Telco

Telco

Personal gross income rises 4.8% in 2015, says KSH

Annual personal gross income averaged HUF 1.44 million in 2015 in Hungary, up by 4.8% compared to 2014, a summary...

Telco

Banksʼ retail lending up in October, MNB says

The retail lending stock of Hungarian banks rose in October from the previous month, mainly reflecting loans to sole proprietors,...

Telco

Cserpes invests HUF 40 mln in Budapest

Hungarian dairy producer Cserpes has announced it will open three new outlets in Budapest selling sandwiches and bakery products as...

Telco

Hungarian banksʼ corporate lending down in October

After rises in the previous two months, the corporate lending stock of Hungarian banks was down in October from September...

Telco

Zrínyi print firm buys peer Ipress

Zrínyi Nyomda, the Hungarian subsidiary of Germany-based printing firm Euro-Druckservice (EDS), acquired its Hungarian peer Ipress Center Central Europe on...

Telco

Gov’t allows spending of HUF 192.5 bln in 2015 budget residuals

Hungary’s government has authorized the spending of HUF 192.5 billion of residual budget funds, earmarked but unspent from the 2015...

Telco

MNB unhappy about BUBOR pace, Nomura says

Commenting on the surprise cut the overnight lending and one week collateralized lending facilities to 0.90%, London-based analysts of Japanese...

Telco

CLH opens HUF 845 mln plant

Cooling and climate control company CLH inaugurated a HUF 845 mln plant in the Csongrád Environmental Protection Industrial Park, in...

Telco

Becton Dickinson prepares HUF 34 bln investment

U.S.-based medical tech manufacturer Becton Dickinson is expanding its syringe plant in Hungary’s Tatabánya through an investment of HUF 34...

Telco

MNB accepts HUF 400 bln 3M deposits, below pre-set cap

The National Bank of Hungary (MNB) accepted HUF 400 billion placements in its three-month deposits for banks at a tender...

Telco

Protest accompanies Falco investment inauguration

Tuesdayʼs inauguration of a new HUF 6.2 billion laminating plant of Hungarian wood-based panel producer Falco in Szombathely was greeted...

Telco

Garantiqa surety stock reaches HUF 433.5 bln in Q1-Q3

Surety stock of Garantiqa Hitelgarancia rose to HUF 433.5 billion in the first three quarters of the year, higher than...

Telco

Lower risk costs continue to support banking sector profitability

Hungarian banksʼ combined after-tax profit in the first three quarters of 2016 almost tripled year-on-year from HUF 141.6 billion to...

Telco

CIG Pannónia premium revenue up almost 7% in Q1-Q3

Gross revenue from premiums of Hungaryʼs CIG Pannónia Life Insurance rose almost 7% year-on-year to HUF 13.2 billion in Q1-Q3,...

Telco

Hungaryʼs real wages up 7.6% in Jan-Sept

Real wages in Hungary were up 7.6% in the January-September period, as compared to the corresponding period of 2015, alongside...

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...