Telco

Telco

General govʼt runs HUF 911.2 bln deficit at end of June

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 911.2 billion deficit at the end of June, preliminary...

Telco

Outlays lift retail lending stock more than HUF 35 bln in May

Hungarian banksʼ outlays lifted the forint retail lending stock by HUF 35.6 billion in May, monthly data released by the...

Telco

Hell Energy inaugurates HUF 30 bln canning plant

Quality Pack, a unit of soft drink maker Hell Energy, inaugurated a HUF 30 billion canning plant in Szikszó (northeast...

Telco

MNB allots HUF 200 bln at EUR/HUF swap tenders

The National Bank of Hungary (MNB) allotted HUF 100 billion (EUR 324 mln) of one-month forint swaps against euros and...

Telco

BSE turnover down in June

Share turnover on the Budapest Stock Exchange reached HUF 237.6 billion in June, down from HUF 255.7 bln in May,...

Telco

Surplus equal to 2.0% of GDP in Q1

According to a first release of preliminary data, the general government sector had a surplus of HUF 178.3 billion in...

Telco

Hot and Cold Therm opens HUF 225 mln training workshop

Hungarian building installation company Hot and Cold Therm inaugurated a HUF 225 million training workshop at its base in Tiszalök...

Telco

Sanatmetal completes HUF 500 mln production upgrade

Hungaryʼs Sanatmetal Kft., which makes trauma implants and joint replacement prostheses, has completed a more than HUF 500 million production...

Telco

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

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

Telco

MNB accepts HUF 275 bln offers to reduce 3m depo stock, as planned

The National Bank of Hungary (MNB) accepted HUF 275 billion placements in its three-month deposits for banks at a tender...

Telco

EGLO inaugurates HUF 4 bln investment in northern Hungary

Electric light source manufacturer EGLO Magyarország inaugurated a 14,000 square-meter production hall and a 5,600 sqm automated warehouse in Pásztó,...

Telco

General gov’t runs HUF 213.4 bln deficit at end of May

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 213.4 billion deficit at the end of May, the...

Telco

Real wages in Hungary up 9.2% in Jan-April

Along with a 2.5% rise in consumer prices compared to the corresponding period of the previous year, real earnings in...

Telco

MNB caps 3M depo at HUF 300 bln, holds base rate

The Monetary Council of the National Bank of Hungary (MNB) set a HUF 300 billion limit on the stock of...

Telco

Investment fund assets up 0.7% in May, says BAMOSZ

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

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...