Tibor Litauszki received the title of Nature Photographer of the Year at the Magical Hungary (VM) awards ceremony and the opening of the nature photography exhibition at the Hungarian Natural History Museum, where the winners of the photo competition and the special prizes were also presented , the organizers told MTI on Wednesday. At the […]
At the opening ceremony of this year's Scientific Student Conference of the Faculty of Electrical Engineering and Informatics at the Budapest University of Technology and Economics (BME), SAP Hungary Ltd. and the University signed a three-year strategic framework agreement. The goal of the two organizations is to develop an even closer relationship between Hungarian engineering […]
Spain, Italy, Germany, and the United Kingdom: these are the countries from which the most foreign tourists come, in that order. On average, they spend 3-6 nights in the capital, during which time more than 62% of them seek out cultural programs such as museums, festivals, and historical sites. 47% of visitors are between the […]
4iG Plc. has informed capital market participants on the website of the Budapest Stock Exchange that its indirect subsidiary, 2Connect Telecommunications Infrastructure & Network Services Ltd., through its legal predecessor D-Infrastruktúra Telecommunications Ltd., has successfully applied for the first phase of the Digital Hungary Operative Program Plus, the Gigabit Hungary Program tender: the company has […]
Hungarian low-fare carrier Wizz Air is expanding its base in Budapest, adding an 18th aircraft in May, CEO József Váradi said at an online press conference on Tuesday. Next year, the airline will increase its capacity on Hungarian routes by 900,000 to 9.1 million seats, with new destinations including Bergen, Lamezia Terme, and Rimini. Wizz […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]
Remuneration and respect for work-life balance are the most important considerations for Hungarians already in or joining the labor force, a survey by consultancy firm PwC shows. The survey of over 55,000 students and employees over the age of 16 showed that "open and respectful" communication, assessment and acknowledgement of workplace performance, cooperative and supportive […]
The growth in voluntary pension fund contributions and membership continued unabated in the third quarter. Pension funds generated returns above inflation in the first nine months of the year, according to the National Association of Voluntary Funds (ÖPOSZ). ÖPOSZ's latest sector analysis highlights that, following the positive turnaround a year ago, the number of members […]
A weekend charity campaign organized by the Hungarian Food Bank Association has resulted in food donations worth HUF 505 million. The distribution of donations will begin on Tuesday, the association told MTI. As they point out, the Food Bank kicked off the holiday charity season with the most successful food drive in the country's history. […]
MBH Bank, Hungary's second-biggest commercial lender, on Tuesday announced the acquisition of a controlling stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding. MBH Bank agreed to acquire an 80% stake in the broker and expects to acquire the remaining 20% stake in 2028, if certain conditions are met. The deal […]
Sustainability could be the key concept for the next quarter-century, according to E.ON's forward-looking research. Hungarians ranked green solutions first among technological developments for the future and predict the dominance of renewable energy sources. For many, financial security is the most important factor for happiness, but graduates rank strong communities and human relationships higher. What […]
The biotechnology and pharmaceutical company Roche and the University of Szeged (SZTE) have agreed to support research, development, and educational activities and to implement joint innovation projects. The agreement was signed on Monday during the university's Innovation Day in the southeastern Hungarian city of Szeged. Judit Fendler, Chancellor of SZTE, said that in addition to […]
Magyar Telekom , the leading Hungarian telecommunications service provider, has announced on the website of the Budapest Stock Exchange that it has reached an agreement with the trade unions on the amount of the 2025 one-off compensation, the level of 2026 pay increase, other compensations and the efficiency measures at Magyar Telekom Plc. and Telekom […]
After-tax profit of listed alternative energy company ALTEO fell 68% year-on-year to HUF 2.7 billion on higher costs, an earnings report released on Monday shows. Revenue rose 16% to HUF 86.8 billion. Material costs increased 28% to HUF 61.2 billion and payroll costs climbed 55% to HUF 11.8 billion. Diluted earnings per share came to […]
ICS Software Technologies, the American unit of Budapest-based startup CryptoSoft, took prizes in two categories at the US Fintech Awards in New York at the weekend, MTI reports. ICS Software Technologies took the Startup of the Year prize and the Web3 Award. Gabor Hellner, one of CryptoSoft's founders, told MTI that the company's Quantum Time […]
