Telco

Telco

Gov’t confident “boring” 2014 budget will boost economy

From the Budapest Business Journal print edition: The parliamentary majority approved the main items of the 2014 budget, boosting spending...

Telco

Parliament approves main 2014 budget figures

Parliament approved the main figures of the 2014 budget on Tuesday after the budget committee passed amendments that raised the...

Telco

KSH: Net earnings in 2013 up 5%, gross up 3.6%

In the national economy – defined by the Central Statistics Office (KSH) as comprising corporations employing at least five persons,...

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Survey: 15% of SMEs seek to join Funding for Growth phase II

About 12% of Hungarian SMEs received loans from refinancing available in the first phase of the National Bank of Hungary’s...

Telco

Sources: EC to give Hungary e-toll system good marks

The European Commission has found Hungary’s new toll on trucks and lorries worth recommending to other European Union member states,...

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$67 million expansion for Monsanto in Nagyigmánd

US-based agribusiness Monsanto inaugurated a $67 million (approximately €50.25 million) expansion at its seed plant in Nagyigmánd today, one of...

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New gambling law: Double fees, no tender required

Legislation approved by Parliament this week will allow the state to choose “reliable gambling organizers” to establish casinos or other...

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Dairy Products Council strategy: 11% to 30% increase by 2020

Hungary’s Dairy Products Council has drawn up a mid-term strategy for the industry that aims to boost annual output to...

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Hungary’s pharmaceutical companies focused abroad

Drugmakers and the healthcare industry in general continue to complain about the unwavering pressure placed on them by central measures...

Telco

KSH: Exports, imports down in August

Statistics released today by the Central Statistics Office (KSH) for August show decreases in both Hungarian exports and imports; the...

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MVM pays HUF 281 billion for E.ON gas business

The state-owned Hungarian Electricity Works (MVM) paid HUF 281 billion (appr. $1.28 billion) for the Hungary-based gas business of Germany-based...

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Government revenues, expenditures up in 2013

According to KSH’s preliminary data, the deficit for the general government sector in the first half of 2013 was HUF...

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Zwack Unicum no longer Premium on BSE

Shares of Zwack Unicum, producers of that distinctly Hungarian tipple, will be sold under the “Standard” category of the Budapest...

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KSH: Average gross earnings in Hungary HUF 228,400

The Central Statistics Office (KSH) has compiled data on personal earnings for the first seven months in 2013, with the...

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EP passes new online gambling resolution

Though a bill passed by the Hungarian parliament in late June which lays the groundwork for online gaming regulation and...

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...