Initiatives

Initiatives

Hungary Must Invest to Demonstrate its Innovative Nature to the World

Better cooperation between industry and universities, cleaner and safer forms of energy, and waste management issues are some of the...

Initiatives

MNB appoints oversight commissioner at pension fund

The National Bank of Hungary (MNB) said today (Friday) that it has appointed an oversight commissioner at pension fund Első...

Initiatives

Gov’t plans centralized public transport financing

The Hungarian government aims to centralize the financing of the public transport system, being the exclusive fiscal supporter in future,...

Initiatives

Opus shareholders to vote on bond issue, board expansion

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of...

Initiatives

Bourgogne Gastronomie inaugurates HUF 6.5 bln plant

Bourgogne Gastronomie Kft., a French-owned company dealing with snail processing and the production of frozen pasta, has opened a HUF...

Initiatives

Control Premiums: How Much is Control Worth?

The majority of corporate acquisitions are acquisitions of majority interests. In their latest M&A column, Les Nemethy and Sergey Glekov...

Initiatives

Hungary to set up independent fund for healthcare research

Minister for Innovation and Technology László Palkovics on Wednesday announced plans to set up an independent fund for research in...

Initiatives

Pensioner coops employ more than 20,000

The legal form of cooperative was introduced in Hungary in 2017 to keep retired people economically active and fill shortages...

Initiatives

Codecool starts weekend programming courses

Programming school Codecool announced it is launching weekend courses this month in order to accommodate to the needs of those...

Initiatives

Kulcs-Soft celebrates 30 years with SME, school campaign

Kulcs-Soft, a Hungarian software company celebrating 30 years since its foundation and ten years on the stock market, closed its...

Initiatives

Application for foreign policy internship opens

The Institute for Foreign Affairs and Trade (KKI) has opened applications for its 2019/2020 fall term research internship program, the...

Initiatives

Martin Kern appointed EIT director

The European Institute of Innovation and Technology (EIT) revealed Friday that Martin Kern has been appointed director by the Governing...

Initiatives

BlackRockʼs voting rights in Richter drop below 5%

Total voting rights held by U.S.-based global asset manager BlackRock in Hungarian pharmaceuticals firm Gedeon Richter have dropped below 5%,...

Initiatives

V2X startup Commsignia gets USD 11 mln funding

Hungarian-founded startup Commsignia, a market leader in V2X (vehicle-to-everything) solutions, has announced the closure of an USD 11 million fundraising...

Initiatives

Commuters sweat as AC breaks down on Budapest buses

Despite the suffocating heat of recent days, air conditioning systems do not work on a high number of public transport...

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...

Hungary Must Invest to Demonstrate its Innovative Nature to the World

Better cooperation between industry and universities, cleaner and safer forms of energy, and waste management issues are some of the...

MNB appoints oversight commissioner at pension fund

The National Bank of Hungary (MNB) said today (Friday) that it has appointed an oversight commissioner at pension fund Első...

Gov’t plans centralized public transport financing

The Hungarian government aims to centralize the financing of the public transport system, being the exclusive fiscal supporter in future,...

Opus shareholders to vote on bond issue, board expansion

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of...

Bourgogne Gastronomie inaugurates HUF 6.5 bln plant

Bourgogne Gastronomie Kft., a French-owned company dealing with snail processing and the production of frozen pasta, has opened a HUF...

Control Premiums: How Much is Control Worth?

The majority of corporate acquisitions are acquisitions of majority interests. In their latest M&A column, Les Nemethy and Sergey Glekov...

Hungary to set up independent fund for healthcare research

Minister for Innovation and Technology László Palkovics on Wednesday announced plans to set up an independent fund for research in...

Pensioner coops employ more than 20,000

The legal form of cooperative was introduced in Hungary in 2017 to keep retired people economically active and fill shortages...

Codecool starts weekend programming courses

Programming school Codecool announced it is launching weekend courses this month in order to accommodate to the needs of those...

Kulcs-Soft celebrates 30 years with SME, school campaign

Kulcs-Soft, a Hungarian software company celebrating 30 years since its foundation and ten years on the stock market, closed its...

Application for foreign policy internship opens

The Institute for Foreign Affairs and Trade (KKI) has opened applications for its 2019/2020 fall term research internship program, the...

Martin Kern appointed EIT director

The European Institute of Innovation and Technology (EIT) revealed Friday that Martin Kern has been appointed director by the Governing...

BlackRockʼs voting rights in Richter drop below 5%

Total voting rights held by U.S.-based global asset manager BlackRock in Hungarian pharmaceuticals firm Gedeon Richter have dropped below 5%,...

V2X startup Commsignia gets USD 11 mln funding

Hungarian-founded startup Commsignia, a market leader in V2X (vehicle-to-everything) solutions, has announced the closure of an USD 11 million fundraising...

Commuters sweat as AC breaks down on Budapest buses

Despite the suffocating heat of recent days, air conditioning systems do not work on a high number of public transport...