Telco

Telco

Gross earnings at HUF 365,100

Full-time employees’ average gross nominal earnings amounted to HUF 365,100 in Hungary in October 2019, some 11.6% higher than a...

Telco

Corporate lending stock of banks up in November – MNB

Corporate lending stock of Hungarian banks rose in November from the previous month with nearly 30% of the increase reflecting...

Telco

Retail lending stock of banks up in November – MNB

Retail lending stock of Hungarian banks was up HUF 77.4 billion at nearly HUF 7.022 trillion in November from the...

Telco

Gen govʼt deficit at HUF 41 bln in Q1-Q3 2019

According to preliminary data, the deficit of the general government sector in the Q1-Q3 2019 was HUF 41 billion, 0.1%...

Telco

Hospitals receive HUF 80 bln

The government decided to provide hospitals with a total of HUF 79.4 billion to implement health improvements and reduce debts,...

Telco

DM-KER raises HUF 1 bln in private placement

DM-KER, whose shares are registered on the Budapest Stock Exchangeʼs Xtend platform, on Thursday announced the close of a HUF...

Telco

Fuel prices go up today

Hungarian oil and gas giant MOL will raise the wholesale price of gasoline by HUF 2 today, while the price...

Telco

EBRD to lend EUR 58 mln to build Kosovo’s biggest wind farm

Israeli developer Enlight Renewable Energy has secured EUR 58 million in funding from the European Bank for Reconstruction and Development,...

Telco

Value of card purchases up, but still under cash withdrawals

The value of Hungariansʼ purchases with bank cards continued to climb in the double-digits in the third quarter, but reached...

Telco

Expressway to Ferenc Liszt Airport could be renovated by 2024

A feasibility study on the renovation of the expressway connecting the main parts of Budapest to Ferenc Liszt International Airport...

Telco

EST Media closes tie-up giving Deltagroup backdoor listing

Listed EST Media on Wednesday said it closed transactions that make IT company Deltagroup Holding its majority owner, state news...

Telco

Banking sector liquidity rose in November – MNB

Forint liquidity of Hungaryʼs banking sector rose in November from a month earlier, which was mainly reflected in an increase...

Telco

Fines for GDPR data breaches total HUF 87 mln this year

Hungaryʼs data protection authority NAIH levied fines of a combined HUF 87 million over violations of the European Unionʼs data...

Telco

Energy trader MET interested in ČEZ’s Romanian wind farm

MET România Energy, part of Switzerland-mased MET, one of the largest energy suppliers on the free market, is interested in...

Telco

Jan-Nov gen govʼt deficit reaches 76.7% of full-year target

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 766.3 billion deficit at the end of November, reaching...

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...