Telco

Telco

MFB opens HUF 29 bln credit line to agribusinesses

The Hungarian Development Bank (MFB) is offering HUF 29 bln in preferential credit to farmers and food industry companies in...

Telco

BUX further down on budget worries, OTP and European downturn

The Budapest Stock Exchange's main BUX index finished down 1.93% at 16,984.23 Monday, after falling 0.83% Friday. It is down...

Telco

Parliament passes 2015 budget

While union members were staging road blockages to oppose the plan, Parliament passed its proposed budget for 2015 today, according...

Telco

Externet to enter cable internet market

Listed Hungarian telecom Externet is planning on launching cable internet services in about 100 settlements around Hungary, the company announced...

Telco

Survey: Online trade to grow 20%

Retail sales conducted through the internet are expected to grow by a year-on-year 22.5%, reaching approximately HUF 266 bln in...

Telco

Union protests delay traffic into Budapest

"Single-lane" demonstrations by labor unions caused considerable slowing of traffic on highways entering Budapest this morning. Altogether 13 unions have...

Telco

Videoton sees 17% revenue rise

Hungarian-owned electronics manufacturers Videoton Holding is expecting to see consolidated revenue of HUF 134 bln this year, up by 17%...

Telco

Hungerit completes HUF 1.7 bln project

Hungary-based poultry company Hungerit wound up the construction of its new poultry logistics system valued at HUF 1.7 bln at...

Telco

Rondo plans HUF 400 mln investment for 2015

Austrian-owned Hungary-based cardboard manufacturer Rondo Hullámkartongyártó is planning to invest HUF 400 mln in its Budapest factory following the completion...

Telco

BUX further down on consumer price outlook

The Budapest Stock Exchange's main BUX index finished down 0.83% at 17,318.45 Friday, after falling 0.90% Thursday. It is down...

Telco

EC approves first Hungarian operative program

The European Commission approved the first Hungarian operative program on Thursday regarding the support of people in poverty....

Telco

Location of MTel HQ undecided

Magyar Telekom, the Hungarian subsidiary of German telecoms giant Deutsche Telekom, is considering relocating all of its bases in Budapest...

Telco

Waberer’s invests in 120 Mercedes-Benz lorries

Hungarian road haulage company Waberer's International signed an agreement to buy 120 Mercedes-Benz tractors, president and CEO György Waberer said...

Telco

Prettl Group expands in Hungary

BHG Alkatrészgyártó, which company is part of Prettle Group of Germany, is investing HUF 554 mln for expanding its production...

Telco

BUX down on consumer price outlook

The Budapest Stock Exchange's main BUX index finished down 0.90% at 17,463.68 Thursday, after climbing 0.09% Wednesday. It is down...

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...