Initiatives

Initiatives

MKB Bank receives prize from Hungarian banking association

MKB Bank has been awarded the Ambassador of Financial Culture Prize by the Hungarian Banking Association, Hungarian news agency MTI...

Initiatives

MNB fines investment fund manager Globeserv HUF 30 mln

The National Bank of Hungary (MNB) suspended the portfolio management activities of Globeserv Befektétesi Alapkezelő on charges of shortfalls, the...

Initiatives

Hungarian firm to supply Airbus Defence and Space with satellite components

Hungarian firm Admatis (Advanced Materials in Space) has been awarded a contract to deliver 140 satellite components to Airbus Defence...

Initiatives

Hungary, Taiwan discuss goose trade

Gyula Budai, Hungaryʼs government commissioner for managing the impact of the Russian embargo on Hungaryʼs farm sector, has held talks...

Initiatives

Collector Pákh to sue over listing of Munkácsy painting

Hungarian-American Imre Pákh will sue over the listing of a painting he owns that is currently on loan to the...

Initiatives

OTP Romania extends timeframe of Swiss franc conversion scheme

OTP Bank Romania is extending by one month its three-month-long Swiss franc loan conversion program, OTP Bank Romania CEO László...

Initiatives

Cases handled by arbitration board up 15%

Budapest’s Arbitration Board (BBT), a forum for making decisions in consumer protection issues, handled 15% more cases in 2015, as...

Initiatives

Hungary’s first dual graduates receive degrees

Some 17 students of the first dual training program launched in Hungary received their degrees on Saturday from Kecskemét College...

Initiatives

Resolution calls to support the dairy industry

The Hungarian government issued a resolution on measures to support the countryʼs “troubled” dairy industry, Hungarian news agency MTI reported...

Initiatives

Bill submitted to raise salaries at MNB, allow more discretion

A bill submitted to Parliament yesterday by an MP of governing Fidesz would raise the pay of top officials at...

Initiatives

KSH: Hungary’s investments up 7% in Q4 in 2015

The volume of investments in the Hungarian national economy was up 7% in the fourth quarter of last year, as...

Initiatives

Hungary’s Semmelweis University inks agreement with Samsung Medison

Hungary’s Semmelweis University and South-Korean medical instrument research and manufacturing company Samsung Medison recently signed a cooperation agreement, Hungary’s National...

Initiatives

Takarékbank, grain farmers association sign cooperation agreement

Hungaryʼs Takarékbank has signed a cooperation agreement with the National Association of Grain Farmers, the parties said on Friday....

Initiatives

Six Hungarian student teams invited to Shell’s Eco-Marathon Europe

One secondary school and five university teams from Hungary have been invited to participate in Shell’s Eco-Marathon Europe competition, as...

Initiatives

Miskolc public transport workers on strike

Employees of the Miskolc City Transportation Company have gone on strike, saying the company failed to provide salary increases as...

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...