Telco

Telco

BUX back on track upwards

The Budapest Stock Exchangeʼs main BUX index finished up 0.51% at 22,508.68 Wednesday after falling 0.40% Tuesday. It is up...

Telco

Duna House initiates public share offering

Hungarian real estate broker Duna House launched a public offering for its shares today, with the maximum share price set...

Telco

Steinhoff purchases majority stake in Extreme Digital

Furniture and household goods retailer Steinhoff International Holdings acquired a 50.8% majority stake in Hungarian e-commerce company Extreme Digital, Balázs...

Telco

National utilities company ENKSZ to audit district heating companies

The government has appointed Hungaryʼs state-owned First National Utilities Company (ENKSZ) to audit players in the district heating market in...

Telco

BUX ends rally with slight correction

The Budapest Stock Exchangeʼs main BUX index finished down 0.40% at 22,394.59 Tuesday after rising 0.89% Monday. It is up...

Telco

BUX rises for a sixth day

The Budapest Stock Exchangeʼs main BUX index finished up 0.89% at 22,483.92, a more than three-month high, Monday after rising...

Telco

Hungary’s trade surplus down to €814 mln in September

Hungary’s surplus on the trade balance was down by €126 mln to €814 mln (HUF 255 bln) in September in...

Telco

Széchenyi Card expenditures exceed HUF 1.5 trillion

Expenditures made within the framework of the Széchényi Card Program – a state-sponsored scheme offering businesses revolving credit – have...

Telco

Decathlon Hungary projects revenue of HUF 34 bln in 2015

Sporting goods retailer Decathlonʼs sales in Hungary are projected to reach HUF 34 bln in 2015, up HUF 5.5 bln...

Telco

MOL to expand North Sea portfolio

Hungarian oil and gas company MOL is bidding for a further five exploration licenses in the North Sea and will...

Telco

MOL Q3 profit triples on narrower financial loss, tax refund and deferrals

Hungarian oil and gas company MOLʼs third-quarter net income rose to HUF 91.3 bln from HUF 28.5 bln in the...

Telco

BUX further up, but slows

The Budapest Stock Exchangeʼs main BUX index finished up 0,33% at 22,130.60 Thursday after rising 1.99% Wednesday. It is up...

Telco

General government deficit falls to HUF 816.2 bln in October, around 91.5% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 816.2 bln at the end of October, a first reading...

Telco

MTel CAPEX reaches HUF 60 bln in Q1-Q3

Magyar Telekom spent about HUF 60 bln of its annual targeted CAPEX of HUF 105 bln in Q1-Q3, CFO János...

Telco

Graphisoft Park earnings grow with increased occupancy

Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, had after-tax...

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...