Telco

Telco

Average pension half the average salary

On Wednesday morning, the Central Statistical Office (KSH) published earnings figures for December last year, and the report also found...

Telco

Hungary investment volume growth slows to 5.9% in Q4

Investment volume in Hungary rose 5.9% year-on-year in the fourth quarter, the lowest rate since Q4 2016, Hungarian news agency...

Telco

K&H Bank adjusted profit climbs 7% in 2019

Net profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 7% to HUF 50.9 billion last year, cleared...

Telco

Average gross earnings up 13.1% y.o.y. in December

Average gross earnings amounted to HUF 406,400 in December 2019, about 13.1% higher than in the same period of 2018,...

Telco

Bosnia’s Federation approves construction of two wind plants

The government of Bosnia’s Federation entity said that it has given a preliminary approval for the launch of the Ivovik...

Telco

GreenGo launches service in Prague

Hungarian car-sharing company GreenGo has started operating in Prague with 100 all-electric VW e-up! cars, Hungarian news agency MTI says,...

Telco

MOL Q4 earnings fall on bigger tax bill

Fourth-quarter net income of Hungaryʼs MOL fell 53% year-on-year to HUF 37 billion as the oil and gas company footed...

Telco

Hiventures invests HUF 207 mln in TrustChain

Hiventures, the venture capital fund manager of the state-owned Hungarian Development Bank (MFB), has invested HUF 207 million in TrustChain...

Telco

Leasing company outlays climb to HUF 740 bln in 2019

Hungarian leasing companiesʼ outlays rose 7% close to HUF 740 billion last year, the chief secretary of the Hungarian Leasing...

Telco

Hungary farm sector output reached HUF 2.789 tln in 2019

Gross output of Hungaryʼs agriculture sector rose 3.56% to HUF 2.789 trillion last year, state news wire MTI reports, citing...

Telco

50 SMEs Eligible for Hungarian Multi-Program

About 50 micro, small and medium-sized enterprises are expected to enter this year’s Hungarian multi-program (MMP), said Balázs Szepesi, Deputy...

Telco

Opus makes offer for E.ON Hungária energy trader

Listed holding company Opus Global on Monday said it submitted a binding offer to buy E.ON Energiakereskedelmi (Eker), the energy...

Telco

Gross profit climbs, but other costs put Richter in red in Q4

Pharmaceutical company Gedeon Richter had a fourth-quarter net loss of HUF 12.5 billion, just a fraction over the HUF 12.3...

Telco

GKI expects GDP growth of 3.5% in 2020

The Hungarian economy expanded last year by about 5%, one of the fastest in the EU. Overall, the October-November figures...

Telco

MNB swap stock to fall HUF 130 bln after tender

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking...

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...