Telco

Telco

MNB: Hungarian banks booked HUF 447 bln loss last year on borrowers relief

Hit hard by compensation for retail clients mandated under law, Hungarian credit institutions had a combined after-tax loss of HUF...

Telco

MNB: Corporate lending stock falls on net FX repayment

Corporate lending stock of Hungarian banks fell HUF 31.2 bln to HUF 6.798 trillion in January from a month earlier...

Telco

Buda-Cash management may have reported misconduct to financial services watchdog

Hungarian boutique brokerage firm Buda-Cash’s management allegedly reported misconduct to the Hungarian National Bank (MNB) when the central bank’s investigation...

Telco

BUX down after three-day rise

The Budapest Stock Exchange's main BUX index finished down 0.41% at 18,490.94 Thursday after rising 0.32% on Wednesday. It is...

Telco

KSH: Investment volume growth slows to 1.9%

Investment volume growth in Hungary slowed to 1.9% in Q4 last year, falling from 15.7% in Q3 and 27.6% in...

Telco

Budapest Council adopts 2015 budget

The municipal council of Budapest yesterday approved the city's budget for 2015 with 20 votes for, nine against and one...

Telco

MTel Q4 earnings improve on lower payroll costs

Fourth-quarter after-tax profit of Magyar Telekom more than doubled to HUF 2.7 bln from the same period a year earlier...

Telco

Masterplast’s earnings fall on Ukraine write-off

Hungarian building materials manufacturer Masterplast's net income decreased by 38%, down to €749,000, last year, an earnings report published late...

Telco

Leier Hungária expands capacity

The Hungarian unit of Austrian building materials manufacturer Leier invested HUF 2.1 bln to expand its Hungarian facility’s capacity last...

Telco

Mayor: Government agrees to take over debt repayment from BKV

The government has agreed to take over the debt repayment of the Budapest Public Transport Company (BKV), Mayor István Tarlós...

Telco

BUX slows after rally

The Budapest Stock Exchange's main BUX index finished up 0.32% at 18,567.30, another more than five-month high, Wednesday after rising...

Telco

HUF 12 bln compensation available through investor protection fund

Hungary's Investor Protection Fund (Beva) has assets of HUF 12 bln to pay clients of investment fund service providers in...

Telco

Slovnaft posts loss for 2014

Hungarian oil and gas company MOL's Slovakian unit, the Slovnaft refinery, yesterday posted a loss of €71 mln for last...

Telco

BUX up on Greece, Fed, local news

The Budapest Stock Exchange's main BUX index finished up 1.66% at 18,507.84, a more than five-month high, Tuesday after rising...

Telco

MOL books HUF 68.6 bln loss in Q4 due to lower oil prices

Hungarian oil and gas company MOL saw a net loss of HUF 68.6 bln in Q4 last year as revenue...

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...