Telco

Telco

Packaging company to build HUF 868 mln production hall

Hungarian packaging company Sipospack in Sóskút, central Hungary, is planning to establish a new 2,400 sqm production hall and will...

Telco

Viessmann winds up HUF 230 mln expansion at Bátonyterenye plant

Viessmann announced last week that it had completed a HUF 230 mln expansion at its plant in Bátonyterenye in northeastern...

Telco

BUX rises further on tax hints

The Budapest Stock Exchangeʼs main BUX index finished up 1.64% at 19,226.03 Friday, a near ten nine-month high, after surging...

Telco

Beva to compensate Buda-Cash clients

Clients of Buda-Cash Brókerház who were insured by the Investor Protection Fund (Beva) will be eligible to submit applications for...

Telco

Official: Gov’t could amend deficit, growth plans for the better

The economy ministry expects this yearʼs macroeconomic performance to be better than the official projections, and the government could amend...

Telco

January-February govʼt deficit confirmed at 35.4% of full-year target

Hungaryʼs cashflow-based general government balance, excluding local councils, came to HUF 310.7 bln or 35.4% of the full-year target in...

Telco

Fraisa Hungária winds up HUF 1.5 bln investment

Swiss-owned Fraisa Hungária yesterday wound up a HUF 1.5 bln investment at its cutting tools plant in Sárospatak in northeastern...

Telco

BUX shots up after Fed

The Budapest Stock Exchangeʼs main BUX index finished up 2.12% at 18,915.74 Thursday, a new nine-month high, after sinking 0.58%...

Telco

BUX falls further

The Budapest Stock Exchangeʼs main BUX index finished down 0.58% at 18,522.42 Wednesday after sinking 0.24% Tuesday. It is up...

Telco

BUX hovers near no change

The Budapest Stock Exchangeʼs main BUX index finished down 0.24% at 18,630.84 Tuesday after garnering 0.05% Monday. It is up...

Telco

BAMOSZ: Investment funds assets reach HUF 5.602 trillion in February

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

Telco

MNB: Hungary’s c/a surplus reaches €546 mln in January

Current-account surplus in Hungary reached €545.6 mln in January, while the country’s external financing capacity – calculated as a combined...

Telco

ANY board proposes HUF 71-per-share dividend

ANY Security Printing Companyʼs board will propose to shareholders payment of a HUF 71-per-share dividend on last yearʼs earnings at...

Telco

MOL board proposes HUF 50 bln dividend on 2014 earnings

The board of Hungarian oil and gas company MOL will propose shareholders receive payment of a HUF 50 bln dividend...

Telco

Hungarian mobile data traffic rises 35% in Q4

Infrastructural developments and the growing number of smartphones in Hungary has led to an increase in mobile data traffic by...

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...