Initiatives

Initiatives

Norway criticizes police raids on NGOs

Norway strongly criticized Hungary today, saying the country is distancing itself from European democratic norms. Yesterday the Hungarian police raided...

Initiatives

MNB withdraws license of Alba Takarék bank

The National Bank of Hungary (MNB) has withdrawn the operating license of savings cooperative Alba Takarékszövetkezet after an investigation revealed...

Initiatives

State to buy Hungary-Slovak gas transit company from state-owned shareholder

The state will take direct ownership in Magyar Gáz Tranzit, a Hungarian company responsible for the Slovak-Hungarian gas interconnector, currently...

Initiatives

Sale of TakarékBank stake closed

With Magyar posta’s transfer of its TakarékBank shares on August 6th to Magyar Takarék Befektetési és Vagyongazdálkodási Zrt., the sale...

Initiatives

MOL to acquire LUKOIL stations

Hungarian oil and gas company MOL has bought 44 service stations from the Russian oil company LUKOIL in the Czech...

Initiatives

Economy Ministry to issue EU tenders earlier

The National Economy Ministry is planning to issue its initial tenders for European Union funding for the 2014-2020 budget period...

Initiatives

Audi Hungária School starts HUF 5 bln expansion

Government and corporate officials today laid the cornerstone of a HUF 5 bln expansion that will triple the size of...

Initiatives

Bad for business and democracy

The following editorial is from July 18 print edition of the Budapest Business Journal. Twenty-five years ago, Viktor Orbán and...

Initiatives

Lázár takes over as Hungary’s chief negotiator on EU funds

János Lázár, minister of Prime Minister’s Office, will take over as Hungary’s chief negotiator of EU fund planning, replacing current...

Initiatives

Panasonic brings technology to Budapest

Panasonic is introducing its audio-visual solutions at his professional conference of 2014 entitled “Sharing the vision”....

Initiatives

Possible advent of EXIM Microcredit Card

The National Economy Ministry (NGM) and the state-owned Hungarian Export-Import Bank (Eximbank) would introduce the EXIM Microcredit Card....

Initiatives

KSH: GDP growth up 3.5% y.o.y. in Q1 2013

Hungary’s first-quarter GDP growth accelerated to 3.5% year-on-year, up from 2.7% in Q4 2013, the Central Statistics Office (KSH) reported...

Initiatives

Magyar Takarék acquisition of Takarékbank shares

The National Bank of Hungary (MNB) has cleared the acquisition by Magyar Takarék of a stake reaching 50% in Magyar...

Initiatives

Epson study considers trends in SME printing habits

A study commissioned by Epson Hungary and undertaken by KutatóCentrum sheds some light on trends in printing among local small-...

Initiatives

Orbán supports Poland plan for EU energy union

Prime Minister Viktor Orbán was in Poland this week to meet with his counterpart Donald Tusk on various issues headlined...

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...