Telco

Telco

Government OKs HUF 50 bln in road renovation

Hungary's government has approved HUF 50bn of renovation projects on some 500 km of road, National Development Ministry State Secretary...

Telco

Zalaco inaugurates HUF 1 bln factory

Hungarian bakery company Zalaco today inaugurated a HUF 1 bln factory in Zalaegerszeg, western Hungary....

Telco

Robert Bosch investing HUF 2.9 bln

German-owned automotive industry supplier Robert Bosch is investing HUF 2.9bn at its base in Hatvan, eastern Hungary, the company announced...

Telco

Rondo invests HUF 350mln in automation at Budapest base

Austrian-owned cardboard maker Rondo Hullámkartongyártó is investing HUF 350 mln on automation in its Budapest factory, the company told Hungarian...

Telco

Quick 2000 inaugurates HUF 134 mln investment

Pharmaceutical machinery maker Quick 2000 inaugurated a HUF 134 mln investment facility at its base located in the town of...

Telco

Nova Bútor building HUF 510 mln furniture plant

Hungarian furniture maker Nova Bútor is building a HUF 510 mln factory in Zalaegerszeg, the city's mayor said on Friday....

Telco

BUX dives on blurred outlook

The Budapest Stock Exchange's main BUX index finished down 1.80% at 18,412.40 Friday, after falling 0.14% Thursday. It is down...

Telco

HUF 17 bln makeover planned for Dagály strand

The central government and Budapest’s City Council will finance a HUF 17 bln development of the Dagály swimming pool and...

Telco

More EU funds for rail and road

Telco

BUX down on debtor relief, Ukraine

The Budapest Stock Exchange's main BUX index finished down 0.14% at 18,749.34 Thursday -- but up from an intraday low...

Telco

Univer Product inaugurates HUF 3.5 bln expansion

Hungarian condiments maker Univer Product inaugurated a HUF 3.5 bln expansion at its base in Kecskemét, Hungarian news agency MTI...

Telco

Wing sells building market leader Market Építő

Hungarian-owned private property developer Wing sold its 51% stake in Hungarian construction company Market Épitő to Garharrt Invest 2014, Hungarian...

Telco

British ambassador calls for strengthening ties

Every opportunity must be seized to strengthen effective cooperation between Hungarian and British economic players, the British ambassador said in...

Telco

BUX rises 0.26% on gains from OTP, MTelekom and MOL

The Budapest Stock Exchange's blue-chip BUX index closed Wednesday trade up 0.26% to 18,775.53 as three of four bluechips registered...

Telco

Salgglas spends HUF 1 bln on new technology

Hungary’s largest industrial glass manufacturer Salgglas, a supplier of the vehicle-manufacturing industry, is spending HUF 1 bln on developing a...

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...