Telco

Telco

Fehrer wraps HUF 3.48 bln plant expansion

Fehrer Automotive-Raba, which produces foam products for car seats, completed a HUF 3.48 bln expansion at its base in Mór,...

Telco

BUX plods ahead

The Budapest Stock Exchangeʼs main BUX index finished up 0.15% at 22,588.62 Tuesday after sinking 0.26% Monday. It is up...

Telco

MNB lifts suspension of trade in TR Investment shares

The National Bank of Hungary (MNB) today lifted the suspension of trade in shares of TR Investment after the company...

Telco

BSE: Daily share turnover climbs almost 22% in April

Daily share turnover on the Budapest Stock Exchange came to HUF 13.5 bln in April, up 21.7% from the previous...

Telco

Alteo acquires Sinergy from RWE-EnBW-owned peers

Hungarian energy services provider Alteo yesterday said it had acquired Sinergy from the local units of Germanyʼs RWE-EnBW for an...

Telco

Budapest Bank pays out HUF 59 bln in borrowers relief rebates

Budapest Bank settled a combined HUF 59 bln in rebates with its clients by the deadline stipulated in the borrowers...

Telco

BUX down in final trades

The Budapest Stock Exchangeʼs main BUX index finished down 0.26% at 22,554.03 Monday after shooting up 1.30% Thursday, before the...

Telco

INA Q1 profit down 79%

Croatian oil and gas company INA, a subsidiary of Hungaryʼs MOL, had net income of HRK 50 mln (€6.6 mln)...

Telco

BUX turns sharply north

The Budapest Stock Exchangeʼs main BUX index finished up 1.30% at 22,612.46 Thursday after diving 2.05% Wednesday. It is up...

Telco

MNB: Forint conversions reduce retail lending stock of Hungarian banks in March

The retail lending stock of Hungarian banks fell significantly in March from the previous month primarily due to the effect...

Telco

MNB: Corporate lending stock of Hungarian banks fall in March

Corporate lending stock of Hungarian banks fell in March from the previous month as companies made loan repayments and the...

Telco

GF Faktor targets factoring turnover of HUF 10 bln this year

Hungaryʼs GF Faktor, a member of the German financial firm Grenke group, expects its turnover to rise to HUF 10...

Telco

Richter shareholders approve HUF 33-per-share dividend

Shareholders of drugmaker Gedeon Richter approved payment of a HUF 33-per share dividend on last yearʼs earnings at an annual...

Telco

BUX falls, but outperforms most European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.14% at 22,789.26 Tuesday after rising 1.79% Monday. It is up...

Telco

Poli-Farbe turnover climbs 15% in 2014

Hungarian paint company Poli-Farbeʼs turnover climbed by 15% to HUF 9.2 bln last year, with after-tax profit rising by 59%...

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...