Hungarian researchers are developing a revolutionary new method that uses electrodes implanted under the scalp to detect the electrical signals of epileptic seizures in real time and reduce the number of seizures through targeted electrical stimulation, according to the website of Semmelweis University. The developments underway at Semmelweis University in Budapest and the University of […]
The Hungarian oil and gas company Mol will open ten new filling stations in Poland in the first half of this year, one of the largest development programs of the company's Polish subsidiary (Mol Polska) in recent years, according to a report by Polish economic news portal ISBnews on Monday, citing a statement by Mol. […]
Real estate development firm WING's last bond package with a nominal value of EUR 34.8 million received purchase offers totaling EUR 57.64 million, with a fixed interest rate of 6%. With this, WING further strengthened its presence on the capital market and initiated the listing of the WINGHOLDING 2029/I bond on the Budapest Stock Exchange. […]
AKKO Invest Plc. said in a statement on the website of the Budapest Stock Exchange on Monday that its wholly owned subsidiary, NEO Property Services Plc., participated as a bidder in the open EU tender announced by MÁV Track Operation Plc., a subsidiary of MÁV Hungarian Railways, for a strategic public procurement tender for a […]
The new management of the National Bank of Hungary (MNB) believes that art belongs in museums, which is why they decided to loan the MNB’s collection to 30 museums in Hungary, according to MNB Governor Mihály Varga. He spoke at the opening of the exhibition 'Dynamic Structures – From Bank Collections to Museums' in Debrecen […]
The Budapest Stock Exchange (BSE) share index, the BUX fell amid declining turnover this week, with the index closing at 126,964.02 points on Friday, down 2.36%, or 3,066.32 points, from the previous week. Weekly turnover was HUF 109.16 billion, down from HUF 152.96 billion the previous week, with leading stocks weakening during the week, with […]
This Thursday will see the start of the traditional Busójárás (the March of the Busó), a pagan Hungarian heritage with traditional carnival programs and costumed children. It is the symbolic ‘burying’ of winter and the welcoming of spring with folk music and dance in the south-central Hungarian town of Mohács near the Serbian border. Going […]
The Mastercard – Bank of the Year competition, which has become a key professional event in the domestic banking sector over the past two decades, was held for the twentieth time, with the top prize going to OTP Bank. This year, the competition was revamped, with the organizers dividing the nine categories into three segments […]
Output of Hungary's industrial sector rose 1.8% year-on-year in December, the Central Statistical Office (KSH) confirmed in a second reading of data. Output fell 1.0% when adjusted for the number of workdays. The detailed data show output of the automotive industry, Hungary's biggest manufacturing sector, climbed 1.0%. The segment accounted for 21% of manufacturing output […]
The Hungarian government has decided to extend mandatory caps on a range of food and non-food products by three months until the end of May, the Ministry of National Economy said in a statement. The government rolled out a 10% cap on markups for the food products and a 15% cap on the non-food products […]
Output of Hungary's construction sector climbed 8.9% year-on-year in December, MTI quotes data released by the Central Statistical Office (KSH) on Friday show. Construction sector output increased 6.5% when adjusted for the number of workdays. Output of the buildings segment climbed 8.4%, while civil engineering output increased 10.5%. In absolute terms, construction sector output reached […]
Under the agreement between the two companies, 2Connect will provide Yettel Hungary with wholesale broadband access through its gigabit capable fixed infrastructure. As a result, fixed internet service will become available to Yettel customers in the second half of the year. As part of the agreement between Yettel Hungary Plc. (Yettel) and 2Connect Telecommunications Infrastructure […]
Overall, the structure of Hungarian health care expenditures presents a dual picture: the state dominates in severe, long-term care services, while households bear a significant direct financial burden in pharmaceuticals, medical devices and outpatient care. That has been established by the Budapest-based GKI Economic Research Institute in its latest study on the subject. Based on […]
Hungary's annualized consumer price index fell to 2.1% in January from 3.3% in the previous month, data released by the Central Statistical Office (KSH) on Thursday show. Food prices edged up 1.3%, but fell 2.0% excluding the price of eating out. Margarine prices dropped 29.4%, the price of dairy products declined 17.9% and flour prices […]
In response to the economic growth of the eastern Hungarian region and the increasing demands of its partners, the Ghibli Group and Weerts Logistics Parks (WLP) have handed over a state-of-the-art logistics hall with a floor space of 11,500 square meters in Ebes, near Debrecen. With this investment, the total indoor and outdoor capacity of […]
