Telco

Telco

Poliol PET Packing invests HUF 365 mln in its plant

Hungary’s bottle manufacturer Poliol PET Packing spent HUF 365 mln at its plant in Lakitelek, southeastern Hungary, to purchase new...

Telco

BUX falls further on Greece, local worries

The Budapest Stock Exchangeʼs main BUX index finished down 0.36% at 21,799.82 Monday after falling 1.52% Friday. Over last week,...

Telco

Report: Vehicle gas prices may rise further

Vehicle gas prices may rise by an additional HUF 3-5 per liter on Wednesday, while heavy oil prices are not...

Telco

MNB fines Banif Plus

The National Bank of Hungary (MNB) on Friday fined Banif Plus Bank HUF 49 mln on charges of violating rules...

Telco

HELL Energy inaugurates phase one of HUF 5.5 bln amusement park

Hungarian energy drink producer HELL Energy on Friday inaugurated the first phase of a HUF 5.5 bln amusement park, which...

Telco

BUX falls on Greece

The Budapest Stock Exchangeʼs main BUX index finished down 1.52% at 21,879.14 Friday after rising 1.14% Thursday. It is up...

Telco

BUX rises and outperforms

The Budapest Stock Exchangeʼs main BUX index finished up 1.14% at 22,215.74 Thursday after dropping 0.32% Wednesday. It is up...

Telco

Melior Laserʼs net turnover grows 15%

Sheet metal fabrication company Melior Laser Kft., increased its supplier position, thanks to a HUF 315 mln technology development investment, which...

Telco

KSH: Spending by foreigners in Hungary rises by 11% in Q1

Spending by foreign visitors to Hungary rose to HUF 288 bln, 11% higher than in the first quarter a year...

Telco

Daimler considers expansion in Hungary

German car manufacturer Daimler is planning to expand its activities in Hungary, state secretary for economic diplomacy Levente Magyar told...

Telco

Government approves food industry development strategy

Hungaryʼs government approved a mid- and long-term development strategy for the countryʼs food industry, which aims to raise the sectorʼs...

Telco

Phoenix-Mecano inaugurates HUF 1.5 bln R&D investment

The Hungarian unit of Switzerlandʼs Phoenix-Mecano has inaugurated a HUF 1.5 bln investment to develop a device for adjustable hospital...

Telco

BUX underperforms

The Budapest Stock Exchangeʼs main BUX index finished down 0.32% at 21,964.72 Wednesday after rising 0.89% Tuesday. It is up...

Telco

Respirator develops vehicles in HUF 500 mln project

Hungaryʼs Respirator Vegyivédelmi es Tűzvédelmi developed two multi-purpose vehicles with an investment of approximately HUF 500 mln, which included a...

Telco

BUX rises on OTP rally

The Budapest Stock Exchangeʼs main BUX index finished the session Tuesday up 0.89% at 22,036.05, climbing on an almost 4%...

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...