Telco

Telco

Government to allocate HUF 60 bln to migrant crisis

The Hungarian government will amend this yearʼs budget to double the allocation for managing the migrant crisis to HUF 60...

Telco

Mátrai Erőmű reopens lignite mine

Power plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according...

Telco

Spending via recreation vouchers reaches double-digit growth

Hungariansʼ spending with recreational vouchers showed double-digit growth this past summer, the issuers of SZÉP voucher cards told Hungarian news...

Telco

BUX improves as markets digest Fed

The Budapest Stock Exchangeʼs main BUX index finished up 0.57% at 21,238.83 Monday after rising 0.37% Friday. It is up...

Telco

Hungary’s tax office owes taxpayers HUF 1 tln in refunds

Hungaryʼs National Tax and Customs Authority (NAV), at the end of August, owed Hungarian taxpayers approximately HUF 1 trillion in...

Telco

General government deficit reaches 103% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 914.9 bln at the end of August, or 102.5% of...

Telco

Mayor: Congestion charge unavoidable

The introduction of a congestion charge in Budapest to fund the cityʼs public transport is unavoidable, Mayor István Tarlós said...

Telco

Gebruder Weiss investing HUF 210 mln in Hungary in 2015

Austrian-owned logistics company Gebruder Weiss (GW) Magyarország is investing HUF 210 mln this year in its Hungarian operations, managing director Thomas Schauer...

Telco

BUX down as investors wait for Fed decision

The Budapest Stock Exchangeʼs main BUX index finished down 0.32% at 21,040.86 Thursday after losing 0.09% on Wednesday....

Telco

Messer Group acquires Hungarian unit of Air Liquide

German industrial gas producer Messer Groupʼs Hungarian unit has acquired 100% of the local business of peer Air Liquide, Messer...

Telco

MABISZ to accept claims by drivers with Astra policies

The Hungarian Association of Insurers (MABISZ) yesterday said it will accept claims by local holders of mandatory vehicle insurance policies...

Telco

BUX weak in pre-Fed trade

The Budapest Stock Exchangeʼs main BUX index finished down 0.09% at 21,107.42 Wednesday after sinking 0.43% Tuesday. It is up...

Telco

BUX corrects down on refugee worries

The Budapest Stock Exchangeʼs main BUX index finished down 0.43% at 21,126.96 Tuesday after rising 0.65% Monday. It is up...

Telco

BUX corrects up in lacklustre trade

The Budapest Stock Exchangeʼs main BUX index finished up 0.65% at 21,219.23 Monday after falling 1.05% Friday. It is up...

Telco

MNB: Forint liquidity of banking sector fell in August

The forint liquidity of Hungaryʼs banking sector fell in August from a month earlier, reflected mainly in the lower average...

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...