Initiatives

Initiatives

First consolidated report approved by Takarékbank shareholders

Shareholders of Takarékbank, the "central bank" for Hungaryʼs recently integrated savings cooperatives, has approved the first consolidated report of the...

Initiatives

MNB starts buying Chinese bonds

The National Bank of Hungary (MNB) yesterday announced a decision to invest "a small portion" of its foreign exchange reserves...

Initiatives

Ericsson to open collaborative innovation space in Budapest

Swedenʼs Ericsson announced the opening of a collaborative workspace at its research and development base in Budapest. The "Ericsson Garage"...

Initiatives

KSH: Hungary’s investment volume falls 4.5% in Q1

Investment volume in Hungary saw a year-on-year decrease of 4.5% in the first quarter this year following a y.o.y. growth...

Initiatives

Savings cooperatives boycott association meeting

A general meeting of Hungary’s National Savings Cooperative Association (OTSZ) failed to reach quorum yesterday after two-thirds of members "protested"...

Initiatives

Hungarian, Ukrainian business leaders meet in Kiev

More than 300 business representatives and experts from Hungary and Ukraine participated at a business conference in Kiev today, Hungarian...

Initiatives

EBRD: Hungary’s growth decelerating but manageable

Hungaryʼs economic growth is likely to decelerate further from the 3.6% achieved last year, to what is being dubbed "a...

Initiatives

EC: Hungaryʼs GDP expected to rise by 2.8% in 2015

Hungaryʼs real GDP grew by 3.6% in 2014, but that growth is expected to slow to 2.8% this year and...

Initiatives

Hungary plans cooperation with Mexico, Brazil

After returning from Mexico and Brazil, state secretary for economic diplomacy Levente Magyar said on Hungarian state-owned news channel M1...

Initiatives

Gov’t raises 2015 GDP growth projection to 3.1%

The Hungarian government has raised its projection for GDP growth this year from 2.5% to 3.1%, state secretary Péter Benő...

Initiatives

Gov’t could limit energy drink consumption

Lajos Oláh, the MP of opposition Democratic Coalition, sent a letter to Zoltán Balog, Minister of Human Capacities, to find...

Initiatives

Training spots in dual education system set to reach 20,000

The number of training positions with companies in Hungaryʼs dual education system could rise from 8,000 to 20,000 by 2018,...

Initiatives

3,000 sign in for Sunday demo on changes to higher education

More than 3,000 people had signed up by today for a demonstration scheduled for 4 pm Sunday against proposed and...

Initiatives

University students protest to save courses

Students of the Faculty for Social Sciences at ELTE, Hungaryʼs largest and best-rated university, gathered for a demonstration yesterday in...

Initiatives

MNB fines savings cooperative Rum és Vidéke

The National Bank of Hungary (MNB) yesterday said it had fined savings cooperative Rum és Vidéke just over HUF 3...

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...