Telco

Telco

K&H tapping HUF 130 bln in cheap credit

K&H Bank signed contracts with clients for HUF 69 bln in cheap credit from the National Bank of Hungary's (MNB)...

Telco

National Instruments inaugurates HUF 4 bln science park

America-based measurement and automation company National Instruments (NI) inaugurated a HUF 4bn science park in Debrecen, eastern Hungary, the country’s...

Telco

Deficit has its best August in 10 years

Hungary's cashflow-based general government deficit, excluding local councils, reached HUF 858.8 bln at the end of August, a first reading...

Telco

Budapest inaugurates bike-sharing system

Budapest inaugurated a city-wide bike-sharing system entitled "MOL BuBi" today. The system has 1,100 bicycles at 76 docking stations around...

Telco

SAP Hungary revenue set to climb 5-10% this year

Business management software company SAP Hungary expects its revenue to climb by 5-10% this year, managing director Balázs Ablonczy was...

Telco

Dunapack invests HUF 1.7bn in packaging plant

Dunapack, the largest paper-based packaging producer in Hungary is spending more than HUF 1.7bn on technology developments at its base...

Telco

KSH: Trade surplus at €497.6 mln in July

Hungary had a €497.6 mln trade surplus in July, up €65.9 mln year-on-year, the Central Statistics Office (KSH) revealed in...

Telco

Opposition blasts idea of state alcohol monopoly

Following yesterday’s rumors of an alcohol retail sales monopoly by the state, Viktor Szigetvári, the co-leader of the E-PM party,...

Telco

Sematic inaugurates HUF 1.5bn expansion in Hungary

Italian elevator component producer Sematic inaugurated a HUF 1.5 bln expansion at its Hungarian base in Nyíregyháza, northeast Hungary, today....

Telco

Rossmann sees 8% revenue growth in Hungary

The Hungarian unit of German health and beauty products retailer Rossmann expects to close the year with revenue of HUF...

Telco

Cronus buys two hydraulic excavators

Hungarian construction company Cronus Tömegáru-Fuvarozó és Szolgáltató purchased two hydraulic excavators at a cost of HUF 350 mln, the company...

Telco

Gedeon Richter and US Palatin to market new drug in Europe

Hungarian drug producer Gedeon Richter has concluded an agreement with US biopharmaceutical company Palatin Technologies to develop and commercialize bremelanotide,...

Telco

Pallet maker launches pellet business

Fashion Export-Import is investing more than half a billion forints in building a plant that will turn sawdust, the byproduct...

Telco

170,000 e-tills connected to tax office

Hungarian businesses have started using more than 170,000 tills that communicate directly with the national Tax and Customs Authority (NAV)...

Telco

Hungarian-Chinese joint venture to make wine barrels

A new Hungarian-Chinese joint venture will produce oak wine barrels in China. The joint venture is owned by Trust Hungary...

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...