Telco

Telco

ÁKK sells HUF 44.5 bln of one-month bills at ‘liquidity’ auction, more than planned

The Government Debt Management Agency (ÁKK) sold HUF 44.5 billion of discount one-month T-bills at a liquidity auction today, HUF...

Telco

Samvardhana Motherson begins HUF 31 bln plant construction in Hungary

Samvardhana Motherson Group, an Indian automotive industry supplier, laid the cornerstone on Friday for a HUF 31 billion plant in...

Telco

BUX down in week-end caution

The Budapest Stock Exchangeʼs main BUX index finished down 0.48% at 23,712.67 Friday after rising 0.92% to a fourth nearly...

Telco

Seasonal sweets sales climb to HUF 3.1 bln, Nestlé production up

Sales of seasonal sweets in the run-up to the winter holiday season last year rose to HUF 3.1 billion, according...

Telco

Rába completes HUF 4 bln development

Hungarian automotive industry company Rába Járműipari Holding has completed a HUF 4 billion development co-funded with European Union and national...

Telco

Tokaj Kereskedőház to invest HUF 17.1 bln by 2017

State-owned wine company Tokaj Kereskedőház plans to invest HUF 17.1 billion by 2017, András Tombor, head of the supervisory board,...

Telco

BUX further up on optimism in Europe

The Budapest Stock Exchangeʼs main BUX index finished up 92% at 23,826.74 Thursday after rising 0.91% Wednesday. It is up...

Telco

Magyar Telekom becomes carbon free

Magyar Telekom Csoport, with the help of its subsidiaries Makedonski Telekom and Crnogorski Telekom, has become entirely carbon free, and...

Telco

BUX corrects up in global relief

The Budapest Stock Exchangeʼs main BUX index finished up 0.91% at 23,610.62 Wednesday after dropping 0.38% Tuesday. It is up...

Telco

Masterplast sees €85 mln revenue in 2015

Hungarian building materials company Masterplast expects to have around €85 million revenue in 2015 with €3-3.2 mln in net earnings,...

Telco

BUX corrects down in global gloom

The Budapest Stock Exchangeʼs main BUX index finished down 0.38% at 23,396.87 Tuesday after rising 1.56% Monday. It is up...

Telco

Garantiqa new guarantees up 16.5% in October

New guarantees undertaken by SME and local-council loan guarantor Garantiqa Hitelgarancia, which is part of the state-owned Hungarian Development Bank...

Telco

State-owned development bank reports dropping income on rising assets

State-owned Hungarian Development Bank (MFB) recorded HUF 1.93 billion consolidated after-tax profit in the first half of 2015, HUF 2.16 bln less...

Telco

BUX up on OTP

The Budapest Stock Exchangeʼs main BUX index finished up 1.56% at 23,485.90 Monday after rising 0.24% Friday. It is up...

Telco

FHB signs mortgage refinancing agreements with over 90 savings cooperatives

FHB Mortgage Bank (FHB) on Friday said it had signed agreements on refinancing mortgage loans with 90 savings cooperatives that...

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...