Telco

Telco

Vehicle gas prices on the rise from tomorrow

Hungarian oil and gas company MOL is expected to raise its wholesale vehicle gas prices by HUF 2 per liter...

Telco

BUX up on Greece but worries loom

The Budapest Stock Exchange's main BUX index finished up 1.08% at 18,205.38, a five-month high, Monday after a 0.38% dip...

Telco

Hungarian consortium develops optical distance meter

The consortium of Hungarian computer technology firm Profitrade 90 and the Budapest University of Technology's BME-Infokom Innovator Nonprofit have completed...

Telco

Jófogás to take over users of peer OLX in a few months

Norway's Schibsted Media Group, owner of free classifieds website Jófogás, and South African media company Naspers, owner of peer OLX,...

Telco

BUX down in low-volume trade

The Budapest Stock Exchange's main BUX index finished down 0.38% at 18,011.54 Friday after a 0.01% dip Thursday. It is...

Telco

KSH: Gross wages grew 6.7% in December

The average gross wage in Hungary rose by a year-on-year 6.7% to HUF 257,452 in December due to larger year-end...

Telco

PannErgy losses decrease on rising revenue

Hungarian geothermal energy company PannErgy saw after-tax losses narrowing to HUF 96 mln in Q4 last year from HUF 249...

Telco

General government deficit reaches HUF 53.8 bln in January

Hungary's cashflow-based general government balance, excluding local councils, came to HUF 53.8 bln in January, the National Economy Ministry confirmed...

Telco

BUX slightly down in lacklustre trade

The Budapest Stock Exchange's main BUX index finished down 0.01% at 18,080.36 Thursday after climbing 0.94 Wednesday. It is up...

Telco

Television ad revenue grows 10%

Net revenue from television advertising rose by 10%, reaching HUF 50 bln last year, the first increase in the past...

Telco

VAT revenue climbs due to crackdown on tax evaders

Due to the mandatory installment of electronic tills directly linked to the Hungarian tax office, and the Hungarian government’s squeeze...

Telco

Csaba Metál inaugurates HUF 1 bln expansion

Hungarian automotive parts producer Csaba Metál inaugurated a HUF 1 bln production hall and warehouse at its base in Békéscsaba...

Telco

Rába Q4 after-tax profit jumps 57.8% on rising financial and other revenues

Hungarian automotive-industry company Rába reported after-tax profit of HUF 1.106 bln in the fourth quarter of 2014, up 57.8% from...

Telco

Households account for less than half of gov’t securities

Households accounted for less than half of the rise in outstanding stock of government securities targeted at retail investors last...

Telco

Report: Insurers’ revenue from premiums climb 4%

The combined revenue from premiums of Hungarian insurers saw a rise of 4.2% to HUF 844.1 bln last year, with...

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...