Telco

Telco

MOLʼs revenues, profits surge in third quarter

Third-quarter net income of Hungarian oil and gas company MOL rose 89% year-on-year to HUF 90.0 billion, supported by higher...

Telco

Magyar Suzuki’s Esztergom Facility to Become a Smart Factory

A new, multi-phase innovation development project has begun at Magyar Suzuki’s factory. The HUF 5.3 billion R&D project supported by...

Telco

Felföldi Confectionery launches new product at Yummex Dubai

Hungarian family-owned Felföldi Confectionery is launching a dry cheese snack dubbed "Letʼs Cheese" at the Yummex Middle East trade fair...

Telco

Hungary pledges HUF 10.9 bln of economic support for Vojvodina

Contracts were signed last Friday for some HUF 10.9 billion in support from the state of Hungary for more than...

Telco

Eurostat maintains reservation on MNBʼs foundations

Eurostat is maintaining its reservation on the way the Hungarian government classifies the foundations of the National Bank of Hungary...

Telco

Mészáros-controlled firms Konzum and Opus to merge

Holding companies Konzum and Opus Global announced their planned merger in disclosures on the website of the Budapest Stock Exchange...

Telco

Govʼt approves framework of Hungarian Village Program

The government has approved the framework of the Hungarian Village Program, which aims to maintain or grow populations in communities...

Telco

MNBʼs FX swap stock remains steady

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain around HUF 1,988 billion after...

Telco

Retail employment up in 2017

The number of workers employed in the retail sector, working at organizations with at least five people, rose by 1.55%...

Telco

Families granted HUF 250 bln in CSOK home purchases subsidies

More than 90,000 Hungarian families have taken advantage of a total of HUF 250 billion in grants within the framework...

Telco

Banking sector liquidity narrows further in September

Forint liquidity of Hungaryʼs banking sector narrowed further in September from a month earlier, mainly reflected in a fall in...

Telco

Public sector unions propose raising minimum wages

The Forum for the Cooperation of Trade Unions (SZEF), which represents the unions of teachers, healthcare and social workers, and...

Telco

Deficit cut to 109.9% of full-year target in September

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,496.5 billion deficit as of the end of September,...

Telco

Banksʼ corporate, retail lending up in August

The corporate lending stock of Hungarian banks rose in August from the previous month, lifted by outlays as well as...

Telco

MKB Bank set to close 15 branches

MKB Bank is set to close 15 branches to improve its cost efficiency, optimizing its countrywide network after investigating its...

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...