Hungaryʼs ICT sector revenues climb 13% in Q2

Telco

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter, shows a summary of data from the Central Statistical Office (KSH).

Revenues of the telecommunications segment increased by 9% to HUF 283 billion, while revenues of IT and information service companies increased 11% to HUF 301 bln.

Sales of the film, video and television segment jumped 28% to HUF 88 bln, while publishersʼ sales were up 23% at HUF 64 bln, national news agency MTI reported.

The KSH noted that the average gross wage in the ICT sector rose by 7% to HUF 507,000 during the period. The average gross wage for the country as a whole stands at around HUF 297,000, the latest data show.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.