Telco

Telco

Revenue from tolls, vignettes climbs about 16%

Revenue from road tolls and motorway vignettes in Hungary rose by about 16% to more than HUF 243 billion last...

Telco

Surface finishing company Kenvéd completes HUF 376 mln investment

Hungaryʼs Kenvéd, a family-owned business that does surface finishing for companies in the automotive industry, has completed a HUF 376...

Telco

MNB: Banking sector liquidity grows in December

Forint liquidity of Hungaryʼs banking sector rose in December from the previous month, as seen in a rise in the...

Telco

End-of-session sell-off puts BUX in red

The Budapest Stock Exchangeʼs main BUX index tracked the movements of its peers in Western Europe for much of the...

Telco

Big demand seen for subsidized home loans for families

Hungarian banks are seeing strong interest in the newly introduced subsidized home loans scheme for families with three or more...

Telco

Hungarian railway carriage parts manufacturer completes HUF 400 mln expansion

Hungarian Járműszerelvényt Gyártó, a company that manufactures railway carriage parts, is finishing a HUF 400 million expansion at its production...

Telco

BUX recovers amid global consolidation

The Budapest Stock Exchangeʼs main BUX index finished up 1.53% at 23,956.19 Friday, after falling 1.69% Thursday. It is up...

Telco

Synergon requests delisting from Budapest bourse

Hungarian IT company Synergon Informatikai today requested the delisting of its shares from the Budapest Stock Exchange, Hungarian news agency...

Telco

KSH: Hungary’s trade surplus reaches €673 mln in November

Hungary’s exports were up by a year-on-year 6.5% and imports by a year-on-year 7.7% in November, in euro terms, according...

Telco

MNB: Expected drop of EU transfers this year could cut state investments by 2% of GDP

Transfers of European Union funding to Hungary could drop by more than 3 percentage points of GDP this year from...

Telco

BUX falls in global rout

The Budapest Stock Exchangeʼs main BUX index finished down 1.69% at 23,595.10 Thursday, after rising 0.58% Wednesday to a new...

Telco

Forint firm on interbank market

The forint was trading at 314.45 to the euro late Thursday on the interbank forex market, slightly up from final...

Telco

Budapest’s driverless metro car receives final operating license

The newest metro line in Hungary’s capital, Metro 4, has been granted its final operating license by Hungaryʼs National Transport...

Telco

BUX finishes at new high

The Budapest Stock Exchangeʼs main BUX index on Wednesday finished up 0.58% at 24,000.54, a new more than four-and-a-half-year high,...

Telco

Varga: Fiscal deficit, debt ratio below target for 2015

Hungaryʼs fiscal deficit came to approximately 2% of GDP last year and state debt was below 76% of GDP at...

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...