Telco

Telco

KSH: May retail sales grow at slower rate

Retail sales in Hungary rose 4.9% in May as compared with a year earlier, according to calendar-adjusted figures, the latest...

Telco

Telenor Magyarország Q2 revenue rises to HUF 38.8 bln

Revenue of mobile telecommunications company Telenor Magyarország rose by approximately HUF 700 mln, reaching HUF 38.8 bln in Q2 y.o.y.,...

Telco

Sematic undertakes HUF 1.6 bln expansion

Italian elevator component maker Sematic has started a HUF 1.6 bln expansion at its Hungarian base in Nyíregyháza, the local...

Telco

Deficit at 82.6% of full-year target by June

Hungary's cashflow-based general government deficit, excluding local councils, came to HUF 813.7 bln by the end of June, equivalent to...

Telco

State road co. buys 80 John Deere tractors

Hungarian state road company Magyar Közút will aquire 80 new John Deere tractors at a cost of HUF 2.7bn, the...

Telco

MÁV to start InterCity carriage production

State-owned Hungarian railway company MÁV is to launch the production of an InterCity carriage developed by the company, Hungarian business...

Telco

Számhead to spend HUF 450 mln on IT development

Számhead, a Hungarian company that builds data centre infrastructure, is spending almost HUF 450 mln to develop a better IT...

Telco

FHB: FX-loan law may cost 19.5 bln forints

Compensating foreign-currency borrowers could cost FHB Mortgage Bank up to HUF 19.5bn at group level, the bank announced late Friday....

Telco

K&H Bank named Hungary’s best by Euromoney again

K&H Bank, the subsidiary of Belgian KBC, has been named “Hungary’s best bank” in Euromoney’s 2013 Awards for Excellence, K&H...

Telco

Trade surplus at €419 mln in May

Hungary had a €419.2 mln trade surplus in May, a decrease from the figures (€71.9 mln) of same month last...

Telco

Competition office fines cement firms HUF 2.8 bln

Eight ready-mixed concrete companies and the Hungarian Concrete Association were fined a total HUF 2.79 bln, for setting prices and...

Telco

Budget deficit reaches 82.2% year target

In the first half of this year, the budget deficit reached HUF 813.7 bln, which is already 82.6% of the...

Telco

OTP banking on loss of HUF 147 bln due to FX law

As a result of new legislation on FX loans, passed by the parliament last Friday, Hungary’s OTP Bank said it...

Telco

Master Good inaugurates HUF 2.1 bln expansion

Family-owned Hungarian poultry company Master Good inaugurated a HUF 2.1 bln expansion at its base in Kisvárda yesterday, owner Lászó...

Telco

Erste sees retail lending legislation in Hungary raising risk costs

Austrian banking group Erste expects legislation in Hungary affecting retail loans to raise risk costs, the parent bank announced yesterday....

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...