Telco

Telco

General govʼt deficit 14% of full-year target at January end

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 192.8 billion deficit at the end of January, the...

Telco

BUX climbs back after Tuesday slump

The Budapest Stock Exchangeʼs main BUX index finished up 2.3% at 39,698.10 yesterday as three of the bourseʼs four blue...

Telco

Herend Porcelain Manufactory reports lower profit

Hungaryʼs Herend Porcelain Manufactory had pre-tax profit of almost HUF 300 million on revenues of more than HUF 4.7 billion...

Telco

Affidea acquires Főnix-Med

Diagnostic imaging company Affidea Diagnosztika has acquired peer Főnix-Med, a private healthcare provider, Affideaʼs Managing Director György Leitner said at...

Telco

BUX index tracks global stock market nosedive

The Budapest Stock Exchangeʼs main BUX index was down 2.63% at 38,724.47 about 15 minutes after the opening bell on...

Telco

Tax changes impact Zwack revenues, profit

Net sales of Zwack Unicum, Hungaryʼs best-known spirits maker, fell about 3% year-on-year to HUF 12.1 billion in the first...

Telco

MNB FX swap stock falls HUF 75 bln after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will fall by almost HUF 75 billion...

Telco

MNB allocates HUF 60 bln of MIRS at tweaked tender

The National Bank of Hungary (MNB) allocated HUF 60 billion of monetary policy interest rate swaps (MIRS) at the second...

Telco

Viktor Orbán keeps a close eye on his financials

Prime Minister Viktor Orbán increased his savings by HUF 251,000 in 2017, Bertalan Havasi, press officer of the Prime Minister,...

Telco

Budapest bourse turnover jumps sharply in January

Share turnover on the Budapest Stock Exchange (BÉT) reached HUF 247.6 billion in January, up from HUF 193.3 bln in...

Telco

Corporate lending climbs, retail lending falls in December

Hungarian lendersʼ stock of corporate loans rose a little more than HUF 27 billion in December from the previous month,...

Telco

MNB FX swap stock falls HUF 25 bln after tender

The stock of "fine-tuning" FX swaps of the National Bank of Hungary (MNB) will fall by about HUF 25 billion...

Telco

MNB fine-tunes new interest rate swap facility

In the wake of the first tender for its new monetary policy interest rate swaps (MIRS), the National Bank of...

Telco

Merger of Vienna Insurance Group units cleared

The National Bank of Hungary (MNB) has cleared the merger of the three Hungarian units of the Vienna Insurance Group...

Telco

Hungarian Lidl staff to get 20% pay rise

The local unit of German-owned discount chain Lidl is raising the pay of its full-time staff by an average 20%...

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...