Initiatives

Initiatives

Budapest subway to stop for two days at end of March

Operations will be suspended on the entire length of Budapest’s line 4 metro on March 28 and March 29 for...

Initiatives

MNB fines savings cooperatives in Jászárokszállás for violations

The National Bank of Hungary (MNB) today said it had fined Jászárokszállás and Environs Savings Cooperative HUF 5 mln on...

Initiatives

State-owned ‘green bank’ to start operations soon

A "green bank" recently established by the Hungarian state to fund energy efficiency investments is expected to begin operations soon,...

Initiatives

Banking Association launches financial awareness program in schools

The Hungarian Banking Association on Monday launched a program to raise awareness at Hungarian schools regarding everyday financial matters, such...

Initiatives

Russia places partial ban on Hungarian poultry imports

Russia's animal health authority placed a ban on imports of Hungarian poultry products that have not been heat treated (at...

Initiatives

Adecco presents fourth installment of ‘Way to Work’ program

This year, Adecco is organizing its fourth job fair entitled “Way to Work” to help young jobseekers, the Hungarian subsidiary...

Initiatives

Opel’s expansion receives state subsidy

The Hungarian unit of U.S.-owned carmaker Opel is supported with a HUF 154 mln state subsidy for the establishment of...

Initiatives

More than 100,000 ducks slaughtered in eastern Hungary on avian flu scare

The total stock of ducks, consisting of more than 100,000 animals, was slaughtered at a poultry farm in Füzesgyarmat (eastern...

Initiatives

Garantiqa new guarantees worth HUF 282.1 bln in 2014

SME and local-council loan guarantor Garantiqa Hitelgarancia, which is part of the state-owned Hungarian Development Bank (MFB) Group, undertook new...

Initiatives

DAKK bus order exceeds HUF 3.5 bln

DAKK, the State-owned bus company operating in southeastern Hungary, has purchased 52 new Volvo buses for more than HUF 3.5...

Initiatives

Central bank launches renminbi initiative

The Hungarian National Bank (MNB) today announced the launch of its Renminbi Program (JRP), given that the “internationalization of the...

Initiatives

Evopro to set up JV with Russian peer in Moscow

Hungary's Evopro group plans to launch a joint venture with Russian partner Nanotechnology Center of Composites (NCC) to produce buses...

Initiatives

Corvinus, MFB sign contract on Budapest Bank purchase

Corvinus Nemzetközi Befektetési Zrt., a unit of state-owned Hungarian Development Bank (MFB) signed a contract on Friday regarding the purchase...

Initiatives

Unicredit increases voting rights in MOL to 5.15%

Unicredit S.p.A increased its indirect voting rights in Hungarian oil and gas company MOL to 5.15% on February 13, MOL...

Initiatives

Tender called for a HUF 60 bln loan to finance metro renovation

The Budapest local council has called a tender for a HUF 60 bln loan to finance the renovation of the...

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...