Telco

Telco

Former barracks transformed into hotel

Hungarian waste management business TAPPE Szállítási és Feldolgozó Kft. has opened a HUF 560 mln, three-star hotel at the site...

Telco

Agulhas-Solar expands Szolnok solar panel plant

Hungary-based solar panel producer Agulhas-Solar is expanding its plant with the installation of a HUF 320 mln solar panel line...

Telco

Hungary Q1 deficit 3.6% of GDP

Hungary had a general government deficit of HUF 256.6 bln or 3.6% of GDP in the first quarter of 2014,...

Telco

Industrial producer prices drop 0.8% in May

Industrial producer prices fell by 0.8% on average in May 2014 as compared to the figures of the previous month,...

Telco

Draspo-Tempo completes HUF 211 mln R&D investment

Draspo-Tempo, Hungarian vehicle parts manufacturer and dealer, has completed a HUF 211 mln research and development investment at its plant...

Telco

Pápai Hús takes loan to pay creditors

Hungarian meat company Pápai Hús 2013 will pay its creditors by the end of June after receiving HUF 4.2 bln...

Telco

Anonymous seller dumps 4% of MOL shares

Anonymous investors sold 4.28 million shares, or 4% of the total ownership, of Hungarian gas and oil giant MOL yesterday,...

Telco

Dutch dairy company invests HUF 650 mln in Hungary

Dairy company FrieslandCampina Hungária, the Hungarian branch of Netherlands-based FrieslandCampina, has announced an investment of HUF 650 mln at its...

Telco

Pannónia Ethanol’s Dunaföldvár unit makes HUF 4bln profit

The Dunaföldvár plant of Pannónia Ethanol, the Hungarian unit of Irish-owned Ethanol Europe Renewables, had an after-tax profit of nearly...

Telco

Teva to complete HUF 3 bln development project

The Teva Pharmaceutical Industries-owned factory in the city of Debrecen will complete a HUF 3 bln generic-drug development project this...

Telco

Average gross monthly pay rises to HUF 232,300

The average Hungarian was earning HUF 232,300 before taxes in April, according to the Hungarian Statistics Office (KSH), which meant...

Telco

K&H Bank to close nine branches, invest in online services

K&H Bank has decided to close nine bank branches in Hungary while investing HUF 6 bln between 2014 and 2017,...

Telco

BalaBit to receive $8 mln capital injection

The London-based venture capital firm C5 Capital is planning to invest $8 million in BalaBit, a Hungarian company specializing in...

Telco

Hungary’s services trade surplus nearly unchanged

When it comes to services, Hungary had a net trade surplus in Q1 this year, a decrease of less than...

Telco

Hungarian toy retailer Gulliver goes into liquidation

The court has ordered the liquidation of toy retailer Gulliver, which went bankrupt at the end of 2013, bailiff Zoltán...

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...