Telco

Telco

General govʼt deficit at 70% of annual target by end of July, ministry confirms

Hungaryʼs cash flow-based general government, excluding local councils, ran a deficit of HUF 816.82 billion in the first seven months...

Telco

ANY H1 profit edges down to HUF 536 mln

First-half net income of the bourse-listed ANY Security Printing Company edged down 2% compared to the same period a year...

Telco

More cycle paths to be completed this year

Hungaryʼs government and the National Infrastructure Development Company (NIF) have signed contracts this summer worth more than HUF 600 million...

Telco

FHB Q2 loss narrows

FHB Mortgage Bank booked a consolidated second-quarter loss of HUF 121 million, improving over a HUF 268 mln loss in...

Telco

Developers to invest in new skiing facilities

A new ski slope will start operating at Eplény, a little more than a hundred kilometers west of Budapest. Developer...

Telco

Assets of investment funds down 0.3% in July

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

Telco

Museum of Applied Arts upgrade cleared for 2017-2021

Hungaryʼs government has cleared a plan for the reconstruction of the north wing of Budapestʼs Museum of Applied Arts and...

Telco

Hungary earmarks funds to expand road to Bratislava

Hungaryʼs government has allocated gross HUF 26.7 billion for the expansion of a road connecting the M1 motorway with the...

Telco

Gloster upgrades technology with HUF 1.3 bln investment

Hungarian fruit and vegetable preserves producer Gloster has completed a HUF 1.3 billion technology upgrade at its factory in Máriapócs...

Telco

Banking sector liquidity up in July, says MNB

Forint liquidity of Hungaryʼs banking sector rose in July from a month earlier, which was mainly reflected in an increase...

Telco

OTP second-quarter after-tax profit up 12%

OTP Bank is looking at additional acquisitions as it looks to expand in countries in which it is already present....

Telco

Lower profit, expanding lending at CIB Bank

The first-half earnings report of Italian-owned CIB Bank shows net profit of HUF 9.5 billion. This is lower than the...

Telco

Net sales of retail govʼt securities reach HUF 143 bln in July

Net sales of forint-denominated government securities targeted at retail investors came to HUF 143 billion in July, bringing the total...

Telco

Voluntary pension fund assets rise to HUF 1,214 bln

Assets of members of Hungaryʼs National Association of Voluntary Funds (ÖPOSZ) reached HUF 1,214 billion at the end of June,...

Telco

Apartment rental market booming in Hungary

The number of apartments for rent has significantly grown in Hungary during the last two weeks. In Budapest, the offer...

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...