Telco

Telco

General government deficit reaches HUF 511.1 bln in May, about 58% of full-year target

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 511.1 bln at the end of May, the National Economy...

Telco

Report: Vehicle gas prices expected to drop

Vehicle gas prices in Hungary are expected to fall by HUF 0-2, while the price of diesel may drop by...

Telco

ScanoMed opens HUF 1 bln research center

ScanoMed Nuclear Medicine Centers inaugurated a HUF 1 bln biological translation research center at the University of Debrecen, eastern Hungary...

Telco

BUX hovers around breakeven, closes down

The Budapest Stock Exchangeʼs main BUX index finished down 0.27% at 21,470.94 Friday after falling 0.88% Thursday. It is up...

Telco

MAN to supply new buses for Miskolc for HUF 9.2 bln

By the end of the year, 75 MAN buses will be put into operation to replace vehicles currently in use,...

Telco

Plotinus issues convertible bonds for HUF 640.8 mln

Plotinus Holding issued convertible bonds valued at HUF 640.8 mln as part of its HUF 2 bln bond program, the...

Telco

Report: Price of milk continues to fall

The purchasing price of milk  has fallen to HUF 75-77 per liter and spot market prices are as low as...

Telco

Parliament scheduled to vote on 2016 budget bill next week

The Hungarian Parliament is scheduled to vote on the 2016 budget bill on June 23, after it approved an amendment...

Telco

Investment fund assets increase in May

The total amount of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies...

Telco

BUX down again

The Budapest Stock Exchangeʼs main BUX index finished down 0.88% at 21,529.13 Thursday after rising 0.12% Wednesday. It is up...

Telco

Magyar Suzuki: Revenue, profit decline due to model switch

Revenue and profits of Magyar Suzuki, the Japanese carmakerʼs Hungarian unit, were down last year as the conditions for a model...

Telco

BUX inches up in final trades

The Budapest Stock Exchangeʼs main BUX index finished up 0.12% at 21,720.15 Wednesday after falling 0.49% Tuesday. It is up...

Telco

Signal Insuranceʼs revenue from premiums rises 31%

The revenue from premiums of Signal Biztosító Zrt., the Hungarian subsidiary of German Signal Iduna Group, saw a 31% rise...

Telco

BUX falls further on Greece, Fed and Richter

 The Budapest Stock Exchangeʼs main BUX index finished down 0.49% at 21,693.46 Tuesday after falling 0.36% Monday. It is up...

Telco

KSH: Hungary’s internet subscriptions up 12% in Q1

The number of internet subscriptions in Hungary saw a year-on-year rise of 12% in the first quarter, reaching 7.4 million,...

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...