swaps

The National Bank of Hungary (MNB) on Monday injected HUF 184.08 billion liquidity into the Hungarian banking system through the...

Telco

Brisk business on Black Friday, despite modest price reductions

Black Friday sales in Hungary confirmed estimates that they would greatly contribute to full-year sales of participating sellers. However, promotional...

Telco

Investment fundsʼ net assets climb over HUF 6,300 bln in Q3

The combined net asset value of investment funds in Hungary rose 7.2% to HUF 6,303.2 bln in the twelve months...

Telco

Banks place HUF 25 bln in 3-month MNB deposits

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

Telco

Security printer ANY sees modest rise in net income

ANY Security Printing Company had consolidated net income of HUF 852 million in the first three quarters of 2017, up...

Telco

Gross wages up 13.6% y-o-y in September

In January-September 2017, both gross and net earnings grew to the same extent, by 12.8% compared to the corresponding nine-month...

Telco

Only one in five SMEs involved in exports – survey

Only 19% of Hungarian small- and medium-sized enterprises (SMEs) export their products, according to a survey published yesterday, commissioned by...

Telco

Ministry confirms HUF 1.418 tln deficit at end of October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.418 trillion deficit at the end of October, the...

Telco

K&H Bank income grows even with low base rate

K&H Bank recorded net income of HUF 32.2 billion in the first three quarters of 2017, including net income 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...