Telco

Telco

Synergon bottom line improves as revenue falls

Hungarian IT company Synergonʼs first-quarter net income reached HUF 53 mln, improving from a HUF 192 mln loss in the...

Telco

BUX weak but outperforms

The Budapest Stock Exchangeʼs main BUX index finished down 0.30% at 22,378.74 Friday after losing 0.16% Thursday. It is up...

Telco

Herbro initiates HUF 1 bln hatchery investment

Hungary-based agribusiness Herbro yesterday inaugurated a HUF 1 bln technology investment at its hatchery in Hernád, near Budapest, Hungary’s Ministry...

Telco

BUX hovers around breakeven

The Budapest Stock Exchangeʼs main BUX index finished down 0.16% at 22,445.82 Thursday, after rising 1.65% Wednesday. It is up...

Telco

Wabererʼs inaugurates HUF 600 mln retreat

Hungarian road haulage company Wabererʼs International today inaugurated a HUF 600 mln corporate retreat on the shores of Lake Balaton,...

Telco

The NFM offers tenders to replace old washing machines

The National Development Ministry (NFM) is offering HUF 500 mln non-refundable financial support to replace household washing machines in Hungary,...

Telco

KSH: Unemployment drops to 7.6%

The April unemployment rate in Hungary was 7.6%, which is 0.5% lower than it was a year ago in April,...

Telco

Univer Product winds up HUF 620 mln biomass furnace

Hungarian condiments producer Univer Product installed a HUF 620 mln biomass furnace at its plant in Kecskemét, central Hungary, the...

Telco

MVM revenue climbs 30% in 2014

Consolidated revenue of the state-owned Hungarian Electricity Works (MVM) rose almost 30% to HUF 1.195 trillion last year, the company...

Telco

BUX up on European recovery

The Budapest Stock Exchangeʼs main BUX index finished up 1.65% at 22,482.75 Wednesday, after sliding 0.32% Tuesday. It is up...

Telco

Szelepkutató Fejlesztési spends HUF 537 mln to develop new valves

Hungarian valve manufacturer Szelepkutató Fejlesztési, will spend HUF 537 mln on the development of a new line of cost-efficient products,...

Telco

Report: Retail sales unchanged following Sunday closures

Despite the introduction of a Sunday closure law, a measure which came into effect on March 15 to prohibit retailers...

Telco

Vajda Papír carrying out HUF 1.2 bln capacity expansion

Hungarian paper product manufacturer Vajda Papír is spending a combined HUF 1.2 bln on two tissue production lines at its...

Telco

BUX tracks peers but loses less

The Budapest Stock Exchangeʼs main BUX index tracked the movements of big Western European indices on Tuesday to finish the...

Telco

Urbán és Urbán inaugurates HUF 3.5 bln wafer plant

Hungarian snacks maker Urbán és Urbán inaugurated a HUF 3.5 bln wafer plant in Rétság, northern Hungary on Friday....

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...