Telco

Telco

Retail and corporate lending rose in September

Retail lending stock of Hungarian banks rose in September from the previous month, continuing an increase that started in the...

Telco

OTP chairman-CEO remains richest Hungarian

Sándor Csányi, the food industry magnate and head of OTP Bank, remains at the top of Forbesʼ annual ranking of...

Telco

Banks place HUF 25 bln in MNB three-month depos

The National Bank of Hungary (MNB) accepted HUF 25 billion of placements in its three-month deposits for banks at a...

Telco

MNB raises forint liquidity via swap tender

The National Bank of Hungary (MNB) allotted HUF 50 billion of one-month swaps against euros at a tender on Monday,...

Telco

5G likely to fuel huge business potential

Fifth-generation networks (5G) will not be available any time soon, but preparations are under way. Ericsson and Magyar Telekom recently...

Telco

Deficit 106% of full-year target at end of September

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,236.3 billion deficit at the end of September, the...

Telco

Average gross earnings up 13.2% in August

In the first eight months of 2017, both gross and net earnings grew to the same extent, by 12.7%, compared...

Telco

Investment fund assets rise over HUF 6,000 bln – Bamosz

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (Bamosz) edged...

Telco

Tourism strategy focuses on sports, culture and health

The Tourism Summit 2017, held on Monday, offered a platform for the discussion of current issues and challenges impacting the...

Telco

MNB allotment of EUR/HUF swaps raises forint liquidity by HUF 16 bln

The National Bank of Hungary (MNB) allotted HUF 40.7 billion of one-month swaps against euros at a tender on Monday,...

Telco

Retail govʼt securities sales in Jan-Sept double full-year target

Net sales of forint-denominated government securities targeted at retail investors came to HUF 154.8 billion in September, after reaching just...

Telco

Hajdu group inaugurates capacity expansion

Automotive industry supplier Hajdu Autotechnika Ipari Zrt. inaugurated a HUF 2 billion capacity expansion and technology upgrade at its base...

Telco

Banking sector liquidity down in September

Forint liquidity of Hungaryʼs banking sector fell in September from a month earlier, with the average stock of credit institutionsʼ...

Telco

Poli-Farbe inaugurates capacity expansion

Hungarian paint and plaster maker Poli-Farbe inaugurated a HUF 926 million capacity expansion at its base in Bócsa, southern Hungary,...

Telco

Kométa 99 invests HUF 1.3 bln to process byproduct

Hungaryʼs Kométa 99 Zrt. is undertaking a more than HUF 1.3 billion investment at its base in Kaposvár (190 km...

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...