Telco

Telco

Saga Foods to spend HUF 600 mln on developments this year

Sága Foods, the Hungarian unit of British turkey processing company the Bernard Matthews group, plans to spend HUF 600 million...

Telco

Favorable financing environment lifts farm investments

Hungarian farmersʼ investments rose sharply, albeit from a low base, in the first quarter, lifted by low interest rates and...

Telco

Parliament approves 2018 budget

Hungarian lawmakers approved the 2018 budget yesterday, on the last day of the spring session, with 127 MPs voting in...

Telco

Parliament approves raises to 2017 budget expenditure, revenue

Parliament yesterday voted to raise the revenue and expenditure targets of the 2017 budget by HUF 436.4 billion, according to...

Telco

Net sales of retail gov’t securities reach HUF 56 bln in May

Net sales of forint government securities targeted at retail investors came to just under HUF 56 billion in May, the...

Telco

MNB to hold LIRS tender on July 6

The National Bank of Hungary (MNB) said today it will hold a tender for interest rate swaps conditional on lending...

Telco

Banking sector liquidity falls in May, says MNB

Forint liquidity of Hungaryʼs banking sector fell in May from a month earlier, the National Bank of Hungary (MNB) said...

Telco

MNB allots HUF 200 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 200 billion of one-month forint swaps against euros at a tender on...

Telco

Government spent HUF 4.2 bln on anti-Brussels campaign

The Hungarian government spent slightly more than HUF 4.2 billion on its recent “Let’s stop Brussels!” campaign, which the government...

Telco

Hungarian securities’ market value rose in April, says MNB

The amount of outstanding equity and debt securities was HUF 43.248 trillion at market value at the end of April,...

Telco

New IKEA store opens next week

The third Hungarian store of multinational home furnishings giant IKEA opens on June 14 in Soroksár in the capitalʼs District...

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, preliminary...

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

Lawmakers raise 2018 budget spending by over HUF 125 bln

Parliamentʼs budget committee finalised more than HUF 125 billion in additional expenditures, balanced out by extra revenue and trimmed spending...

Telco

Hungarian baths’ revenues up 3% last year

The revenues of all baths and spas operating in Hungary rose by 3% last year and reached HUF 144 billion,...

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...