Tech

Telco

Deficit approaching full-year budgeted amount

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84%...

Telco

Samsonite opens second factory in Hungary

Luggage manufacturer and retailer Samsonite is opening its second assembly plant in Hungary, creating some 100 new jobs and manufacturing...

Telco

MNB rate-setters set final three-month depo cap at HUF 75 bln

The Monetary Council of the National Bank of Hungary (MNB) reduced the limit on the stock of three-month deposits, the...

Telco

Investment fund assets flat at HUF 5,993 bln in August

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) amounted...

Telco

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

Telco

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Telco

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Telco

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Telco

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Telco

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Telco

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Telco

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Telco

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

Telco

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...

Telco

Insurers‘ premium revenues up 5.6% in Q2

Hungarian insurersʼ second-quarter revenues from premiums rose 5.6% year-on-year to HUF 231.1 billion, fresh data compiled by the National Bank...

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...