Telco

Telco

Government plans to offer assistance to borrowers with FX car loans

The Hungarian government is planning to offer assistance to borrowers with foreign currency-denominated car loans similar to that received by...

Telco

Sole-Mizo winds up HUF 1.8 bln development project

Hungarian dairy company Sole-Mizo, which is a unit of agribusiness Bonafarm, wound up a HUF 1.8 bln project aimed to...

Telco

Alpha-Vet to spend HUF 400 mln on developments

Hungarian veterinary company Alpha-Vet is to spend HUF 400 mln to build a factory that would produce plant nutrients, the...

Telco

Tokaj Kereskedőház to invest HUF 1.8 bln in bottling plant

State-owned wine company Tokaj Kereskedőház plans to build a HUF 1.8 bln bottling plant this year, CEO Enikő Kirőly Gaál...

Telco

BUX follows down European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.90% at 22,374.16 Wednesday after rising 0.45% Tuesday. It is up...

Telco

K&H assists disabled children

The Hungarian subsidiary of K&H commercial bank has assisted in the rehabilitation of approximately 70,000 sick children and provided sporting...

Telco

Hungary’s central bank fines Banif Plus Bank, again

The National Bank of Hungary (MNB) today fined Banif Plus Bank HUF 46 mln on allegations of failing to inform...

Telco

MOL drops vehicle gas prices by HUF 9 per liter

Hungarian oil and gas company MOL dropped the price of 95 octane vehicle gas by HUF 9 per liter, to...

Telco

Buchl Hungária completes HUF 416 mln investment

Buchl Hungária, a unit of the German company that processes car manufacturer Audiʼs industrial waste, wound up a HUF 416...

Telco

MKB Bank could be privatized in a few months

Currently state-owned MKB Bank could be privatized late this year or early next year, deputy governor of the National Bank...

Telco

BUX closes below intraday high

The Budapest Stock Exchangeʼs main BUX index finished up 0.45% at 22,576.28 Tuesday after dropping 0.06 % Monday. It is...

Telco

KSH: Average gross monthly wage HUF 242,700 in May

The average gross monthly wage in Hungary was 242,700 in May, representing year-on-year growth of 3.5%, which was slightly slower than...

Telco

Pellet-International builds HUF 150 mln pellet plant

Pellet fuel heating equipment manufacturer Pellett-International is reportedly building a HUF 150 mln pellet factory in Tiszalök, northeastern Hungary, managing...

Telco

State-founded venture capital fund investments reach HUF 9.2 bln

Szechenyi Capital Investment Fund (SZTA), which is a venture capital fund established by the Hungarian government in order to support...

Telco

Report: Vehicle gas prices may decrease

Vehicle gas prices in Hungary are expected to fall by HUF 5-7, while the price of diesel may fall by...

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...