Hungarian Conservative

Starting September 2024, Budapest Metropolitan University will offer a specialized programme focusing on the main areas of AI applications in business and finance. The course has been designed not only based on specific IT and data analysis fundamentals but also to comprehensively develop students’ proactive and problem-solving attitudes.

The Hungarian Summit has proven to be a key event for enhancing economic, educational, community, and cultural relations between Hungary and the United States. Its fourth instalment, featuring distinguished speakers and engaging panel discussions on business, educational, community, and cultural topics offered participants a unique opportunity to meet like-minded innovators and develop valuable connections with the aim of building a bridge connecting two nations.

The financial software developer Taxually, the manufacturing company Continest, and the logistics and transportation company United Shipping Hungaria have even made the top 100 on the Financial Times’ list. Minister of National Economy Márton Nagy hosted the top executives of the thirteen Hungarian companies included on the list for a congratulatory meeting.

According to the joint statement of the two companies released on Tuesday, Hungarian Cerbona has acquired the trademarks of Boci, Melba, and Párizsi kocka. The transaction will be finalized on 22 May 2024; until then, Nestlé will continue to manufacture the products to ensure the continuity of supply.

According to a recent survey, half of Hungarian consumers find it important for the product to be of Hungarian origin or to have Hungarian ingredients, but only one in ten consumers considers it important for the brand or retailer to be domestic.

Deputy State Secretary Szabolcs Szolnoki emphasized that the aim of the government programmes is to ensure the accessibility of digital technologies to as many stakeholders as possible through the involvement of European Digital Innovation Hubs (EDIHs). The objective of Hungarian EDIHs is to assess the digital maturity of 1,500 small and medium-sized enterprises, provide technical training for 300 entrepreneurs, and offer business development and engineering consultations.

Last year, 22,651 vehicles with official green markings were registered domestically, making 2023 another record year, surpassing the nearly 21,000-unit expansion peak in 2022.

Gábor Nagy, winner of international awards, started to grow chili peppers twelve years ago for fun, prompted by a habanero. An interview about re-learning the concept of hot.

According to the Ministry of Energy’s plans, domestic enterprises can apply for non-refundable state support from a budget of 30 billion HUF for the purchase of purely electric cars, light trucks, or minibuses.

Despite extraordinary expenditures, the government has consistently reduced the budget deficit and the national debt year after year, the Ministry of Finance emphasized in its interim report released on the situation of the central subsystem of public finances, excluding local governments, at the end of November.



Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on year, based on unadjusted data, the Central Statistical Office (KSH) said on Tuesday.

A trial period for the app will start in April with the involvement of several tens of thousands of users, and will be launched for citizens across the board in September. From that time on, citizens will be able to use the DÁP app for identification if requested by police, submitting applications to authorities for certificates or for any other interactions with the state administration.

The Hazaváró (Welcoming Home) offices will offer not only information but also streamline various administrative processes for returnees, including matters related to pension payments, degree recognition, starting a business, and processing tax and residence card-related issues.

The former President has faced a deluge of legal accusations, both criminal and civil, to the point where it is almost becoming comical. Donald Trump has been indicted four times by now on nearly 100 felony charges. However, this seems to be helping his re-election prospects, as opposed to hurting them.

It is important to remember that, compared to the stable period of 2017–2018, some 80 per cent of the rise in inflation in Hungary could be attributed to external circumstances, and only 20 per cent to strictly domestic reasons. Taking into account the ambivalent effects of the war situation and the ensuing sanctions, these rates are likely to remain important determinants of inflation developments in 2023.

President of the Hungarian Taxi Association Zoltán Metál has requested the municipality to annul the personal taxi service permits granted in 2021 to Bolt HTX Kft. and the associated businesses by BKK. According to his argument, these permits are illegal.

AI-based developments are a focal area of the Hungarian branch of the Bosch Group. The company employs this technology in various areas at its Hungarian sites, playing a significant role in manufacturing processes, whether it is data analysis for production optimisation, optical inspection of certain processes, or planning maintenance for production line equipment.

She founded her cosmetics company bearing her name, Estée Lauder, with her husband in 1946. Today, it is the second largest cosmetics company with a market cap of around $70 billion. Estée was the daughter of Jewish Hungarian immigrants who came to the US in 1898.

This article aims to outline the nature and role of global supply chains in economic globalization, and to highlight the underlying roots of and reasons for the new trend towards realignment.