Telco

Telco

Report: Buda-Cash scandal causes Quaestor bankruptcy

Hungary's Quaestor Financial Hrurira, a member of the Quaestor Group, was forced to file for bankruptcy protection yesterday after clients...

Telco

ANY’s net income rises 43%

ANY Security Printing Company saw a net income rise of 43%, to HUF 1 bln, last year due to higher...

Telco

Tolnagro revenue exceeds HUF 15 bln

Veterinary wholesaler Tolnagro estimates that its revenue rose to more than HUF 15 bln in 2014 from the HUF 14.1...

Telco

BUX slows down

The Budapest Stock Exchange's main BUX index finished up 0.47% at 18,370.17, a one-week high, Monday after surging 2.16% Friday....

Telco

State secretary: Treasury unable to provide full banking services to local councils

The State Treasury is unable to provide full banking services, such as providing loans, economy ministry state secretary András Tállai...

Telco

Gallicoop eyes western European markets

Hungarian poultry processor Gallicoop Pulykafeldolgozó said today that it had found new markets in Western Europe for its products earlier...

Telco

BUX climbs faster

The Budapest Stock Exchange's main BUX index finished up 2.16% at 18.283.40, a six-day high, Friday after rising 0.41% Thursday....

Telco

OTP CEO pledges to pay dividends despite loss

OTP Bank CEO Sándor Csányi said today at a press conference that the bank will keep its promise to pay...

Telco

OTP Q4 profits climb to nearly HUF 11 bln

OTP Bank's consolidated fourth-quarter after-tax profit rose sharply to HUF 10.9 bln from the same period a year earlier, albeit...

Telco

Government deficit reaches 35% of full-year target in Jan-Feb

Hungary's cashflow-based general government balance, excluding local councils, came to HUF 310.7 bln in the first two months, the National...

Telco

BUX firms for a second day

The Budapest Stock Exchange's main BUX index finished up 0.41% at 17,897.11 Thursday after rising 0.09% Wednesday. It is up...

Telco

Eston launches office photo contest

In an effort to encourage creative portraits of offices in Budapest, Eston International, the Hungarian property advisor, has announced cash...

Telco

Hungary’s trade surplus falls to €6.402 bln in 2014

Hungary had a €6.402 bln trade surplus in 2014, the Central Statistics Office (KSH) said in a second reading of...

Telco

Elmű, Émász boards propose dividends

The boards of electricity distributors Elmű and Émász, both majority-owned by Germany's RWE, proposed dividend payments on 2014 earnings yesterday,...

Telco

Pikopack completes HUF 2.1 bln investment

Packaging company Pikopack yesterday wound up a HUF 2.1 bln expansion at its Hungarian base in Füzesabony in northeastern Hungary,...

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...