Telco

Telco

Social sector workers to get HUF 7.6 bln wage supplement this year

Some 65,000 workers in the social services sector are expected receive wage supplements as of July, Human Resources Minister Zoltán...

Telco

Kontakt-Elektro inaugurates HUF 200 mln production hall

Hungarian electronics manufacturer Kontakt-Elektro today inaugurated a HUF 200 mln production hall at its base in Pécs, southwestern Hungary, national...

Telco

Magyar Posta’s profit rises last year

Consolidated after-tax profit of Hungarian state-owned postal company Magyar Posta reached HUF 2.8 bln last year, almost tripling as compared...

Telco

Zwack proposes HUF 1,200 per-share dividend

The management of Zwack Unicum, Hungaryʼs best-known spirits manufacturer, will propose to shareholders the payment of a HUF 1,200-per-share dividend...

Telco

RBI books €21 million first-quarter loss in Hungary

Austriaʼs Raiffeisen Bank International (RBI) booked a €21 mln loss at its Hungarian business in the first quarter, narrowing fromln...

Telco

General government deficit comes close to 70% of full-year target in April

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 609.8 bln at the end of April, the National Economy...

Telco

MFB sees HUF 2.5 bln pre-tax profit last year

State-owned Hungarian Development Bank (MFB) saw a pre-tax profit of HUF 2.5 bln last year, CEO Csaba Nagy said today....

Telco

KSH: Gross wages up 4.9% in March

Average gross wages in Hungary saw a year-on-year rise of 4.9%, reaching HUF 247,917 in March, with net wages rising...

Telco

BUX back down

The Budapest Stock Exchangeʼs main BUX index finished down 0.46% at 22,231.29 Wednesday, after rising 0.37% Tuesday. It is up...

Telco

Sales of lottery ticket doubled last week

Sales of lottery tickets rose to just over 7.3 million last week, more than double the weekly average of 3-3.5...

Telco

GfK: Sales of consumer electronics, home appliance up 11% in Q1

Sales of durable consumer electronics and appliances increased by 11.1% in the first quarter of 2015, as compared to the...

Telco

Hungary leasing market swells by 20% in Q1

The value of leases in Hungary increased by more than 20% to HUF 107 bln in the first quarter as...

Telco

BUX recovers on ECB optimism

The Budapest Stock Exchangeʼs main BUX index finished up 0.37% at 22,333.72 Tuesday, after falling 0.63% Monday. It is up...

Telco

Investment fund assets reach HUF 5.627 trillion in April

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose...

Telco

HB Reavis group’s profit increases by 26% in 2014

Leading CEE property development company HB Reavis group’s annual consolidated profit grew by 26% to €89 mln in 2014, the...

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...