Telco

Telco

Gross wages up 13.9% y.o.y. in November

The average gross wage for full-time workers in Hungary rose 13.9% year-on-year to HUF 403,500 in November, Hungarian news agency...

Telco

Romania annual bank deposits growth speeds up in Dec

The deposits of the non-governmental sector in Romanian banks grew 11.5% year-on-year to RON 367.7 billion (EUR 75 billion) in...

Telco

Bulgaria non-govt deposit growth speeds up in Dec

Deposits of Bulgaria’s non-government sector rose by an annual 9.7% to BGN 85.2 billion (EUR 43.6 bln) at the end...

Telco

Tax revenue jumped 5% in 2019

According to preliminary estimates, the general government deficit-to-GDP ratio was below the EU benchmark for the eighth consecutive year, which...

Telco

Retail govʼt security stock grows in Q4, lifted by Plusz bond

Outstanding stock of forint retail government securities rose HUF 281.5 billion to HUF 9.074 trillion in the fourth quarter of...

Telco

Gen govʼt deficit reaches 122% of full-year target for 2019

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1.219 trillion deficit at the end of December, the...

Telco

Government communications spending rises to HUF 28.2 bln

Each year the Prime Minister’s Office headed by Antal Rogán spends more on "government communications", which by the end of...

Telco

MNB swap stock to fall HUF 38 bln after tender

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

Telco

FDI quadrupled in past decade

About four times as many investments came to Hungary last year through the Investment Incentive Scheme than in 2009, the...

Telco

ITM to prioritize transportation infrastructure

The government and the Ministry for Innovation and Technology (ITM) are committed to the continuous improvement of the road and...

Telco

Big December purchases lift BAMOSZ investment fund assets

Assets of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose...

Telco

Poultry company Master Good acquires peer Sága

Hungarian-owned poultry company Master Good has acquired 100% of local peer Sága, Master Good said on Monday, without revealing the...

Telco

HungaroControl manages navigation of over 1 mln aircraft

HungaroControl assisted with the navigation of more than 1 million aircraft last year, including a 23% increase in air traffic...

Telco

Debrecen BMW to recruit locally in spring

András Salgó, corporate communications manager for BMW Group Hungary, said that the construction of the factory in Debrecen (225 km...

Telco

MNB swap stock remains unchanged after tender

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

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...