Initiatives

Initiatives

New equestrian industry law to be redacted

Legislation passed by Parliament in 2013 redefining regulations for equestrian service and activity providing will be redacted by the Rural...

Initiatives

Varga: E.ON purchase, savings co-ops no risk to deficit target

The state’s purchase of E.ON’s gas business in Hungary and spending on the integration of the country’s savings cooperatives will...

Initiatives

MFB cleared for direct control of strategic gas reserve company

Hungary’s Competition Office (GVH) reported on Friday that the acquisition of MMBF Földgáztároló, which operates the country’s strategic gas reserves,...

Initiatives

Saving co-ops could be allowed rebuy of Takarékbank shares

A government resolution mandating the sale of Takarékbank could give savings cooperatives a chance to reacquire their stakes in the...

Initiatives

Eximbank, government get €150 million in EIB loans

The European Investment Bank (EIB) has agreed to grant Hungary’s state-owned Magyar Export-Import Bank (Eximbank) a €100 million loan to...

Initiatives

Gov’t to reopen retrofitting subsidy scheme

From the Budapest Business Journal print edition: The government has announced the re-launch of a suspended retrofitting program that is...

Initiatives

BSE switches to Xetra; Varga says no MVM share float soon

The Budapest Stock Exchange (BSE) started using the Xetra trading system this morning, the bourse thereby joining the trading platform...

Initiatives

Parliament approves HUF 74.4 billion deficit increase

Parliament on Wednesday approved an amendment to the 2013 budget that raises the deficit by HUF 74.4 billion to HUF...

Initiatives

Áder: “Excellent business opportunities” in Kuwait

President János Áder was in Kuwait yesterday, where he signed a handful of cooperation agreements with the central government there....

Initiatives

EBRD chairman on Hungary: Many investors raise question of predictability

European Bank for Reconstruction and Development (EBRD) chairman Sir Suma Chakrabarti will conduct talks on further cooperation in the SME...

Initiatives

Third Translog Connect Congress program, dates announced

Business information forum specialists The Events Group has announced dates and location for its third Translog Connect Congress, the trade...

Initiatives

Third Translog Connect Congress program, dates announced

Business information forum specialists The Events Group has announced dates and location for its third Translog Connect Congress, the trade...

Initiatives

MOL declares Iraq oil field of commercial value

Hungarian oil and gas company MOL’s wholly owned unit Kalegran Ltd has declared the Akri Bijeel Block it operates in...

Initiatives

HUF 36 billion more for SzHISz in Magyar Posta acquisition

The government is raising the state's minimum contribution to savings cooperative integrator SzHISz from HUF 100 billion to HUF 136...

Initiatives

Minority stake in Magyar Posta to be sold

The government has decided to make preparations for the sale – at market price, in cash – of a minority...

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...