Telco

Telco

Gross wages up 11.5% in August

The average gross wage for full-time workers in Hungary rose 11.5% year-on-year to HUF 358,876 in August, the Central Statistical...

Telco

Hungary R&D spending up 27% in 2018

Spending on research and development in Hungary came to more than HUF 654 billion, or 1.53% of GDP in 2018,...

Telco

Photon Energy brings 5.6 MWp of PV online

Amsterdam-based Photon Energy NV has announced it has commissioned 5.6 MWp (megawatt-peak) of solar photovoltaic (PV) farms in the town...

Telco

Plusz bond stock nears HUF 2,400 bln

Subscription of Hungarian Government Securities Plus bonds for retail investors reached HUF 114.6 billion in the twentieth week after their...

Telco

Plusz bond stock nears HUF 2.3 tln

Subscriptions for Hungarian Government Securities Plus (MÁP Plusz) bonds for retail investors reached HUF 77.4 billion in the 19th week...

Telco

Banking sector liquidity rose in September, MNB says

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

Telco

Foreign workers’ income in Hungary at record HUF 278 bln

The income of foreign workers in Hungary grew 30% to a record HUF 278 billion last year, index.hu says....

Telco

SBS lays cornerstone of HUF 2 bln assembly hall

Hungaryʼs SBS Kft., which makes frames, booms and other welded structures for mining, construction and farm machines, laid the cornerstone...

Telco

Antidepressant sales skyrocket in Hungary

The value of antidepressants sold in Hungary grew by 48%, while the quantity sold grew some 26% between September 2018...

Telco

FrieslandCampina completes plant expansion in NE Hungary

Dutch multinational dairy cooperative FrieslandCampina, the manufacturer of classic Hungarian chocolate-covered curd bar Pöttyös Túró Rudi and Milli products, has...

Telco

Tarlós orders review of bids in Chain Bridge tender

Budapest Mayor István Tarlós has ordered a review of bids submitted in tenders for the renovation of the capitalʼs landmark...

Telco

Surplus at 1.3% of GDP in H1 2019

Preliminary data show that the surplus of the general government sector in the first half of 2019 was HUF 295...

Telco

BKK announces bids for Chain Bridge renovation

The Center for Budapest Transport (BKK) on Friday announced the bids it received in tenders to renovate the capitalʼs landmark...

Telco

Gross wages up 10.7% in July

The average gross monthly wage for full-time workers in Hungary rose 10.7% year-on-year to HUF 362,595 in July, the Central...

Telco

Hungary highest spender on recreation and sports in EU

Hungary’s general government expenditures on recreational and sporting services accounted for 2.5% of budget spending in 2017, the highest rate...

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...