Telco

Telco

Bosch launches HUF 2.2 bln investment at hand tool plant in Hungary

German engineering giant Bosch launched a HUF 2.2 bln development at its hand tool plant in Miskolc (northeastern Hungary) late...

Telco

Danubius Hotels targets 30% revenue rise in Romania

Hungary's Danubius Hotels Group is seeking a 30% revenue rise from its business in Romania this year, the company said...

Telco

BUX turns around

The Budapest Stock Exchange's main BUX index finished up 0.09% at 17,824.28 Wednesday after dropping 1.12% Tuesday. It is up...

Telco

Fundamenta-Lakáskassza new contracts up one-fifth

Hungarian home savings bank Fundamenta-Lakáskassza signed new home savings contracts in the amount of HUF 422 bln last year, an...

Telco

UniCredit Hungary profits for 2014 more than double previous year

The Hungarian unit of Italy's UniCredit bank yesterday posted after-tax profit of HUF 16 bln from last year, more than...

Telco

Hungarian company develops product ID technology

Hungary's Vasbeta, based in Miskolc in northeastern Hungary, presented a product identification technology it has developed in Budapest yesterday....

Telco

BUX down for a fourth day

The Budapest Stock Exchange's main BUX index finished down 1.12% at 17,808.58 Tuesday after dropping 1.10% Monday. It is up...

Telco

Hungary’s advertising sector expenditures rise to HUF 189 bln

The total money spent on advertising in Hungary rose by approximately 8%, to HUF 189 bln, last year, the head...

Telco

MOL to raise vehicle fuel prices

Hungarian oil and gas company MOL is scheduled to raise its wholesale vehicle fuel prices by from Wednesday, industry insiders...

Telco

BUX down for a third day

The Budapest Stock Exchange's main BUX index finished down 1.10% at 18,009.66 Monday after dropping 1.52% Friday. It is up...

Telco

Groupama Garancia premiums revenue reached HUF 94 bln last year

French-owned Hungarian insurer Groupama Garancia Biztositó saw its revenue rise by 5% to HUF 94 bln due to premiums, raising...

Telco

MNB: Retail loan stock drops further in Q4

Although Hungarian banks' disbursals of retail loans rose sharply in the fourth quarter of last year, overall retail lending stock...

Telco

Eagle Ottawa signs contract on HUF 9 bln expansion

American automobile interior maker Eagle Ottawa and Hungarian city Szolnok Mayor Ferenc Szalay signed a contract on a HUF 9...

Telco

Hungarian credit institutions see a combined after-tax loss of HUF 446.5 bln

Hit hard by provisioning for compensation for retail clients mandated under the new FX law, Hungarian credit institutions had a...

Telco

BUX down for a second day

The Budapest Stock Exchange's main BUX index finished down 1.52% at 18,210.19 Friday after dropping 0.41% Thursday. It is up...

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...