Telco

Telco

Hungary ITC sector turnover climbs 7%

Revenue of Hungaryʼs ITC sector reached HUF 627 bln in the second quarter, up almost 7% from the same period...

Telco

Lower VAT on pork will help boost Nagy-Hegyes Hús turnover

Meat processor Nagy-Hegyes Hus expects a reduction of the VAT rate on pork next year to boost its turnover by...

Telco

Rossmann Magyarország looks to reach double-digit revenue this year

German-owned health and beauty products retailer Rossmann Magyarország anticipates that it will close 2015 with double-digit revenue and notable profit...

Telco

Aquarius-Buszesz revenue rises 24% in H1

Hungarian vinegar and soft drink manufacturer Aquarius-Buszeszʼs consolidated first-half revenue rose 24% to HUF 11.6 bln from the same period...

Telco

BUX up against all odds

The Budapest Stock Exchangeʼs main BUX index finished up 0.95% at 21,306.51 Thursday after rising 0.74% Wednesday. It is up...

Telco

K&H group announces after-tax profit of HUF 15.9 bln in H1

Kereskedelmi és Hitelbank group (K&H), owned by KBC Bank of Belgium, had first-half after-tax profit of HUF 15.9 bln, compared...

Telco

BUX rises belatedly

The Budapest Stock Exchangeʼs main BUX index finished up 0.74% at 21,106.96 Wednesday after diving 1.79% Tuesday. It is up...

Telco

BUX falls while European peers gain

The Budapest Stock Exchangeʼs main BUX index finished down 1.79% at 20,952.53 Tuesday after shedding 0.52 points (a minus 0.00%)...

Telco

General gov’t 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

BUX lingers around breakeven in very thin trade

The Budapest Stock Exchangeʼs main BUX index finished down 0.52 points at 21,335.27 Monday after falling 1.15% Friday. It is...

Telco

Report: Sunday closings mean layoffs at smaller shops

Based on data published by the Central Statistical Office (KSH), firms with more than four employees laid off 276 workers...

Telco

Budapest Bank reported H1 profit of HUF 15.7 bln

State-owned Budapest Bank had first-half after-tax profit of HUF 15.7 bln, the lender said on Friday, according to state news...

Telco

BUX follows European peers down the slope

The Budapest Stock Exchangeʼs main BUX index finished down 1.15% at 21,335.79 Friday after soaring 1.94% Thursday. It is up...

Telco

BUX rises in line with European trend

The Budapest Stock Exchangeʼs main BUX index finished up 1.94% at 21,584.76 Thursday after gaining 0.24% Wednesday. 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...