Telco

Telco

Richter board proposes HUF 106-per-share dividend

The board of Hungarian drugmaker Gedeon Richter will propose to shareholders payment of a HUF 106-per-share dividend on last yearʼs...

Telco

Rába board proposes HUF 20-per-share dividend

The board of automotive company Rába will propose to shareholders payment of a HUF 20-per-share dividend on last yearʼs earnings...

Telco

MOL board to propose 8-for-1 stock split to shareholders

The board of Hungarian oil and gas company MOL will propose an eight-for-one stock split to shareholders at an annual...

Telco

General gov’t runs HUF 180.4 bln surplus at end of Feb

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 180.4 billion surplus at the end of February, the...

Telco

Raiffeisen Bank profit doubles on lower risk, operating costs

Raiffeisen Bankʼs after-tax profit doubled to HUF 15.7 billion last year on lower risk and operating costs, CEO Heinz Wiedner...

Telco

Kovács Vegyesipari launches HUF 600 mln capacity expansion

Hungarian-owned automotive industry supplier Kovács Vegyesipari launched a more than HUF 600 million investment on Friday that will add farm...

Telco

Gyulahús decides to boost Asian meat exports

Gyula local council-owned meat firm Gyulahús has decided to take steps in order to boost its exports to the Far...

Telco

MOL board proposes HUF 625/share dividend

The board of Hungarian oil and gas company MOL will propose to shareholders payment of a HUF 625-per-share dividend on...

Telco

CIB profit reaches HUF 12 bln in 2016 on provisions release

Italian-owned CIB Bank had net profit of HUF 12 billion last year, improving over a HUF 40.2 bln loss in...

Telco

Opticon to start HUF 1.3 bln internet upgrade in three cities

Opticon, which provides internet, telephone and television services, could start a HUF 1.3 billion upgrade of internet networks in Kecskemét,...

Telco

Net sales of retail gov’t securities hit HUF 339 bln in February

Net sales of forint denominated government securities targeted at retail investors came to HUF 339 billion in February, bringing the...

Telco

Businesses tap HUF 565 bln in phase III FGS credit

Almost 12,700 Hungarian microbusinesses and SMEs have tapped about HUF 565 billion in cheap credit available in the third and...

Telco

Gov’t says EC approval process may have upped costs of Paks 2

Almost HUF 100 billion is allocated in this yearʼs budget to prepare for the upgrade of the Paks Nuclear Power...

Telco

General gov’t runs HUF 180.4 bln surplus at end of February

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 180.4 billion surplus at the end of February, preliminary...

Telco

Higher revenue, wider margin lift ANY profit 31%

After-tax profit of ANY Security Printing Company climbed 31% to HUF 1.6 billion last year as revenues rose and margins...

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...