Telco

Telco

Hungaryʼs general government deficit HUF 536.7 bln in Q1

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 536.7 bln in January-March, the National Economy Ministry said...

Telco

KSH: Hungaryʼs trade surplus reaches €935 mln in February

Hungary saw a €935.4 mln trade surplus in February, with exports rising by 7.4% to €7.290 bln and imports rising...

Telco

Revenue from BP transport fares reaches HUF 60 bln in 2014

Sales of tickets and passes for Budapest’s public transport generated an estimated net revenue of HUF 60 bln for the...

Telco

BUX soars on Fed relief

The Budapest Stock Exchangeʼs main BUX index finished up 2.30% at 20,462.45 Tuesday, the highest since August 3, 2011, after...

Telco

Renewed state TV loses viewers

Hungarian state-owned television channel M1 has been losing viewers since its renewal as an all-news channel on March 15, Hungarian...

Telco

Tutti turnover climbs over HUF 4.7 bln in 2014

Hungarian powdered drink producer Tutti saw a revenue rise of 3.5%, reaching HUF 4.72 bln last year, with export sales...

Telco

Coca-Cola Hungary sells 439 mln liters of products in 2014

Coca-Cola HBC Magyarország sold more than 439 million liters of product last year, with domestic sales generating three-fourths of its...

Telco

FHB board proposes no dividend from last yearʼs earnings

The board of FHB Mortgage Bank will propose to shareholders at an AGM on April 28 that no dividend be...

Telco

MNB international reserves up €500 mln in March after fall in February

The National Bank of Hungaryʼs (MNB) international reserves stood at €36.907 bln at the end of March, up €500 mln...

Telco

HUF 1.25 trillion in EU funds eyed for development

The key focus of the HUF 1.250 trillion regional development program will be farming, horticulture and other labor-intensive sectors, the...

Telco

Magyar Telekom to expand 4G network

Magyar Telekom, the Hungarian unit of German telecom giant Deutsche Telecom, will connect approximately 440,000 households to its 4G network...

Telco

Retail government securities stock rises HUF 112 bln in March

The stock of government securities targeted at retail investors rose by HUF 112 bln to HUF 2,602 bln in March,...

Telco

BUX makes up for previous dayʼs loss

The Budapest Stock Exchangeʼs main BUX index finished up 1.77% at 20,002.45 Thursday after receding 0.18% Wednesday. It is up...

Telco

Danubius Hotels may not pay dividend

The board of Danubius Hotels will propose paying no dividend on last yearʼs earnings at a shareholders meeting scheduled for...

Telco

Fund manager Concorde to pay HUF 2 bln dividend

Shareholders of fund manager Concorde Alapkezelő have approved payment of a HUF 2 bln dividend on last yearʼs earnings, according...

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...