Initiatives

Initiatives

State television to broadcast English news

As a part of the reorganization and consolidation of management that Hungarian state-owned television channels are about to undergo, flagship...

Initiatives

BKV offers tender for 15 buses

Budapest Transport Centre (BKV) opened a tender for another 15 "partially knocked down kit" buses that BKV is planning to...

Initiatives

The Psychology of Torture

Like most Americans, I was appalled as I read the recent U.S. Senate Intelligence Committee’s report on the C.I.A.’s treatment...

Initiatives

MNB withdraws license of another savings cooperative

The National Bank of Hungary (MNB) on Friday said it withdrew the license of Magyar Vidék credit cooperative at the...

Initiatives

Fewer people employed at banks

The number of people working in Hungarian banks and credit institutions fell by a further 500 or 1.3%, to just...

Initiatives

Gov’t exempts Főgáz acquisition from GVH scrunity

The Hungarian government declared its acquisition of 49.8% of the shares of Budapest gas distributor Főgáz via state-owned Hungarian Development...

Initiatives

Baby bond accounts exceed 63,000

The Hungarian State Treasury reported to have managed 63,578 Start accounts, which parents must open to be eligible for "baby...

Initiatives

OBA starts compensating Tisza depositors

Hungary's National Deposit Insurance Fund (OBA) said it started paying compensation to account holders of failed Tisza Savings Cooperative on...

Initiatives

Voucher companies look to restructure Hungary’s voucher system

Voucher companies Sodexo, Le Cheque Dejeuner and Edenred are seeking compensation from the Hungarian state at the International Centre for...

Initiatives

Hungary and Russia sign agreements on Paks

Hungarian and Russian companies MVM Paks II Nuclear Power Plant Development Company and Russia's Nizhny Novgorod Engineering Company Atomenergoproekt signed...

Initiatives

PM’s office: Savings cooperatives’ cross-guarantee pool complete

The changes made to the savings cooperative system were completed as another 39 savings cooperatives joined a cross-guarantee pool on...

Initiatives

Hungarian govʼt wants to convince EC to approve SME grants

The Hungarian government intends to give non-refundable support (grants) to small and medium-size businesses (SMEs) operating in the field of...

Initiatives

MOL and ING to settle share option agreement in cash, enter new one

Hungarian oil and gas company and Netherlands-based financial services company ING will cash-settle a share option agreement regarding 5,220,000 MOL...

Initiatives

Another 27 savings coops join cross-guarantee pool

Accordingh to recent reports, another 27 savings cooperatives joined a cross-guarantee pool, raising the total number of participants to 78,...

Initiatives

Coverage of anti-gov’t demos boosts ATV’s ratings

Private television station ATV beat out major state-owned channels in viewership, data published by nol.hu on Tuesday reveals. The highest...

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...