Telco

Telco

Fiscal Council clears 2016 budget draft but proposes revision of debt reduction rule

Hungary’s Fiscal Council said on Friday, May 8 that it had cleared the government’s draft for the 2016 budget bill...

Telco

ANY Security Printing profit down on falling sales, rising tax and forex loss

ANY Security Printing Company’s net profit fell 9% to HUF 238 mln in the first quarter of this year from...

Telco

Slovnaft Q1 net profit reaches €17 mln

Slovnaft, the Slovakian unit of Hungarian oil and gas company MOL, saw its net profit improve in the first quarter...

Telco

BUX up reluctantly

The Budapest Stock Exchangeʼs main BUX index finished up 0.05% at 22,742.94 Friday, after falling 0.52% Thursday. It is up...

Telco

Gallicoop revenue reaches HUF 33.6 bln in 2014

Hungarian poultry processing firm Gallicoopʼs saw a 4% rise in revenue last year, to HUF 33.6 bln, with output rising...

Telco

MNB seeks more pledges on increased lending

The National Bank of Hungary (MNB) would like to see more banks declare how they plan to support economic growth...

Telco

MOL Q1 profit falls 57% as forint weakens against dollar

A wider margin lifted Hungarian oil and gas company MOLʼs first-quarter operating profit, but net income fell 57% to HUF...

Telco

General government deficit nears 70% of 2015 target

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

Telco

Retail government securities stock grows HUF 51 bln in April

The stock of government securities targeted at retail investors rose by HUF 51 bln to HUF 2,653 bln in April,...

Telco

100 richest Hungarians are worth HUF 2.6 trillion

The countryʼs 100 richest individuals have a combined wealth of HUF 2.6 trillion, HUF 160 bln more than last year,...

Telco

BUX down on global woes

The Budapest Stock Exchangeʼs main BUX index finished down 0.52% at 22,731.64 Thursday, after rising 1.16% Wednesday. It is up...

Telco

Hungaryʼs factoring market grows 43%

Gross turnover of factoring companies in Hungary saw a year-on-year rise of 43%, reaching HUF 270.2 bln, in the first...

Telco

MNB international reserves up a slight €37 mln in April

The National Bank of Hungaryʼs (MNB) international reserves stood at €36.945 bln at the end of April, up €37 mln...

Telco

BUX further up on Richter and MOL

The Budapest Stock Exchangeʼs main BUX index finished up 1.16% at 22,850,53 Wednesday, one month short of a four-year high,...

Telco

Lower costs lift Richter earnings

First-quarter net income of Hungarian drugmaker Gedeon Richter rose 61% to HUF 15 bln from the same period a year...

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...