Telco

Telco

Bábolna TETRA breeds two new chicken hybrids

Poultry company Bábolna TETRA has bred two new chicken hybrids in a HUF 590 mln project in partnership with the...

Telco

ELMŰ-EMÁSZ revenue falls in H1

Electricity distributors EMÁSZ and ELMŰ had decreased revenue in y.o.y. terms in the first half of 2014, while EMASZ's net...

Telco

Investments grow at healthy 21.2% in Q2

Investments in the Hungarian economy grew by a robust 21.2% in the second quarter of 2014 as compared to the...

Telco

MNB funds schools to replace ‘neoliberal economics’

In an effort to create a new generation of Hungarian economists who do not hew to “obsolete doctrines and mistakes...

Telco

NNG to develop software at new Szeged site

Hungarian navigation software developer NNG, which makes the iGO navigation application, will open a development centre in Szeged this fall,...

Telco

Rogán: FX debt burdens to drop by 1/4

Even without converting foreign-currency debt into forints, the average forex debt burden is likely to decline by a quarter, thanks...

Telco

MOL to lower fuel prices

Hungarian oil and gas company MOL will lower its wholesale diesel and petrol prices by HUF 4 and HUF 3...

Telco

Lidl Magyarország exports more Hungarian vegetables and fruit

Lidl Magyarország, the Hungarian subsidiary of the German discount chain, exported 22,500 tons of fresh fruit and vegetable worth HUF...

Telco

Polyter-Mix inaugurates HUF 131 mln production site

Hungarian plastic recycling company Polyter-Mix Kft. opened a HUF 131 mln production site in Hungary, the company informed Hungarian news...

Telco

Hungarian navigation software firm NNG acquires US peer

Hungarian navigation software developer NNG, which makes the iGO application, has bought US peer nFuzion with the aim of expanding...

Telco

Reconstruction of third metro line to end in 2019

Renovation of the capital’s third metro line (M3) will be completed by 2019 at the earliest, Budapest mayor István Tarlós...

Telco

NAV : less audits, more unpaid taxes

Hungarian Tax and Customs Authority (NAV) is auditing fewer Hungarian companies but uncovering more unpaid taxes, Hungarian business daily Világgazdaság...

Telco

Intersnack Magyarország expects unchanged revenue

Intersnack Magyarország, which manufactures Chio-brand snacks as a unit of the German-based Intersnack Group expects to generate revenue of around...

Telco

Hungary’s debt ratio reaches 85.1% of GDP (UPDATE)

Hungary's gross consolidated government sector debt, calculated at nominal value, in line with Maastricht methodology, reached HUF 25,432bn, or 85.1pc...

Telco

OTP books a HUF 153 billion loss

OTP Bank booked a HUF 153.1bn loss for Q2 because of the legislation requiring banks to compensate borrowers, an earnings...

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...