Environment

Initiatives

Opus shareholders to vote on bond issue, board expansion

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of...

Initiatives

Bourgogne Gastronomie inaugurates HUF 6.5 bln plant

Bourgogne Gastronomie Kft., a French-owned company dealing with snail processing and the production of frozen pasta, has opened a HUF...

Recycling

EU to invest EUR 48 mln in Croatia’s Srebrnjak children hospital

The European Union will invest more than EUR 48 million in the upgrade of a children hospital in Srebrnjak, near...

Initiatives

Control Premiums: How Much is Control Worth?

The majority of corporate acquisitions are acquisitions of majority interests. In their latest M&A column, Les Nemethy and Sergey Glekov...

Initiatives

Hungary to set up independent fund for healthcare research

Minister for Innovation and Technology László Palkovics on Wednesday announced plans to set up an independent fund for research in...

Recycling

Claessens tops out HUF 3.1 bln feed plant

Hungarian agribusiness Claessens, established by a family of Belgian farmers more than 20 years ago, topped out a HUF 3.1...

Initiatives

Pensioner coops employ more than 20,000

The legal form of cooperative was introduced in Hungary in 2017 to keep retired people economically active and fill shortages...

Initiatives

Codecool starts weekend programming courses

Programming school Codecool announced it is launching weekend courses this month in order to accommodate to the needs of those...

Recycling

Contract for regional gas pipeline to be signed this week

Bulgarian Prime Minister Boyko Borisov said on Sunday (September 1) that a contract for a gas pipeline running from Turkey...

Initiatives

Kulcs-Soft celebrates 30 years with SME, school campaign

Kulcs-Soft, a Hungarian software company celebrating 30 years since its foundation and ten years on the stock market, closed its...

Initiatives

Application for foreign policy internship opens

The Institute for Foreign Affairs and Trade (KKI) has opened applications for its 2019/2020 fall term research internship program, the...

Initiatives

Martin Kern appointed EIT director

The European Institute of Innovation and Technology (EIT) revealed Friday that Martin Kern has been appointed director by the Governing...

Initiatives

BlackRockʼs voting rights in Richter drop below 5%

Total voting rights held by U.S.-based global asset manager BlackRock in Hungarian pharmaceuticals firm Gedeon Richter have dropped below 5%,...

Initiatives

V2X startup Commsignia gets USD 11 mln funding

Hungarian-founded startup Commsignia, a market leader in V2X (vehicle-to-everything) solutions, has announced the closure of an USD 11 million fundraising...

Initiatives

Commuters sweat as AC breaks down on Budapest buses

Despite the suffocating heat of recent days, air conditioning systems do not work on a high number of public transport...

Pollution

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

Environment

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Recycling

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Environment, Business, Initiatives

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Environment

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Environment

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Pollution

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Initiatives

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Dongwha Plant’s Environmental Permit Revoked in Hungary

The environmental permit for South Korea’s Dongwha electrolyte manufacturing and NMP recycling plant in Sóskút has been revoked following an...

CATL Hungary Fined HUF 10 mln Over Environmental Permit Violations

The Debrecen plant of Chinese battery maker CATL violated several provisions of its environmental use permit and was fined HUF...

Hungary Introduces Water Restrictions in 629 Settlements

In response to the extreme heat and drought in Hungary, first-degree water restrictions have been introduced in 465 settlements, according...

Hungary Reviews Battery Plants’ Emissions, Water Use and Waste Management

A nationwide inspection program covering the full operating chain of Hungary’s battery industry began Aug. 1, Minister of the Living...

Alteo Starts Trial Run at New DRS Waste Processing Plant

Alteo Group will significantly increase its processing capacity for returned beverage packaging from this summer, with the launch of trial...

Budapest Water Supply ‘Stable’ Amid Heatwave

The water supply of Budapest is "stable", the city is in a position to help out settlements around the capital...

Budapest Proposes Tiered Water‑fee System to Cut Waste

Budapest is calling for a reform of Hungary’s water-pricing system, proposing free basic household consumption and progressively higher rates for...

Hungarian Environmental Protection Authority Initiates Proceedings Against CATL

The environmental protection authority has initiated proceedings against Chinese-owned CATL as the company illegally discharged green-colored liquid from a sewer...

BCSDH Breakfast Links Sustainability Award to Promoting Scalable Business Change

The Business Council for Sustainable Development in Hungary used its Sustainable Future Inspiration Breakfast on May 6 to shift the...

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Questions Arise About Toxic Exposure at Samsung Göd, Company Denies Media Reports

In 2023, Hungary’s government secretly ordered the Constitution Protection Office, the National Information Center, and intelligence agencies to investigate the...

Hungary DRS manages More Than 3 bln Returns in 2025

Hungary's deposit-return system (DRS) managed the return of over 3 billion bottles and cans in 2025, Mohu, a unit of...

Air Quality Deteriorating in Several Parts of Hungary

A high concentration of airborne dust particles is further deteriorating air quality in several parts of Hungary, the National Public...

Gov’t Calls Tender to Support Creation of Wetland Habitats

The gov't is calling a HUF 12.8 billion tender to support the development of natural wetland habitats, contributing to long-term...

Mohu’s Recycling Success Met With Bitter Irony by Large Retail Partners

Hungary’s deposit return system (DRS) on beverage packaging is an “internationally recognized” success, according to Mohu, the monopoly operator, but...