Telco

Telco

Online music sales climb 50% in Hungary

Online music sales in Hungary rose 50% to almost HUF 500 million last year, data from the Hungarian Association of...

Telco

KDB confirms Strabag/Swietelsky superlaser center tender win

A consortium of Strabag MML and Swietelsky Magyarország has been officially named the winner of a tender to build a...

Telco

Trade surplus up €118 million y.o.y.; 80% of exports to EU

The Central Statistics Office (KSH) reported another good month for Hungary’s trade balance in February, though the government’s much-touted “East-facing”...

Telco

MNB closes 2013 with HUF 26.3 billion profit

The National Bank of Hungary closed 2013 with profit of HUF 26.3 billion, the central bank said on Friday, citing...

Telco

HUF 947 million expansion for industrial park

Völgységi Ipari Park in Bonyhád plans to spend HUF 947 million on the construction of two production halls, the company’s...

Telco

Gyermelyi completes HUF 1 billion investment

Pasta maker Gyermelyi has completed a HUF 1 billion grain cleaning and storage facility, marketing director Gábor Bokros told national...

Telco

Narrower interest margins, risk costs eat up OTP profit

OTP Bank’s fourth-quarter after-tax profit plunged 95% to HUF 1.4 billion from the same period a year earlier as interest...

Telco

Trade surplus for ’13 on automotive, chemical revival

Figures for December 2013 released by the Central Statistics Office (KSH) today show that the volume of exports was up...

Telco

ÁKK plans issues of HUF 423.5 billion through May

Hungary’s Government Debt Management Agency (ÁKK) plans net forint issues of HUF 423.5 billion for the March to May period,...

Telco

Advertising market up just 0.6% in ’13; radio up 29%

Hungary’s advertising market grew just 0.6% to HUF 175.4 billion in 2013, data from the Hungarian Advertising Association (MRSz) show....

Telco

ELMŰ, ÉMÁSz to propose tapping reserves to pay dividend

The boards of electricity distributors ELMŰ and ÉMÁSz will propose to shareholders tapping profit reserves to pay dividends at annual...

Telco

Gross wages down in December, up for 2013

Average gross wages in Hungary fell 1.1% year-on-year in December as the number of fostered workers, who earn less than...

Telco

Hungarian TV news: Paramount debuts; Smash Hits coming; ad revenue down in ‘13

Hungary has become the third European nation to air a localized version of the US-based Paramount Channel in a wave...

Telco

Economy Minister: No need to amend budget for forint

There is no need to amend this year's budget in light of the current weakness of the forint, National Economy...

Telco

Construction on Szeged’s EU-supported superlaser center begins

The cornerstone of the ELI Attosecond Light Pulse Source (ELI-ALPS), a European Union-supported superlaser center in Szeged, was laid today...

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...