Telco

Telco

MNB allots HUF 250 bln in EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted a combined HUF 250 billion of one, three, six and twelve-month forint swaps...

Telco

General govʼt runs HUF 816.8 bln deficit at end of July

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 816.82 billion deficit at the end of July, preliminary...

Telco

Zwack profit falls on higher payroll, marketing costs

After-tax profit of Zwack Unicum, Hungaryʼs best-known spirits maker, fell 21% year-on-year to HUF 422 million in the first quarter...

Telco

MOL profit climbs 12% in second quarter

Second-quarter net income of Hungarian oil and gas company MOL rose 12% year-on-year to HUF 88.8 billion, an earnings report...

Telco

MTel Q2 profit edges up to HUF 10.9 bln

Magyar Telekomʼs second-quarter after-tax profit edged up 2% year-on-year to HUF 10.9 billion, lifted by lower taxes, an earnings report...

Telco

HUF 9 bln in support for Vojvodina economic development

An economic development program for Vojvodina targets the farm and tourism sectors as well as SME developments, aiming to reverse...

Telco

Banksʼ corporate lending stock slightly down in June

The corporate lending stock of Hungarian banks edged down in June from the previous month, fresh data from the National...

Telco

Retail lending stock of banks edges up in June

The retail lending stock of Hungarian banks was up in June compared to the previous month, fresh data from the...

Telco

MNB allots HUF 100 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion of one and three-month forint swaps against euros at a...

Telco

Magyar Telekom exits retail energy market

Magyar Telekom has announced its withdrawal from the retail electricity market, effective November 1, 2017, according to state news wire...

Telco

Hungary’s vehicle gas sales increase 3% in H1

Vehicle gas sales in Hungary were up by more than 3% in the first half of the year, compared to...

Telco

Richter Q2 profit falls on financial loss

Hungarian drugmaker Gedeon Richterʼs second-quarter net income fell 52% year-on-year to HUF 8.4 billion on a big financial loss, an...

Telco

Velux Magyarország revenue climbs 5% in 2016

Revenue of the Hungarian unit of Danish window maker Velux rose 5% to HUF 36.2 billion last year, Velux Magyarország...

Telco

Videoton Holding revenue grew 8% in H1

Hungarian-owned electronic manufacturing service provider Videoton Holdingʼs revenue grew by 8% in the first half of the year compared to...

Telco

MNB allots HUF 150 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 150 billion of one- and 12-month forint swaps against euros at a...

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...