Tech

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Science

Wild Code School to open Budapest campus

International programming school Wild Code School announced opening a campus in Budapest, offering five-month web developer courses in English from...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Telco

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Science

Hungary to partner with Huawei on 5G rollout

Hungary will cooperate with Chinese telecommunications giant Huawei to build its 5G network, Minister of Foreign Affairs and Trade Péter...

Telco

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Telco

Gross wages up 11.5% in August

The average gross wage for full-time workers in Hungary rose 11.5% year-on-year to HUF 358,876 in August, the Central Statistical...

Telco

Hungary R&D spending up 27% in 2018

Spending on research and development in Hungary came to more than HUF 654 billion, or 1.53% of GDP in 2018,...

Innovation

Tungsram, iLex launch SME assistance platform

Hungarian legal IT startup iLex and lighting company Tungsram have announced the launch of an online platform aimed at helping...

Telco

Photon Energy brings 5.6 MWp of PV online

Amsterdam-based Photon Energy NV has announced it has commissioned 5.6 MWp (megawatt-peak) of solar photovoltaic (PV) farms in the town...

Innovation

UAE royal family acquires 15% of CPI cryptocurrency project

The Emirati royal family has acquired 15% of the Crypto Price Index (CPI) project, which is creating a cryptocurrency analog...

Telco

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Telco

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Science

Wild Code School to open Budapest campus

International programming school Wild Code School announced opening a campus in Budapest, offering five-month web developer courses in English from...

Telco

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

Telco

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

Telco

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Telco

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Telco

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Science

Hungary to partner with Huawei on 5G rollout

Hungary will cooperate with Chinese telecommunications giant Huawei to build its 5G network, Minister of Foreign Affairs and Trade Péter...

Telco

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Telco

Gross wages up 11.5% in August

The average gross wage for full-time workers in Hungary rose 11.5% year-on-year to HUF 358,876 in August, the Central Statistical...

Telco

Hungary R&D spending up 27% in 2018

Spending on research and development in Hungary came to more than HUF 654 billion, or 1.53% of GDP in 2018,...

Innovation

Tungsram, iLex launch SME assistance platform

Hungarian legal IT startup iLex and lighting company Tungsram have announced the launch of an online platform aimed at helping...

Telco

Photon Energy brings 5.6 MWp of PV online

Amsterdam-based Photon Energy NV has announced it has commissioned 5.6 MWp (megawatt-peak) of solar photovoltaic (PV) farms in the town...

Innovation

UAE royal family acquires 15% of CPI cryptocurrency project

The Emirati royal family has acquired 15% of the Crypto Price Index (CPI) project, which is creating a cryptocurrency analog...

Salami prices skyrocket due to swine fever

The average price for a kilogram of winter salami has grown by 8% over the course of a single week,...

Hungary farm sector output reaches HUF 2.693 tln in 2018

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing...

Wild Code School to open Budapest campus

International programming school Wild Code School announced opening a campus in Budapest, offering five-month web developer courses in English from...

Higher revenue, financial gain boost Richter Q3 earnings

The third-quarter net income of Hungarian pharmaceutical company Gedeon Richter jumped 151% year-on-year to HUF 22.2 billion, boosted by higher...

OTP earnings up 53% in Q3

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by...

MTel revenues steady, costs controlled in Q3

Third-quarter after-tax profit of Magyar Telekom (MTel) fell 10% year-on-year to HUF 13.0 billion as accounting changes offset a small...

Bakery firm plans share flotation in coming years

Baked goods maker Zalaco plans to list its shares on the stock exchange, possibly in 2022 or 2023, owner-CEO László...

Innogy signs 10-year Polish PPA with brewer Asahi

German renewables firm Innogy SE says it has signed a 10-year power purchase agreement (PPA) with Polish beer producer Kompania...

Hungary to partner with Huawei on 5G rollout

Hungary will cooperate with Chinese telecommunications giant Huawei to build its 5G network, Minister of Foreign Affairs and Trade Péter...

MOL Q3 profit drops as financial losses grow

Hungarian oil and gas company MOLʼs third-quarter net income fell 34% year-on-year to HUF 59.8 billion as revenues declined and...

Gross wages up 11.5% in August

The average gross wage for full-time workers in Hungary rose 11.5% year-on-year to HUF 358,876 in August, the Central Statistical...

Hungary R&D spending up 27% in 2018

Spending on research and development in Hungary came to more than HUF 654 billion, or 1.53% of GDP in 2018,...

Tungsram, iLex launch SME assistance platform

Hungarian legal IT startup iLex and lighting company Tungsram have announced the launch of an online platform aimed at helping...

Photon Energy brings 5.6 MWp of PV online

Amsterdam-based Photon Energy NV has announced it has commissioned 5.6 MWp (megawatt-peak) of solar photovoltaic (PV) farms in the town...

UAE royal family acquires 15% of CPI cryptocurrency project

The Emirati royal family has acquired 15% of the Crypto Price Index (CPI) project, which is creating a cryptocurrency analog...