Initiatives

Initiatives

Government plans to reduce Hungaryʼs deficit to zero in two years

Hungaryʼs government plans to reduce the cash flow-based general government deficit to zero by 2020, while achieving economic growth over...

Initiatives

ITK Holding to start production of Mercedes buses in spring

Hungarian-owned ITK Holding will start serial production of Mercedes Benz Reform 500 LE buses at its plant in Debrecen, eastern...

Initiatives

MNB policymakers keep base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

Initiatives

EIF, Erste Bank sign EUR 67 mln guarantee agreement

The European Investment Fund (EIF) and Erste Bank Hungary signed a guarantee agreement in Budapest on Thursday that will support...

Initiatives

BME to launch graduate course in self-drive engineering

The Faculty of Transportation and Vehicle Engineering of Budapest University of Technology and Economics (BME) is to launch an English-language...

Initiatives

MNB policy-makers keep base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

Initiatives

Slovak, Hungarian foresters in EU beekeeping project

Doing their bit to counter the worrying decline in global bee populations, state-owned forestry companies in the north of Hungary...

Initiatives

International logistics conference focuses on IT solutions

The Association of Hungarian Logistics Service Centers (MLSZKSZ) will hold its International Transport Logistics Conference at the end of this...

Initiatives

Ministry launches development program for mid-sized firms

The Ministry for National Economy is launching a development program from European Union funding worth HUF 1.7 billion to support...

Initiatives

EXIM CEO killed in Austrian ski accident

Zoltán Urbán, the CEO of EXIM (the joint company of Hungarian Export-Import Bank Ltd. and Hungarian Export Credit Insurance Ltd.)...

Initiatives

Business spending on R&D high in Hungary

The share of the business sector in total expenditures on research and development (R&D) is the second highest  in Hungary...

Initiatives

Hungarians not eager to pursue vocational training

Far fewer Hungarian secondary school students participate in vocational education than in neighbouring countries or in the European Union as...

Initiatives

Foundations of Management program launched at SEED

The School for Executive Education and Development (SEED), based in Budapest, launched a new program on Monday entitled Foundations of...

Initiatives

German SME association delegation visits Budapest

A delegation from the German Association for Small and Medium-sized Businesses (BVMW) began a three-day visit to Hungary Monday, and...

Initiatives

U.S. program to support access to ʼunbiasedʼ information in Hungary

The United States Department of State has published an open tender "for projects that increase citizens’ access to objective information...

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...

Government plans to reduce Hungaryʼs deficit to zero in two years

Hungaryʼs government plans to reduce the cash flow-based general government deficit to zero by 2020, while achieving economic growth over...

ITK Holding to start production of Mercedes buses in spring

Hungarian-owned ITK Holding will start serial production of Mercedes Benz Reform 500 LE buses at its plant in Debrecen, eastern...

MNB policymakers keep base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

EIF, Erste Bank sign EUR 67 mln guarantee agreement

The European Investment Fund (EIF) and Erste Bank Hungary signed a guarantee agreement in Budapest on Thursday that will support...

BME to launch graduate course in self-drive engineering

The Faculty of Transportation and Vehicle Engineering of Budapest University of Technology and Economics (BME) is to launch an English-language...

MNB policy-makers keep base rate on hold

The Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate...

Slovak, Hungarian foresters in EU beekeeping project

Doing their bit to counter the worrying decline in global bee populations, state-owned forestry companies in the north of Hungary...

International logistics conference focuses on IT solutions

The Association of Hungarian Logistics Service Centers (MLSZKSZ) will hold its International Transport Logistics Conference at the end of this...

Ministry launches development program for mid-sized firms

The Ministry for National Economy is launching a development program from European Union funding worth HUF 1.7 billion to support...

EXIM CEO killed in Austrian ski accident

Zoltán Urbán, the CEO of EXIM (the joint company of Hungarian Export-Import Bank Ltd. and Hungarian Export Credit Insurance Ltd.)...

Business spending on R&D high in Hungary

The share of the business sector in total expenditures on research and development (R&D) is the second highest  in Hungary...

Hungarians not eager to pursue vocational training

Far fewer Hungarian secondary school students participate in vocational education than in neighbouring countries or in the European Union as...

Foundations of Management program launched at SEED

The School for Executive Education and Development (SEED), based in Budapest, launched a new program on Monday entitled Foundations of...

German SME association delegation visits Budapest

A delegation from the German Association for Small and Medium-sized Businesses (BVMW) began a three-day visit to Hungary Monday, and...

U.S. program to support access to ʼunbiasedʼ information in Hungary

The United States Department of State has published an open tender "for projects that increase citizens’ access to objective information...