Telco

Telco

Hungarian development bank MFB renames fund manager

Hungarian state-owned development bank MFB is renaming its venture capital fund manager to Hiventures from the former Corvinus name, according...

Telco

Intersnack Hungary buying 15,000 tons of local wheat

German-owned snack foods maker Intersnack Hungary is buying about 15,000 tons of locally grown wheat this year, a spokesman for...

Telco

Banks place HUF 100 bln in 3-month deposits at capped tender

The National Bank of Hungary (MNB) accepted placements of HUF 100 bln in its three-month deposits for banks at a...

Telco

Over 2,600 individuals on tax authorityʼs blacklist

There were 2,671 private taxpayers and self-employed individuals owing more than HUF 10 million each in back taxes for at...

Telco

EU funding for Geodézia to model extraordinary rainfall

Land surveying company Geodézia will develop a geographic information system to model extraordinary precipitation in a HUF 919 million project...

Telco

FRIMO Hungary to develop technology with EU funding

The Hungarian subsidiary of German machine and tooling firm FRIMO is planning to invest HUF 2.1 billion in developing its...

Telco

Gov’t official puts deficit as low as 1.4% of GDP this year

Hungaryʼs general government deficit could be as low as 1.4-1.5% of GDP this year, Péter Benő Banai, state secretary for...

Telco

Insurance revenue up 6.7% in 2015, data shows

Insurance intermediaries had a total revenue of HUF 69.66 billion in 2015, up by 6.7% compared to 2014, fresh data...

Telco

Gov’t to launch HUF 5.7 bln Budapest marketing campaign

The Hungarian government has allocated HUF 5.7 billion in the budget to spend on improving the image of Budapest through...

Telco

Nine-month gen gov’t deficit reaches HUF 2.4 bln, ministry confirms

Hungary’s cash flow-based general government deficit, excluding local councils, reached HUF 2.4 billion at the end of September, the National...

Telco

NI Hungary expands plant at cost of HUF 5.5 bln

U.S.-based measurement and automation firm National Instruments is expanding production capacity at its Hungarian plant in Debrecen through an investment...

Telco

Alteo IPO sells fewer shares than planned

Hungarian energy firm Alteo sold a total of 106,672 shares through an initial public offering (IPO) that closed yesterday, the...

Telco

Investment fund assets up 0.44% in September, says BAMOSZ

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

Telco

Graboplast inaugurates expansion in Tatabánya

Hungarian flooring manufacturer Graboplast has inaugurated an expansion at its Tatabánya plant with the addition of an 850 square-meter warehouse,...

Telco

Hungarian car fuel sales up 6.3% in Jan-Sep

Hungary’s car fuel sales saw a 6.3% rise in the January-September period compared to the corresponding period of 2015, reaching...

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...