Telco

Telco

OTP reports HUF 38.2 bln Q2 profit, better than expected

OTP Bank had a consolidated after-tax profit of HUF 38.2 bln in the second quarter, an earnings report published Friday...

Telco

BUX recovers from two-day fall

The Budapest Stock Exchangeʼs main BUX index finished up 1.31% at 22,493.57 Thursday after falling 0.36% Wednesday. It is up...

Telco

BUX falls but outperforms on China worries

The Budapest Stock Exchangeʼs main BUX index finished down 0.36% at 22,202.01, Wednesday after falling 1.16% Tuesday. It is up...

Telco

MNB: Forint liquidity of banking sector falls in July

The forint liquidity of the Hungarian banking sector dropped in July, as was reflected in a decline in the average...

Telco

Hungarian individuals’ government bond holdings at historical high

Growth of Hungarian households’ securities savings’ slowed in 2015, according to online economics and business news portal vg.hu, reaching HUF 7.409...

Telco

BUX slips on cue of Western European markets hit by weaker yuan

The Budapest Stock Exchangeʼs main BUX index closed the session on Tuesday down 1.16% at 22,282.40, declining parallel with big...

Telco

BUX up in directionless trade

 The Budapest Stock Exchangeʼs main BUX index finished up 0.23% at 22,543.85 on Monday after rising 0.32% Friday....

Telco

Report: Hungarian MPs spent HUF 115 mln on automobiles in H1

Hungarian MPs spent HUF 115 mln on their on-duty cars in the first half of the year, by filling them...

Telco

Bau-Trans 2000 to manufacture passive windows

Hungarian family business Bau-Trans 2000 wound up a HUF 362 mln development to manufacture passive windows in Cegléd, central Hungary,...

Telco

KSH: Hungary’s trade surplus reaches €820 mln in June

Trade surplus in Hungary reached €819.5 mln in June, up €361.9 mln compared to the same period a year earlier,...

Telco

BKV and Metrowagonmash sign €219 mln contract

After a state body cleared complaints about the procurement process, Budapest public transport company BKV and Russiaʼs Metrowagonmash signed a...

Telco

BUX pares gains after US data

The Budapest Stock Exchangeʼs main BUX index finished up 0.32% at 22,492.78 Friday after falling 1.58% Thursday. It is up...

Telco

Lower costs raise Rabaʼs Q2 profit

Hungarian automotive industry company Rabaʼs second-quarter after-tax profit reached HUF 317 mln, a 21.7% rise compared to the same period...

Telco

Government deficit at 100.1% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 894.1 bln at the end of July, a first reading...

Telco

Italian meat company completes HUF 700 mln development

Italian-owned meat company Kometaʼ99 has completed a HUF 700 mln development at its plant  in Kaposvár, southwestern Hungary, the company told Hungarian...

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...