Telco

Telco

Investment fund assets flat at HUF 5,993 bln in August

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

Telco

MNB allots HUF 25 bln at EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 25 billion of one-month forint swaps against euros at a tender on...

Telco

MNB set to reduce three-month depo stock

The National Bank of Hungary (MNB) has capped the amount of placements in its three-month deposit at a tender on...

Telco

Hunent lays cornerstone of waterfowl processing plant

Minister of Foreign Affairs and Trade Péter Szijjártó on Friday laid the cornerstone of a waterfowl processing plant being built...

Telco

Revenues up, profits low at state-owned lottery company

While revenues have grown since 2015, profits show a reverse trend at state-owned lottery company Szerencsejáték Zrt. Sports betting is...

Telco

Hungarian wages continue to rise

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data...

Telco

Banking sector liquidity up in August

The forint liquidity of Hungaryʼs banking sector rose in August from a month earlier, which was mainly reflected in an...

Telco

Lázár details progress of Modern Cities program

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the...

Telco

Net sales of retail govʼt securities only HUF 350 mln in August

Net sales of forint-denominated government securities targeted at retail investors came to HUF 350 million in August, bringing the total...

Telco

Hungaryʼs ICT sector revenues climb 13% in Q2

Revenues of Hungaryʼs information and communications technology (ICT) sector rose 13% year-on-year to HUF 735 billion in the second quarter,...

Telco

SAP Hungary revenues up 20% in 2016

The Hungarian unit of business management software company SAP had revenues of HUF 28.5 billion in 2016, up 20% from...

Telco

Insurers‘ premium revenues up 5.6% in Q2

Hungarian insurersʼ second-quarter revenues from premiums rose 5.6% year-on-year to HUF 231.1 billion, fresh data compiled by the National Bank...

Telco

MKB after-tax profit up sharply in H1

MKB Bank had HUF 19.46 billion after-tax profit in the first half of 2017, compared to HUF 1.54 bln in...

Telco

Govʼt says deficit target of below 3% still on track

The government is focusing on speeding up economic growth and improving the situation of companies and families. Financial resources are...

Telco

Dramatic improvement in Hungaryʼs internet connections

The internet bandwidth in Hungary has increased dramatically in the last decade. While optical networks have greatly expanded, the development...

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...