Telco

Telco

NNG looks to open unit in China

Hungarian mobile and vehicle navigation systems developer NNG is planning to set up a unit in China this year, CEO...

Telco

World Aquatics Championships budget estimated at HUF 49 bln

Playing host to the 2017 FINA World Aquatics Championships could cost Hungary HUF 49 bln, however, the budget would recover...

Telco

BUX edges into green after directionless session

The Budapest Stock Exchangeʼs main BUX index showed little direction on Wednesday, flirting with the break-even mark for much of...

Telco

Vienna Life premiums revenue grows 18% in Q1

Insurer Vienna Life Biztositóʼs revenue from premiums saw a rise of 18% in the first quarter of this year in...

Telco

GE: Government should treat large companies as equal

When making long-term decisions, the government should treat large enterprises as equal partners, however, this is not always the case,...

Telco

Varga: Banks that increased lending after 2009 will be rewarded

A tax benefit will be granted to banks that increased their lending activity after the financial crisis, Minister of Economic...

Telco

Sales at Pepsi’s Hungarian subsidiary’s jump in 2014

Following restructuring and cost-cutting measures in 2014, Pepsi’s Hungarian subsidiary FÁÜ Zrt.’s main profile became wholesale and the company increased...

Telco

BUX outperforms peers in region

The Budapest Stock Exchangeʼs main BUX index tracked the movements of big indices in Western Europe on Tuesday, but outperformed...

Telco

MÁV IC+ carriages cleared for international operation

State-owned railway company MÁV has obtained a permit that clears two prototype "IC+" intercity carriages it developed for both domestic...

Telco

EDF Démász again taps profit reserves to pay dividend

French-owned regional electricity distributor EDF Démász dipped into profit reserves to pay a dividend this year, Hungarian daily Népszabadság reported...

Telco

Tolnatext revenue climbs to HUF 4.9 bln in 2014

Revenue of German-owned industrial textile manufacturer Tolnatext, rose by approximately 10%, reaching HUF 4.9 bln last year, managing director Róbert...

Telco

Unisil Hungary Szilikongyártó inaugurates HUF 1 bln paint factory

Unisil Hungary Szilikongyártó inaugurated a paint factory valued at over HUF 1 bln at its base in Szolnok, central Hungary,...

Telco

Ferro-Press invests HUF 2.8 bln in capacity expansion

Hungarian metal-working company Ferro-Press Fémipari Szolgáltató completed a HUF 2.8 bln capacity expansion at its base in Jászberény, eastern Hungary,...

Telco

Refurbished baths open in Miskolctapolca

Local and central government officials inaugurated an outdoor bathing complex in Miskolctapolca, on the outskirts of Miskolc, northeastern Hungary, on...

Telco

BUX loses 0.30% in quiet trading

The Budapest Stock Exchangeʼs main BUX index finished Mondayʼs session down 0.30% at 22,312.20....

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...