Telco

Telco

Robert Bosch completes HUF 2.9 bln capacity expansion

German-owned automotive industry supplier Robert Bosch Elektronika today completed a capacity expansion project at its plant in Hatvan, eastern Hungary,...

Telco

Ministry confirms nine-month gen govt deficit at 107% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 954.6 bln or 107% of the HUF 892.4 bln full-year...

Telco

BUX underperforms weak European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.91% at 21,651.61 Tuesday after easing 0.01% Monday. It is up...

Telco

KSH: Gross earnings up 5.4% in August in Hungary

Average gross earnings in Hungary saw a year-on-year rise of 5.4% in August, reaching HUF 241,680, while the average net...

Telco

BUX a hair down in thin trade

The Budapest Stock Exchangeʼs main BUX index finished down 0.01% at 21,850,62 Monday after falling 0.70% Friday. Over last week,...

Telco

Costs of Prime Minister’s Office relocation soar

Hungary’s Prime Minister Viktor Orbán ordered Economy Minister Mihály Varga to allocate HUF 8.2 bln from the already approved 2016...

Telco

M8 Industrial Park welcomes maintenance facility

Szabadszállási Alföldi Képző Központ Kft. today opened a 280 sqm maintenance workshop in M8 Industrial Park through a project worth...

Telco

Survey shows huge wage gap in Hungary

The average income of the highest-earning Hungarian workers is twenty-eight times higher than that of employees with the lowest-paying jobs,...

Telco

BUX rises slowly but steadily

The Budapest Stock Exchangeʼs main BUX index finished up 0.53% at 22,007.07 Thursday after losing 0.07% on Wednesday. The BUX index...

Telco

Kühne to expand plant in Mosonmagyaróvár

Hungarian farm machinery and bus manufacturer Kühne is planning to expand its 10,000 sqm bus plant in Mosonmagyaróvár, western Hungary,...

Telco

BUX falls, but outperforms on Richter

The Budapest Stock Exchangeʼs main BUX index finished down 0.07% at 21,890.82 Wednesday after falling 0.56% Tuesday. It is up...

Telco

Eagle Ottawa completes HUF 9.5 bln expansion

American automobile interior manufacturer Eagle Ottawa wound up construction works yesterday on a 17,000 sqm production hall at its Hungarian base...

Telco

Government to spend bulk of Country Protection Fund

The Hungarian government decided yesterday that it would transfer HUF 25.8 bln for various purposes from the so-called Country Protection...

Telco

Lidl Hungary invests HUF 800 mln to modernize disposal

German retail chain Lidl has invested HUF 800 mln in Hungary to modernize waste disposal processes at its stores in...

Telco

BUX snaps six-day rally

The Budapest Stock Exchangeʼs main BUX index finished down 0.56% at 21,905.14 Tuesday after rising 0.40% Monday. It is up...

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...