Telco

Telco

MVM NET mobile network to start operating from January

MVM NET, a recent state-owned player entering the mobile network services market in Hungary, is expected to launch operations of...

Telco

Masterplast continues expansion of factory in Serbia

Masterplast, Hungarian trading company and manufacturer of thermal insulation materials, launched the second phase of its €8.4 million project in...

Telco

CIG Pannonia books HUF 197 mln after-tax profit

Hungarian life insurance company CIG Pannonia booked an after-tax profit of HUF 197 million in the third quarter of this...

Telco

Hungaryʼs external financing capacity exceeds €8 bln in Q1-Q3

September balance of payment data published by the National Bank of Hungary (MNB) on Monday suggest that, thanks to higher...

Telco

FHB Q3 loss narrows

 FHB Mortgage Bankʼs third-quarter loss narrowed to HUF 500 million from HUF 7.2 billion in the same period a year...

Telco

BUX finishes just over break-even mark

The Budapest Stock Exchangeʼs main BUX index finished up 0.05% at 22,404.78 on Monday, after remaining around the break-even mark...

Telco

Forint weakens on interbank forex market

Telco

Swietelsky wins tender

A consortium of Swietelsky Vasúttechnika and R-Kord today won a tender called by GYSEV, a regional railway owned by the...

Telco

OTP books HUF 3.7 bln Q3 loss on FX loan conversions

OTP Bank booked a consolidated loss of HUF 3.7 bln in the third quarter as the impact of FX loan...

Telco

BUX volatile, but rises

The Budapest Stock Exchangeʼs main BUX index finished up 0.16% at 22,545.21 Thursday after rising 0.51% Wednesday. It is up...

Telco

Becton Dickinson’s HUF 6 bln development to create 100 jobs in Hungary

United States-based medical technology company Becton Dickinson today laid the cornerstone of a HUF 6 mln production hall in Tatabánya,...

Telco

Hungary’s carbon credit revenue reaches HUF 17.6 bln

Hungaryʼs revenue from selling its emissions quota reached HUF 17.6 bln in the period of January - September, state secretary...

Telco

MNB: Banking sector liquidity falls in October

Forint liquidity of Hungaryʼs banking sector fell in October from the previous month, as evidenced by a fall in the...

Telco

Rába bottom line improves on wider margin in Q1-Q3

Hungarian automotive industry company Rábaʼs Q1-Q3 after-tax profit improved to HUF 853 mln from a HUF 254 mln loss in...

Telco

Masterplast profit falls as margins narrow

Hungarian building materials company Masterplastʼs third-quarter net income fell 9% to €1,423,000 from the same period a year earlier as...

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...