Telco

Telco

Banks disburse HUF 484 bln of loans in phase II of Funding for Growth Scheme

Banks have so far disbursed HUF 484 bln of loans to SMEs using cheap credit available in the second phase...

Telco

B. Braun winds up HUF 1.7 bln investment in Hungary

German-owned B. Braun Medical has completed a HUF 1.7 bln injection moulding investment at its medical equipment plant in Gyöngyös...

Telco

BUX soars on Greece deal outlook

The Budapest Stock Exchange's main BUX index finished up 3.22% at 17,258.06 Tuesday, the highest since December 12, after rising...

Telco

BSE spot market turnover edges up to HUF 142 bln in January

Spot market turnover on the Budapest stock exchange came to HUF 141.5 bln in January, down 1.5% from the previous...

Telco

Hungary’s MOL to raise petrol, diesel prices

Hungarian oil and gas company MOL will raise its wholesale vehicle gas and diesel prices both by HUF 2 per...

Telco

BUX up on improving mood

The Budapest Stock Exchange's main BUX index finished up 1.14% at 16,719.07 Monday after dropping 0.82% Friday. It is up...

Telco

Report: Economy Ministry plans no casino concessions

The National Economy Ministry reportedly has no intentions to call further tenders for casino concessions, as calling tenders is “only...

Telco

Budapest Bank lends HUF 75 bln of phase II Funding for Growth Scheme credit

Budapest Bank's outlays of cheap credit from the second phase of the National Bank of Hungary's (MNB) Funding for Growth...

Telco

BUX down on ruble, local outlook

The Budapest Stock Exchange's main BUX index finished down 0.82% at 16,530.93 Friday after dropping 1.48% Thursday. It is down...

Telco

MNB: Weaker forint raises retail lending stock in December

The weaker forint raised Hungarian banks' retail lending stock in December, even has households made net repayments on their loans,...

Telco

MNB: Corporate lending stock rises more than HUF 72 bln in December

Corporate lending stock of Hungarian banks rose by HUF 72.2 bln to HUF 6,835.6 bln in December from a month...

Telco

Bericap concludes a HUF 1.2 bln investment

Injection moulding company Bericap announced that it has wound up a HUF 1.2 bln investment at its plant in Székesfehérvár,...

Telco

BUX down on global gloom

The Budapest Stock Exchange's main BUX index finished down 1.48% at 16,667.99 Thursday after dropping 0.20% Wednesday. It is up...

Telco

FHB Bank CEO raises stake in bank to nearly 25%

A64, the asset management company owned by FHB Bank CEO Zoltán Spéder, purchased 2,991,200 FHB shares on January 23, bringing...

Telco

Hotel in Szarvas Hungary undergoes HUF 370 mln expansion

The Liget Wellness and Conference Hotel located in Szarvas in southeastern Hungary, will expand its premises with a spa and...

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...