Telco

Telco

Mecsekérc, AKMI win as sole bidders to do Paks drilling

The Hungarian companies of Mecsekérc Környezetvédelmi and Általános Kultúrmérnöki Iroda Szolgáltato (AKMI) won a tender to conduct preliminary core drilling...

Telco

BUX climbs to new high

The Budapest Stock Exchangeʼs main BUX index finished up 1.79% at 22,821.79, the highest since July 1, 2011, Monday after...

Telco

Hirtenberger completes HUF 1.4 bln investment

Austrian-owned Hirtenberger Automotive Safety Hungary has completed a HUF 1.4 bln expansion at its base in Pápa, northwestern Hungary, creating...

Telco

Toy seller Regioʼs revenue jumps as network expands

Hungarian toy seller Régió Játékkereskedelmi saw its net revenue rise by 40% to almost HUF 7 bln last year, following...

Telco

Mapei sales climb 17% in Q1

Sales of the Hungarian subsidiary of Italian building materials maker Mapei saw a year-on-year rise of 16.7% in the first...

Telco

Earners in big families took home HUF 202,000 on average last year

Hungarians availing of tax preferences for families with three or more children earned a monthly net HUF 202,006 on average...

Telco

BUX reaches new multi-year high

The Budapest Stock Exchangeʼs main BUX index finished up 1,68% at 22,420,43 the highest since July 7, 2011, Friday after...

Telco

Bank accounts worth of HUF 7 bln receive tax amnesty in Q1

Some 98 new "Stability Savings Accounts" with deposits totaling HUF 7.1 bln were opened at Hungarian banks in the first...

Telco

Graphisoft Park shareholders agree to HUF 60-per-share dividend

Shareholders of Graphisoft Park, which operates a business park in northern Budapest, decided at an annual general meeting yesterday that...

Telco

Tetra Pak Hungary 2014/15 revenue just shy of HUF 40 bln

The Hungarian unit of Swedish packaging firm Tetra Pak reported revenue of just under HUF 39.8 bln in the 2014/15...

Telco

Danubius shareholders vote to pay no dividend

Shareholders of Danubius Hotels decided at an annual general meeting yesterday that the company would pay no dividend on last...

Telco

Government orders audit of local councils

The government has requested the State Audit Agency to investigate local governments that invested in the three Hungarian brokerages that...

Telco

Twenty-four municipalities lost HUF 10.8 bln in Quaestor case

Twenty-four municipalities lost HUF 10.8 bln after independent broker Quaestor owned by Fidesz-friendly serial entrepreneur Csaba Tarsoly went bankrupt –...

Telco

BUX on the back burner again

The Budapest Stock Exchangeʼs main BUX index finished up 0.43% at 21,050.59 Thursday after rising 0.24% Wednesday. It is up...

Telco

Hungary general government deficit HUF 536.7 bln in January

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 536.7 bln in January-March, or 61.2% of the full-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...