Tech

Telco

MKB after-tax profit up sharply in H1

MKB Bank had HUF 19.46 billion after-tax profit in the first half of 2017, compared to HUF 1.54 bln in...

Telco

Govʼt says deficit target of below 3% still on track

The government is focusing on speeding up economic growth and improving the situation of companies and families. Financial resources are...

Telco

Dramatic improvement in Hungaryʼs internet connections

The internet bandwidth in Hungary has increased dramatically in the last decade. While optical networks have greatly expanded, the development...

Telco

Castle and palace renovation program to start this year

By the end of this year, restoration work on 15 castles and palaces in Hungary will begin, according to the...

Telco

K&H net income edges down on base effect of VISA sale

K&H Bank, owned by KBC Bank of Belgium, had first-half net income of HUF 22.5 billion, down 2.1% from the...

Telco

Hungarians love shopping abroad

A growing number of Hungarians do their shopping in neighboring countries and the amount of money they spend abroad is...

Telco

Corporate lending stock of Hungarian banks up in July

The corporate lending stock of Hungarian banks rose slightly from the previous month in July, as net corporate borrowing more...

Telco

Government expands electric vehicle subsidies

The government is raising the electric vehicle subsidy threshold for corporate fleets from five to 35 vehicles, István Lepsényi, state...

Telco

Govʼt raises capital of Széchenyi Venture Capital Fund

Hungaryʼs government has raised the capital of the EU-supported Széchenyi Venture Capital Fund, established by the state to invest in...

Telco

Banking sector profitability slightly up in H1

Hungarian banksʼ combined after-tax profits at the end of the first half of 2017 came to HUF 362.9 billion, compared...

Telco

Dunaferr on right track to achieve production plans

Hungarian steel maker ISD Dunaferr, which has been struggling for a long time to become profitable, recently reported that it...

Telco

Rába posts revenues of HUF 21.6 bln in first half

Hungarian automotive industry concern Rába recorded revenues of HUF 21.6 billion in the first half of 2017, up 5.4% from...

Telco

Univer inaugurates giant tomato-processing plant

Hungarian condiments maker Univer Product Zrt. (based in Kecskemét, central Hungary) inaugurated a HUF 4.3 billion tomato processing plant Thursday,...

Telco

Three-month MNB depo stock cut by HUF 50 bln to HUF 450 bln

The National Bank of Hungary (MNB) accepted placements of HUF 125 billion in its three-month deposit facility at a tender...

Telco

Old HUF 1,000 bill to be withdrawn by November 2018

A new HUF 1,000 bill with enhanced security features will become legal tender tomorrow, but will only enter into circulation...

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...