Telco

Telco

Btel’s profit down

Telecommunications company Business Telecom (BTel) saw its revenue rose sharply in H1. However its profit fell due to financial losses,...

Telco

Central bank buys castle

The National Bank of Hungary (MNB) bought a historic castle located on the banks of River Tisza as part of...

Telco

Békés Drén spending HUF 481 mln on excavation equipment

Hungarian civil engineering company Békés Drén is planning to spend HUF 481 mln for purchasing excavation equipment, the company announced...

Telco

Agro Line completes HUF 340 mln technological investment

Steel machinery components manufacturer Agro Line completed a HUF 340 mln technological investment at its plant located in Kiskőrös, the...

Telco

Metro refurbishment plans welcomed by Socialists

The ruling Fidesz party has “given in” to the will of the residents of Budapest, the head of the Budapest...

Telco

Vajda Papír completes €4.3m capacity expansion in Norway

Hungary's Vajda Papír has installed a €4.3 mln production line at its hygienic paper plant in Norway, doubling capacity at...

Telco

CIG Pannónia books small profit in H1

Hungarian insurer CIG Pannónia had first-half after-tax profit of HUF 131 mln, improving over a HUF 399 mln loss in...

Telco

Banking sector forint liquidity falls in July

Forint liquidity of the domestic banking sector fell in July as compared to the previous month as reflected in a...

Telco

OTP to face bigger FX loans compensation costs

OTP could face bigger losses than expected, as a result of the National Bank of Hungary’s (MNB) recently published guidelines...

Telco

PannErgy losses narrow as revenue grows

Hungarian geothermal energy company PannErgy had a first-half net loss of HUF 165 mln, narrowing about two-thirds from the same...

Telco

Hankook gets credit line from Eximbank

Magyar Export-Import Bank and a consortium of three Hungarian commercial banks signed a contract to provide the local unit of...

Telco

State lottery company revenue climbs 32% in H1

Hungarian state-owned lottery company Szerencsejáték closed the first half of 2014 with a revenue of HUF 148 bln, up by...

Telco

TMK-Automatika develops device for disposal of drilling waste

Hungary's TMK-Automatika has developed a device for eliminating liquid waste generated by gas and oil drilling in an almost HUF...

Telco

Ver-Bau invests HUF 400 mln at industrial park

Construction company Ver-Bau has invested HUF 400 mln in an industrial park on the outskirts of Kecskemét, a company official...

Telco

Erste Bank losses swell on borrowers’ relief provisions

Erste Bank Hungary's second-quarter losses increased 67% to HUF 43.9 bln from the same period a year earlier as the...

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...