Telco

Telco

Fastron Hungária revenues climb almost 10%

Revenues of Fastron Hungária, a domestic manufacturer of inductive components and precision sheet metal products, rose by almost 10% to...

Telco

New IKEA store to open in June in District 23

Hungary’s newest IKEA store - its third in the country - will open at 9 a.m. on June 14 in...

Telco

Corecomm SI adds solar panels to product palette

Energy firm Corecomm SI has added solar panels to its product palette with a HUF 500 million investment at its...

Telco

General gov’t deficit at 17% of full-year target in Q1

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 198.1 bln deficit by the end of March, the...

Telco

Hungary’s gross, net wages up 10.7% in February

Both gross and net earnings grew by 10.7% in February compared to the same month a year earlier, according to...

Telco

San Benedetto Hungary eyes HUF 3 bln capacity expansion

Hungarian mineral water producer Magyarvíz, the 100%-owned unit of Italyʼs San Benedetto, plans to spend HUF 3 billion on expanding...

Telco

Kecskemét canning firm eyes increasing production, staff

Hungarian canning firm Kecskeméti Konzerv is planning to spend HUF 1.89 billion on increasing production capacity, according to reports. The...

Telco

Rába AGM approves HUF 20 per-share dividend

Shareholders of automotive industry company Rába approved the boardʼs proposal to pay a HUF 20 per-share dividend on last yearʼs...

Telco

MOL AGM approves HUF 625 per-share dividend

Shareholders of MOL approved the boardʼs proposal to pay HUF 58 billion in dividends on 2016 results at the Hungarian...

Telco

Net sales of retail govʼt securities reach HUF 59.8 bln in March

Net sales of forint-denominated government securities targeted at retail investors came to HUF 59.8 billion in March, bringing the total...

Telco

OTP AGM approves HUF 190 per-share dividend

Shareholders of Hungarian bank OTP approved the boardʼs proposal to pay a dividend of HUF 190 per share on last...

Telco

BP SSC starts operations in Szeged

The new shared services center (SSC) of British multinational oil and gas company BP started initial operations in Szeged on...

Telco

Gov’t clears procurement of MÁV-built IC+ carriages

The Hungarian government has cleared the passenger unit of state-owned railway company MÁV to procure HUF 45.4 billion of IC+...

Telco

Hunent to build HUF 12 bln waterfowl processing plant

Hungarian waterfowl processing company Hunent will build a HUF 12.5 bln duck processing plant through a greenfield investment in Mélykút,...

Telco

Groupama Biztosító premium revenues up 4% in 2016

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama...

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...