Initiatives

Initiatives

EC approves HUF 8 bln Hungarian wage subsidy scheme for aviation sector

The European Commission approved on Wednesday a HUF 8bn Hungarian wage subsidy scheme for the aviation sector, which has been...

Initiatives

Govʼt launches ʼCity Home Creation Programʼ

Hungaryʼs government has mandated measures for the launch of a "City Home Creation Program" that aims to incentivize environmentally-friendly residential...

Initiatives

New investment support scheme with grants over EUR 800,000 threshold

Minister of Foreign Affairs and Trade Péter Szijjártó on Saturday announced the launch of an investment support program in which...

Initiatives

Danish investor takes over 100% stake in Romanian milling and bakery group

Danish group Givesco has taken over the entire Romanian milling and bakery group Sam Mills, where it has held a...

Initiatives

Matolcsy outlines reforms for coming decade

National Bank of Hungary (MNB) governor György Matolcsy outlined twelve reforms he said would be necessary to preserve and increase...

Initiatives

Hungary below EU avg on innovation scoreboard

Hungary stands at 66.4% of the EU average on the annual European Innovation Scoreboard which assesses relative strengths and weaknesses...

Initiatives

Lawmakers vote to end govʼt emergency powers

Parliament voted on Tuesday to end the governmentʼs mandate to exercise extraordinary powers issued by lawmakers because of the coronavirus...

Initiatives

HUF 80 bln fund launched for livestock and horticulture

The Ministry of Agriculture announced a new agricultural investment funding package worth HUF 80 billion in the summer for high...

Initiatives

Govʼt pushes back date for ban on single-use plastics

The use of some single-use plastic products will be banned from July 1, 2021 instead of the January 1, 2021...

Initiatives

UniCredit donates EUR 40,000 to Hungarian charities

UniCredit Foundation has decided to donate a total of EUR 40,000 to three Hungarian charity organizations supporting children, according to...

Initiatives

MOL board puts profits into retained earnings

The board of Hungarian oil and gas company MOL decided to put all of last yearʼs profit into retained earnings,...

Initiatives

Chicken prices falling

Significant oversupply and falling prices have developed in the European and Hungarian poultry markets, which the sectoral professional organizations, with...

Initiatives

Croatia eases lockdown, starts public transport

Some public transport resumed in Croatiaʼs capital Zagreb on Monday as authorities launched a phased easing of measures against the...

Initiatives

Lithuanian government to extend lockdown

The government of Lithuania has extended the nationwide quarantine restrictions until May 11, but at the same time introduced easing...

Initiatives

Students get assistance in admission procedures, obtaining degrees

The government is assisting young people with several measures in university admission procedures in vocational training, acquisition of degrees, language...

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...