Telco

Telco

Videoton Holding revenue up 15% to HUF 82 bln in H1

Hungary’s electronics manufacturer Videoton Holding saw revenue of more than HUF 82 bln in the first half of this year,...

Telco

Bourse spot market turnover climbs 30% in July

Average daily turnover on the Budapest Stock Exchangeʼs (BSE) spot market reached HUF 6.7 bln in July, up 30% from...

Telco

BUX plods ahead in thin trade

The Budapest Stock Exchangeʼs main BUX index finished up 0.12% at 22,615.87 Monday after rising 0.23% Friday. It is up...

Telco

Report: Price of vehicle diesel falls

Vehicle gas prices in Hungary are not expected to change, while the price of diesel may fall by HUF 4-6...

Telco

Report: MÁV debt decreases on state takeover

During a press conference on Friday announcing EU funding awarded for railway developments, János Fónagy, Minister of State of the...

Telco

EU supports investment to boost Hungaro Pasta’s capacity

Hungarian noodle maker Hungaro Pasta saw its capacity increased by one-third due to a HUF 217 million investment, owner and...

Telco

BUX hardly moves in thin trade

 The Budapest Stock Exchangeʼs main BUX index finished up 0,23% at 22,588.99 Friday after rising 0.97% Thursday. It is up...

Telco

Rossmann Magyarország revenue reaches HUF 52 bln

The Hungarian unit of German health and beauty products retailer Rossmann saw a rise of 10% in its revenue last...

Telco

MNB: Corporate lending stock of Hungarian banks falls on net repayments in June

Corporate lending stock of Hungarian banks fell in June from the previous month as companies made net repayments, fresh data...

Telco

MNB: Retail lending stock of Hungarian banks falls in June

Retail lending stock of Hungarian banks fell in June from the previous month due to households making net repayments, fresh...

Telco

Csaba-Berényi completes HUF 500 mln investment

Machine parts manufacturer Csaba-Berényi Gépgyártó has completed a HUF 500 mln investment project at its plant in Mezőberény in southeastern...

Telco

BUX up on Fed relief, Richter

The Budapest Stock Exchangeʼs main BUX index finished up 0.97% at 22,537.66 Thursday after shedding 0.27% Wednesday. It is up...

Telco

Egis acquires Bayer vitamin portfolio in Poland

Hungarian drugmaker Egis yesterday signed an agreement regarding the takeover of the Biovital portfolio of vitamin products from Bayer in...

Telco

Higher revenue, stable costs lift Richter profit 63% in Q2

The second-quarter net income of Hungarian drugmaker Richter rose 63% to HUF 22.5 bln from the same period a year...

Telco

HUF 29 bln reallocated to manage immigration issues

Hungaryʼs government is reallocating some HUF 29 bln from budget reserves this year to manage a wave of migration, government...

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...