Initiatives

Initiatives

PM puts New Hungary program to Parliament

The second Gyurcsány government's program, dubbed New Hungary, will focus on creating quality jobs, modern industry and services in the...

Initiatives

PM submits gov’t program to Parliament

Prime Minister Ferenc Gyurcsány submitted his government's program to Parliament on Tuesday afternoon....

Initiatives

SMEs submit 1,750 bids in technology funding scheme

The Ministry of Economy and Transport received 1,750 applications for Ft 4 billion in funding in the fourth phase of...

Initiatives

Nabi leaves bus production for car industry

Unprofitable Hungarian bus maker Nabi Bus Industries Rt will halt bus production and buy local car industry suppliers instead once...

Initiatives

Prefab housing estates to be modernized by 2013

A total of 80% of Hungary's prefab housing estates will be refurbished by 2013 with the help of European Union...

Initiatives

Scania revenue in Hungary increases 15% in 2005

Sweden's Scania sold 381 trucks and 35 buses in Hungary in 2005, generating revenue of Ft 13 billion, 15% more...

Initiatives

Bábolna in talks of exchanging debt for stake in Zalabaromfi

State-owned agricultural company Bábolna Rt might obtain a stake in struggling poultry company Zalabaromfi Rt in a debt-for-equity swap, business...

Initiatives

New Volán tender called after previous one rejected

Hungary's long-distance bus company group Volán has called a new tender to supply buses worth Ft 9 billion after the...

Initiatives

Volán tender organizer fined Ft 3 mln, ordered to call new tenders

The Public Procurement Arbitration Board (KDB) announced on Monday it had suspended two tenders for buses called by the Volán...

Initiatives

Zalabaromfi general meeting rejects liquidation

Yesterday's general meeting of debt-ridden meat producer Zalabaromfi Rt rejected a liquidation proposal put forward by Monopolis Kft, the company's...

Initiatives

Erste to offer state-subsidized individual retirement accounts

Erste Bank Hungary Rt announced on Tuesday it will start offering state-subsidized individual retirement savings accounts from April 18....

Initiatives

Graphisoft board proposes no dividend on 2005 profits

The board of architecture software developer Graphisoft Rt will propose to an annual shareholders' meeting to convene on April 28...

Initiatives

Transelektro receives bridging loan

Troubled holding company Ganz Transelektro Rt has received a Ft 3 billion bridging loan, backed by a 75% state guarantee,...

Initiatives

Gov’t to grant Ft 5 bln for poultry plants losses

The government will spend Ft 5 billion to help its poultry industry cut losses after bird flu deterred customers, Bloomberg...

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...

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...

Initiatives

E.ON Hungária Announces New Edition of ‘Champions of the Earth’ Competition

The E.ON Hungária Group is once again inviting schools and kindergartens to submit sustainability-focused projects for its "Champions of the...

Initiatives

Áder Slams COP as Ineffective, Proposes G20 as Basis for Future Climate Policy Discussions

Using words such as “circus” and “hypocrisy,” Hungary’s former President János Áder lambasted the annual United Nations Climate Conferences (COPs),...

Initiatives

Áder: Hungarian Researchers Propose ‘Sustainability Turnaround’

Hungarian researchers have worked out a methodology for replacing GDP with a "sustainability turnaround" indicator showing the negative effects of...

Initiatives

European Greentech Firms Eye Japanese Market Through Eco Campaign

Hungarian consultancy firm Sudy & Co. has launched a new campaign aimed at helping European greentech companies break into the...

Initiatives

Hungary Posts Impact Study of Nat’l Energy and Climate Plan

The Energy Affairs Ministry has issued an impact study of Hungary's National Energy and Climate Plan for public debate....

Initiatives

Meijer&Co Organizing 24-hr Walk in Városliget, Raising Funds to Regreen the Planet 

What began as an unconventional idea in 2021, with four friends attempting to walk non-stop for 24 hours in Amsterdam...

Initiatives

Afforestation Program Planting 56,000 Trees by Year-end

By the end of the year, the number of trees planted in the Settlement Afforestation Program will reach 56,000, said...

Initiatives

EC Acknowledges Pécs for Steps to Achieve Climate Neutrality

The European Commission acknowledged Pécs for its plans to achieve climate neutrality with the award of the EU Mission Label...

Initiatives

Hungary Establishes Nat’l ESG Council

The National Economy Ministry on Wednesday announced the establishment of the National ESG Council which will play an important role...

Initiatives

Bábolna Establishing Hungary’s 1st Energy Community

Hungary's first energy community, capable of operation and officially registered, is being set up in the town of Bábolna (90...

Initiatives

GVH Recommends Anti-Greenwashing Measures

Hungary's Competition Office (GVH) has recommended lawmakers establish a uniform system for gauging the environmental impact of products to help...

Initiatives

Hungary Restarting ‘Golden Visa’ Program

Hungary will offer a residency permit for those who purchase expensive property in the European Union nation six years after...

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...

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...

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...

E.ON Hungária Announces New Edition of ‘Champions of the Earth’ Competition

The E.ON Hungária Group is once again inviting schools and kindergartens to submit sustainability-focused projects for its "Champions of the...

Áder Slams COP as Ineffective, Proposes G20 as Basis for Future Climate Policy Discussions

Using words such as “circus” and “hypocrisy,” Hungary’s former President János Áder lambasted the annual United Nations Climate Conferences (COPs),...

Áder: Hungarian Researchers Propose ‘Sustainability Turnaround’

Hungarian researchers have worked out a methodology for replacing GDP with a "sustainability turnaround" indicator showing the negative effects of...

European Greentech Firms Eye Japanese Market Through Eco Campaign

Hungarian consultancy firm Sudy & Co. has launched a new campaign aimed at helping European greentech companies break into the...

Hungary Posts Impact Study of Nat’l Energy and Climate Plan

The Energy Affairs Ministry has issued an impact study of Hungary's National Energy and Climate Plan for public debate....

Meijer&Co Organizing 24-hr Walk in Városliget, Raising Funds to Regreen the Planet 

What began as an unconventional idea in 2021, with four friends attempting to walk non-stop for 24 hours in Amsterdam...

Afforestation Program Planting 56,000 Trees by Year-end

By the end of the year, the number of trees planted in the Settlement Afforestation Program will reach 56,000, said...

EC Acknowledges Pécs for Steps to Achieve Climate Neutrality

The European Commission acknowledged Pécs for its plans to achieve climate neutrality with the award of the EU Mission Label...

Hungary Establishes Nat’l ESG Council

The National Economy Ministry on Wednesday announced the establishment of the National ESG Council which will play an important role...

Bábolna Establishing Hungary’s 1st Energy Community

Hungary's first energy community, capable of operation and officially registered, is being set up in the town of Bábolna (90...

GVH Recommends Anti-Greenwashing Measures

Hungary's Competition Office (GVH) has recommended lawmakers establish a uniform system for gauging the environmental impact of products to help...

Hungary Restarting ‘Golden Visa’ Program

Hungary will offer a residency permit for those who purchase expensive property in the European Union nation six years after...