Initiatives

Initiatives

Savings coops seek closer cooperation, business model shift

Closer cooperation and a shift in the business model is at the heart of Hungaryʼs integrated savings cooperativesʼ new strategy,...

Initiatives

Foreign Ministry summons Russian ambassador

The Russian ambassador to Hungary has been summoned by the Ministry of Foreign Affairs and Trade over comments broadcast on...

Initiatives

Reports voice fears new gov’t foundations to be used to hide public money

Under an amendment passed last week, the Hungarian government will be able to establish foundations which experts fear could be...

Initiatives

Budapest Transport lays off 346 employees

The Budapest Transport Company (BKV) reduced its workforce by 346 employees by the end of the second quarter of 2016...

Initiatives

House passes law on farmland earmarked for compensation

The Hungarian Parliament today passed legislation on the transfer of ownership of farmland reserved as compensation for former landowners and...

Initiatives

MNB, EBRD close talks with banks on corporate NPL resolution

The National Bank of Hungary (MNB) and the European Bank for Reconstruction and Development (EBRD) have wound up talks with...

Initiatives

Future of Clouds conference held in Budapest

A conference on the future of cloud technology was held in Budapest last week, tackling the issue of cloud computing...

Initiatives

Ericsson Hungary relaunches free coach training for women

Ericsson Hungary is relaunching its free open coach training for women leaders this year, according to a press release issued...

Initiatives

EIF, Hungary sign agreement on financing for agrarian SMEs

The European Investment Fund (EIF) and Hungaryʼs Rural Credit Guarantee Foundation have signed an agreement to enhance access to financing...

Initiatives

More Hungarians participate in dual education

The number of students entering dual education in Hungary has grown by 53,000 lately, László Odrobina, deputy state secretary for...

Initiatives

KDB suspends metro replacement bus tender

The Public Procurement Arbitration Board (KDB) suspended on September 23 a tender called by BKK, the company managing Budapestʼs transport...

Initiatives

Erste Hungary, Kaposvár University agree on cooperation

The Hungarian subsidiary of Erste Bank and the University of Kaposvár signed a cooperation agreement Thursday under which the two...

Initiatives

Economic Cabinet clears Volánbusz capital raise

A decision by the governmentʼs Economic Cabinet yesterday clears the way for a capital raise at state-owned bus company Volánbusz,...

Initiatives

Government broadens family home purchase subsidies

The Hungarian government has decided to broaden the scope of those eligible for home purchase subsidies for families, government officials...

Initiatives

OTP CEO Csányi receives honorary doctorate

OTP Bank CEO Sándor Csányi (pictured) received an honorary doctorate from McDaniel College Budapest yesterday, presented by McDaniel College President...

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...