Telco

Telco

Investment funds assets up 0.36% in November, says BAMOSZ

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

Telco

Hungary’s real earnings up 7.4% in Jan-Oct

Hungary’s real earnings were up by 7.4% in January-October, as compared to the same period the previous year, along with...

Telco

MNB sets tight limit to 3M depos at tomorrowʼs tender

The National Bank of Hungary (MNB) has set a HUF 400 billion limit on the volume of three-month deposits available...

Telco

Government reshuffles 2016 budget chapters

The government has decided to reshuffle HUF 306.9 billion in spending appropriations among the various chapters of the 2016 Budget...

Telco

Govʼt reallocates HUF 18.5 bln for industrial parks

The government is reallocating HUF 18.5 billion of budget funds to various industrial parks as part of its "Modern Cities"...

Telco

Net sales of retail gov’t securities HUF 93.6 bln in November

Net sales of forint-denominated government securities targeted at retail investors came to HUF 93.6 billion in November, bringing the total...

Telco

Graboplast to build HUF 2 bln flooring plant next year

Hungarian specialized flooring maker Graboplast will build a HUF 2 billion plant at its base in Győr next year, Chairman-CEO...

Telco

Banking sector liquidity falls in November as 3M depos drop

The forint liquidity of Hungaryʼs banking sector fell in November from a month earlier as the average stock of banksʼ...

Telco

Bakony Group invests HUF 760 mln in capacity expansion

Industrial ceramics maker Bakony Group is undertaking a HUF 760 million expansion at its base in Veszprém, Hungarian news agency...

Telco

Gov’t clears spending overshoots for management of migration

Hungary’s government has cleared possible overshoots of the allocations for “managing mass migration” in this and next year’s budgets, a...

Telco

Gov’t commissioner buys weekly Figyelő

Historian and government commissioner Mária Schmidt has purchased Hungarian independent weekly Figyelő, the official said in an interview with news...

Telco

Road toll charges to remain unchanged next year

Road toll charges and public transport fees will remain unchanged next year, the Ministry of National Development told Hungarian news...

Telco

Holidays to boost Nestlé Hungary’s output

A total of 60 million holiday-themed chocolates could be turned out by the Hungarian plant of Nestlé in Diósgyőr, the...

Telco

Mohács port construction put on delay

The southern Hungarian city of Mohács, on the river Danube, is planning to finish construction of a HUF 5 billion...

Telco

Govʼt to cut transaction duty for banks if lending increases

The Hungarian government is willing to cut the transaction duty if the volume of banksʼ corporate loans increases by at...

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...