Telco

Telco

BUX pares gains after strong week

The Budapest Stock Exchange's main BUX index finished down 0.16% at 18,083.82 Friday, after rising 2.08% Thursday to a near...

Telco

Eagle Ottawa launches HUF 9 bln expansion in Hungary

U.S. automobile interior producer Eagle Ottawa is investing HUF 9 bln in its Hungarian base in order to double capacity...

Telco

BUX up on Ukraine hopes

The Budapest Stock Exchange's main BUX index finished up 2.08% at 18,113.16 Thursday, a near five-month high, after losing 1.10%...

Telco

MNB: Forint liquidity of banking sector grows in January

The National Bank of Hungary (MNB) today said that the forint liquidity of the country’s banking sector increased in January...

Telco

Sziget Festival budget increases to HUF 4.4 bln

The organizers of the world-renowned Sziget Festival, a week-long musical extravaganza on an island in the Danube, are expecting to...

Telco

BUX down on European caution

The Budapest Stock Exchange's main BUX index finished down 1.10% at 17,744.91 Wednesday, after rising 1.56% Tuesday to a four-month...

Telco

Telenor Magyarország sales on the rise

Telenor Magyarország, the Hungarian subsidiary of Norwegian multinational telecommunications company Telenor Group, saw sales rise by a year-on-year 4.5% to...

Telco

BUX further up on Erste deal

The Budapest Stock Exchange's main BUX index finished up 1.56% at 17,942.13 Tuesday, a four-month high, after rising 1.88% Monday...

Telco

MÁV, GYSEV to receive state subsidies for passenger services

Hungarian state-owned railway company MÁV is expected to receive a state subsidy of HUF 144 bln for its passenger services...

Telco

Venture capital fund invests HUF 8.7 bln

Széchenyi Capital Investment Fund (SZTA), which is a state-owned venture capital fund for SMEs in Hungary, has invested HUF 8.7...

Telco

Analysis: Special sectoral taxes are here to stay

The Hungarian government has become highly dependent on sectoral levies introduced in the past few years, a napi.hu analysis revealed...

Telco

BUX further up on Erste deal

The Budapest Stock Exchange's main BUX index finished up 1.88% at 17,665.69, a two-month high, Monday after rising 0.74% Friday....

Telco

Révész Holding purchases storage facility for Michelin tires

Hungary's Révész Holding Zrt. has purchased a 40,000 sqm warehouse in Nyíregyháza in north eastern Hungary, to store the finished...

Telco

KSH: Exports increase y.o.y 9.2% in December

Improving on lackluster Q3 figures, Hungary's exports increased in December, growing 9.2% year-on-year, while imports grew 7.8% in the same...

Telco

Richter racks up Q4 loss on weaker ruble

Hungarian drugmaker Gedeon Richter finished the fourth quarter of last year HUF 4.2 bln in the red as the sharp...

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...