Two startups that participated in mentoring agency Design Terminalʼs Innovation Bootcamp are preparing for cooperation with Knorr-Bremse Rail Systems Budapest, according to a press release sent to the Budapest Business Journal.

Hungary now backs Croatiaʼs accession to the Organisation for Economic Cooperation and Development (OECD), Croatian Minister of Foreign and European Affairs Marija Pejcinovic Buric said in an interview published in Saturdayʼs issue of daily Vecernji List, state news wire MTI reports.

The government decided to transfer HUF 5.83 billion with immediate effect from budget money set aside to provide finance for European Union tenders towards the financing of sports related and other developments, Hungarian news agency MTI reports.

Semmelweis University awarded honorary doctorate degrees (Doctor Honoris Causa) to eight internationally recognized professors at a ceremony hosted by rector Professor Béla Merkely, in the presence of the deans of the university’s faculties and numerous foreign dignitaries and other guests, according to a press release sent to the Budapest Business Journal.

Digital transformation has escalated cyber threats further, yet companies are doing nowhere enough to tackle the risks, concludes EYʼs Global Information Security Survey, made with 1,400 company leaders, IT managers, and information security experts from 60 countries.

The Institute for Foreign Affairs and Trade (KKI) will host a discussion called "15 years since the Fifth Enlargement – how coherent is Europe?", according to a press release sent to the Budapest Business Journal.

The board of Opus Global, controlled by the investor Lőrinc Mészáros, decided on the final steps of a series of capital raises that will lift the listed holding companyʼs shareholdersʼ equity by more than HUF 200 billion to above HUF 250 bln at a meeting yesterday, disclosures and announcements made today show, state news wire MTI reports.

APAC Business Headlines has listed Hungary-based mobile wallet provider Cellum in its latest edition among the "10 Fastest Growing Payment Solution Providers to Watch", according to a press release sent to the Budapest Business Journal. 

The Hungarian-French Chamber of Commerce and Industry announced an event of its Industry, Logistics, and Supply Club in Veszprém and Ajka on December 5-6, sponsored by KPMG.

Hungaryʼs government is allocating HUF 80 billion in support for the renovation of the capitalʼs number 3 metro line, Gergely Gulyás, the head of the Prime Ministerʼs Office said at a regular press briefing on Thursday, Hungarian news agency MTI reports.

The 10th Hungarian CIJ Awards are to be held at the Marriott Hotel Budapest on December 12. 

The dilemma of inflation is back in Hungaryʼs monetary policy, due to a variety of factors such as the abstract risks of Brexit and the decelerating Chinese economy, claims Róbert Barlai, managing director of OTP Treasury, in a LinkedIn post, according to a press release sent to the Budapest Business Journal.

The Government Debt Management Agency (ÁKK) sold a combined HUF 46.0 billion of securities at auction on Thursday, raising its original offer by HUF 10.0 bln on strong demand from primary dealers, state news wire MTI reported.

New real estate services company RockHome, founded by Péter Oszkó, a former finance minister in 2009-10, and Marcell Kövesdi, general manager of Házbank.hu, aims at reforming real estate services in Hungary, to provide added value for both buyers and sellers, says a press release sent to the Budapest Business Journal.

Budapest City Council on Wednesday raised the revenue threshold for exemption from the local business tax from HUF 1 million to HUF 1.5 mln from January 1, 2019, Hungarian news agency MTI reported.

Global financial services firm Morgan Stanley, supporting this yearʼs TEDxDanubia event in Budapest, and presenting its "Ideas Worth Spreading" program, claimed that fintech and sustainability are the key to the future of finance.

The forint liquidity of Hungary’s banking sector narrowed further in October from a month earlier, mainly reflected in a decrease in the average stocks of one-day deposits, the National Bank of Hungary (MNB) said in a report based on preliminary data on its website.

Having recently reopened to the public after extensive renovations, the Museum of Fine Arts (Szépművészeti Múzeum) is presenting a collection of works by Leonardo da Vinci, according to the official website of the museum.

Agricultural producer prices in Hungary were up 6.2% year-on-year in September, the Central Statistical Office (KSH) said on Wednesday. Prices of live animals and animal products fell 2.8%, but crop prices were up 12.1%, monthly data show.   

Listed holding company Altera has announced the appointment of former Appeninn CEO Gábor Székely as Chief Investment Officer, to advance the companyʼs automotive growth strategy as it embraces the four automotive companies of Wallis in the future, according to a press release sent to the Budapest Business Journal.