Telco

Telco

BUX edges up with support from MOL

The Budapest Stock Exchangeʼs main BUX index finished up 0.34% at 23,637.22 Friday after gaining 0.69% on Thursday....

Telco

MNB international reserves rise €951 mln in January

The National Bank of Hungaryʼs (MNB) international reserves stood at €31.273 billion at the end of January, up €951 million...

Telco

KFIB expects 2015 and 2016 fiscal deficits to exceed government projections

Hungaryʼs Maastricht-conform general government deficit could come in at 2.3% of GDP for 2015 and could rise to 2.7% of...

Telco

Kiskunfélegyházi Malom invests HUF 960 mln in capacity expansion

Milling company Kiskunfélegyházi Malom is investing HUF 960 million in a capacity expansion, with HUF 480 mln being provided through...

Telco

BUX up on strong OTP

The Budapest Stock Exchangeʼs main BUX index finished up 0.69% at 23,556.51 Thursday after losing 0.69% on Wednesday. The BUX index...

Telco

Graboplast inaugurates premium products plant

Hungarian flooring manufacturer Graboplast today inaugurated a plant that will produce premium products at its base in Tatabánya, northwestern Hungary,...

Telco

IKEA sales up 14.6% in Hungary in 2015

Sales at the Hungarian unit of Swedish furniture giant IKEA were up 14.6% in its financial year ending August 31,...

Telco

Zwack profit slips on health tax, base effect

After-tax profit of Zwack Unicum, Hungaryʼs best known spirits maker, fell 12% to HUF 2.0 billion in Q1-Q3 of its...

Telco

BUX falls along with European peers

The Budapest Stock Exchangeʼs main BUX index fell 0.69% to 23,395.73 on Wednesday after losing 2.36% on Tuesday....

Telco

ÁKK lowers yields of short-term retail government securities

The Government Debt Management Agency (ÁKK) announced today it will lower the yields on its short-term government securities targeting the...

Telco

BUX dragged down by turmoil in Western markets

The Budapest Stock Exchangeʼs main BUX index finished down 2.36% at 23,558.48 Tuesday after gaining 0.54% on Monday....

Telco

BUX outperforms Western European peers

The Budapest Stock Exchangeʼs main BUX index finished up 0.54% at 24,126.70 Monday after gaining 0.92% on last Friday....

Telco

Suzuki’s market share exceeds 12% in Hungary

The market share of Suzuki in Hungary exceeded 12% in January, raising the Hungarian subsidiary of the Japanese car manufacturer to...

Telco

Magyar Közút awards HUF 52 bln in road maintenance contracts

State road company Magyar Közút has awarded HUF 51.9 billion in road maintenance contracts, according to an announcement in the...

Telco

OTP Bank aims to take one-fifth of farm lending market

OTP Bank aims to boost its share of Hungaryʼs farm financing market to 20% by 2020, the deputy head of...

Telco

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

Telco

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Telco

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Telco

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Telco

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...

4iG Group, SpaceX Sign European Deal for Starlink Mobile, Sovereign Solutions

4iG Group and SpaceX have signed agreements to introduce Starlink Mobile services and develop secure sovereign satellite communications solutions in...

Sziget Festival Sets New Mobile Data Traffic Record on Yettel Network

Festival-goers generated nearly 54 terabytes of mobile data traffic on Yettel’s network during this year’s Sziget Festival, setting a new...

4iG, Yettel Owner Seek Network Partnership

Units of 4iG, which owns the One telecommunications brand, and e& PPF Telecom Group, which operates the Yettel brand, have...

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

4iG SDT Wins Exclusive Rights to Sell Tatra Military, Special Vehicles in Hungary

4iG SDT has signed an exclusive commercial cooperation agreement with Tatra Trucks a.s., granting the Hungarian company sole representation and...

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Magyar Telekom Earnings Climb on Improved Margins, Tax Rollback

Q3 net income of Magyar Telekom rose 24% y.o.y. to HUF 55.3 bln, supported by a wider margin and the...

4iG Signs Letter of Intent to Promote Connectivity in Western Balkans

4iG said that it concluded a non-binding letter of intent with the EC and Geant in which they jointly affirmed...

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Watchdog Launches Probe of Language Learning App Duolingo

Hungary's Competition Authority (GVH) on Wednesday announced the launch of a probe of Duolingo, a U.S.-based company with a language...

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...