Articles by #hashtag


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Digitalization Gaining Momentum at Hungarian Firms

Jun 8, 2023

The innovation activity of Hungarian companies has not changed in the past six months; K&H's index measuring this stagnated at 28 points on a scale of up to 100, which means that Hungary's gap with the largest innovator countries and the EU average has increased, but digitalization has strengthened, Balázs Németh, head of innovation at […]

No More Printed Telephone Directories in Hungary

Jan 11, 2023

From 2022, telecom companies in Hungary are no longer obliged to display their subscribers' data in books or any other medium, ending the era of printed phone book after 140 years. Magyar Telekom's printed copies last year were the last ones in this category. One of the copies was donated to the Postal Museum. The […]

Digital Development: Hungary Still Lags Behind in EU

Aug 4, 2022

Hungary ranks 22nd out of the 27 EU Member States in the Digital Economy and Society Index (DESI) 2022. Over the last few years, it progressed in line with the EU, the latest DESI country report states. On Human capital, the country ranks 23rd, scoring 38 compared to the EU average of 46. 49% of […]

Financial Sector: Improvement in Digitalisation

Jun 20, 2022

In 2021, the digital transformation of the financial sector gained new momentum both at international and domestic level. That is according to the National Bank of Hungary (MNB) in its FinTech and Digitalisation Report on the global and Hungarian FinTech ecosystem and the digital maturity of the domestic banking and insurance sector published for the […]

Minister Mihály Varga (in the middle) at the Regional Digital Summit | Zoltán Balogh /MTI

Hungary active participant in digital transformation

Jan 29, 2018

“The key to switching into a higher gear in the economy lies in the acceleration of digital transformation and the improvement of competitiveness,” Minister for National Economy Mihály Varga said at the Regional Digital Summit in Budapest.

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