Initiatives

Initiatives

Govʼt earmarks HUF 3.6 bln for student summer jobs

Hungaryʼs government will again make subsidies available to businesses and local councils to hire students for summer jobs this year,...

Initiatives

State support may bring modern tractor fleets

The introduction of a new state support measure may result in increased activity on the agricultural machinery market, as well...

Initiatives

Takarék group launches new universal commercial bank

Takarékbank Zrt., the new universal commercial bank of Hungaryʼs integrated savings cooperatives, launched on Monday with 139 branches in seven...

Initiatives

Convergence Program puts growth at 4% in near future

Hungaryʼs GDP growth is set to stay around 4% in the coming years, according to the countryʼs latest annual Convergence...

Initiatives

Clean Russian oil in Druzhba pipeline

Clean Russian oil delivered via the Druzhba pipeline reached the border with Belarus by midday on Monday, five days after...

Initiatives

Fashion & Design Agency launches mentor program

The Hungarian Fashion & Design Agency has announced the launch of the Design START mentor program, aiming to lend professional...

Initiatives

MOLʼs Hernádi set to head Corvinus University foundation

Minister for Innovation and Technology László Palkovics said Wednesday he has asked MOL Chairman-CEO Zsolt Hernádi to act as chairman...

Initiatives

Ariston Thermo launches CSR campaign

Specializing in water heating solutions, the Hungarian unit of Ariston Thermo has launched a CSR program targeting Hungarian kindergartens, according...

Initiatives

Szirmák named IPFʼs European head of home credit

Botond Szirmák, head of Provident Pénzügyi Zrt., has been appointed European home credit general manager of the firmʼs parent, British-based...

Initiatives

MTA, government gear up for fight over control of research

The Presidium of the Hungarian Academy of Sciences (MTA) Tuesday pledged its continued support for keeping the academyʼs research network...

Initiatives

China lifts ban on imports of Hungarian duck, goose

China has lifted a ban on imports of duck and goose products from Hungary, in place since 2015 because of...

Initiatives

Govʼt mandates Africa trade and diplomacy measures

Hungaryʼs government mandated a number of measures that aim to place Hungaryʼs trade and diplomacy in Africa "on a new...

Initiatives

Parliament approves legislation on bourse unit for securitization

Lawmakers on Tuesday approved legislation that paves the way for the Budapest Stock Exchange (BÉT) to establish a unit to...

Initiatives

Govʼt mandates export development measures

Hungaryʼs government has mandated a number of measures to boost the exports of local businesses in a resolution published in...

Initiatives

First Alipay terminal in Hungary inaugurated

The first terminal of Chinese mobile and online payment platform Alipay was inaugurated in Hungary on Friday, the National Bank...

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...