Telco

Telco

Retail govʼt securities sales down slightly in October

Net sales of forint-denominated government securities targeted at retail investors came to HUF 151.3 billion in October, slightly down from...

Telco

Rába Q1-Q3 profit jumps 40%

Hungarian automotive industry company Rábaʼs after-tax profit rose 40% year-on-year to HUF 716 million in the year to the end...

Telco

CSOK loan payouts increase in 2017

Hungarian lendersʼ payouts of government support under the expanded Home Purchase Subsidy Scheme for Families, known by its Hungarian acronym...

Telco

Banking sector liquidity down in October – MNB

Forint liquidity of Hungaryʼs banking sector fell further in October from a month earlier, indicated mainly by a fall in...

Telco

Hungarians spending more on lottery

This yearʼs revenues from the Hungarian lottery will be 5% higher year-on-year, at above HUF 145 billion, according to estimates...

Telco

Tender lifts ‘fine-tuning’ FX swap stock

The National Bank of Hungary (MNB) allotted HUF 125 billion of forint swaps against euros at a tender on Monday,...

Telco

OTP profit growth steady

Third-quarter after-tax profit of OTP Bank rose 14% year-on-year to HUF 79.3 billion, lifted by higher business volume, an earnings...

Telco

Magyar Telekom Q3 profit climbs 42%

Magyar Telekomʼs third-quarter after-tax profit jumped 42% year-on-year to HUF 19.3 billion as revenues rose, an earnings report published late...

Telco

Richter profit climbs 14% in Q3

Hungarian drugmaker Gedeon Richterʼs third-quarter net income rose 14% to HUF 16.4 billion as revenues climbed, an earnings report released...

Telco

Zwack profit down in H1 as sales decline

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 12% year-on-year to HUF 886 million in the first half...

Telco

Digestifs lead Hungarian spirits preferences

Hungarians spend more than HUF 80 billion per year on spirits. However, despite being the national drink, pálinka does not...

Telco

MNB ‘fine-tuning’ FX stock level after latest tender

The National Bank of Hungary (MNB) allotted HUF 175 billion of forint swaps against euros at a tender yesterday, level...

Telco

Budget deficit keeps climbing in October

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,418.2 billion deficit at the end of October -...

Telco

VAT exemption threshold could rise by 2019

The government may raise the annual revenue threshold for VAT exemption for small businesses by HUF 4 million to HUF...

Telco

MOL Q3 net income falls 29% as margins narrow

Third-quarter net income of oil and gas company MOL fell 29% year-on-year to HUF 47.7 billion as margins narrowed, an...

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...