Telco

Telco

BUX rises 0.28% on gains from OTP and MOL

The Budapest Stock Exchange's blue-chip BUX index closed Tuesday trade up 0.28% to 18,727.68 on gains from heavyweight issuers OTP...

Telco

Győr-Gönyű port to get HUF 6.5 bln investment

An investment of HUF 6.5 bln (€ 20.7 mln) at the Győr-Gönyü port on the Danube could start in January...

Telco

BUX loses 0.09% on decline from Richter

The Budapest Stock Exchange's BUX index closed Monday trade down 0.09% to 18,675.80 on a decline of nearly 1.8% from...

Telco

Sole-Mizo invests HUF 1.8bln

Hungarian dairy company Sole-Mizo is investing HUF 1.8 bln in its “túró” – a dairy product similar to cottage cheese...

Telco

HYD Pharma to test a new cancer drug

Hungarian pharmaceutical company HYD Pharma has just completed a HUF 250 mln research phase in the development of a new...

Telco

BUX up in tight range before the weekend

The Budapest Stock Exchange's main BUX index finished up 0.29% at 18,691.80 Friday, after falling 0.38% Thursday. It is up...

Telco

Minister explains HUF 212 bln in loans to MVM

In response to a query by an opposition MP posted on the Parliament website, National Development Minister Miklós Seszták explained...

Telco

BUX down on Magyar Telekom

The Budapest Stock Exchange's main BUX index finished down 0.38% at 18,638.28 Thursday, after rising 0.21% Wednesday to a more...

Telco

GYSEV launches HUF 12bn rail electrification project

GYSEV, a regional railway company co-owned by the Hungarian and Austrian states, will spend almost HUF 12 bln on the...

Telco

Household utility debt drops

Consumers behind with household bills owe a combined HUF 96.3 bln (€305 mln) to utility companies, as compared to HUF...

Telco

Consumers owe less to energy service providers

Consumers in Hungary owed HUF 96.3 bln to energy service providers in June, compared to HUF 124 bln a year...

Telco

MÁV passenger-carriage prototypes to be revamped

Hungarian state-owned railway company MÁV will have to redesign its prototypes for new railway passenger carriages in order to meet...

Telco

PannErgy inaugurates 30MW geothermal power plant

Hungarian geothermal-energy company PannErgy inaugurated a 30MW thermal-power production unit in the city of Miskolc, in northeastern Hungary, the company...

Telco

G.I.C. launches dearsenification project

Hungarian industrial resarch and development company G.I.C. finished a HUF 125 mln project to reduce arsenic in drinking water....

Telco

MVM electricity auction prices up 9.2% y.o.y.

Prices at an auction of electricity by Hungarian Electricity Works (MVM), the state-owned power company, increased by 9.2% from 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...