Telco

Telco

Banks finance three-month deposits with MNB credit

Hungarian banks financed a “significant part” of their purchases of three-month deposits at the National Bank of Hungary (MNB) using...

Telco

Government to buy back stud farm privatized in 2004

The Hungarian government has decided to purchase the Mezőhegyes Stud Farm, and has allocated HUF 2.1 billion for the deal,...

Telco

MNB introduces unconventional tools to fine-tune liquidity

The National Bank of Hungary (MNB) will introduce two unconventional monetary policy tools to fine-tune banking sector liquidity as it...

Telco

VT Metal inaugurates new painting plant

Metalworking company VT Metal has inaugurated a new HUF 777 million KTL (catophoretic) painting and surface treatment plant, Hungarian news...

Telco

Hantech boosts capacity via HUF 350 mln expansion

Hungarian agricultural machinery producer Hantech inaugurated a HUF 350 million expansion at its base in Csorna Wednesday, according to reports....

Telco

Trans-Sped expands via acquisition, logistic deal

Hungarian logistic group Trans-Sped, based in Debrecen, acquired forwarding company Trint, based in Tatabánya, for HUF 3.5 billion as part...

Telco

Businesses use HUF 231.8 bln of phase III FGS credit

So far this year, some 6,890 Hungarian micro-businesses and SMEs have tapped about HUF 231.8 billion in cheap credit available...

Telco

Budapest bourse turnover up in September

Share turnover on the Budapest Stock Exchange (BSE) reached HUF 166 billion in September, up slightly from HUF 158 bln...

Telco

MFB total assets edge down 3% in H1

Total assets of the state-owned Hungarian Development Bank (MFB) stood at HUF 1.275 trillion at the end of June, down...

Telco

State debt reaches 75.6% of GDP at end of Q2

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 75.6% of GDP at the end of June, down from...

Telco

Hungary’s deficit at 0.7% of GDP in first half

Hungary’s general government deficit in the first half of 2016 came to HUF 122.8 billion, which is 0.7% of GDP...

Telco

New excise tax rules to lift vehicle fuel prices

Wholesale vehicle fuel prices in Hungary will rise about HUF 6-13 per liter from tomorrow (Saturday), when new rules on...

Telco

Corporate lending of Hungarian banks up in August, says MNB

The corporate lending stock of Hungarian banks was up in August from the previous month as companies were net borrowers,...

Telco

Poultry processor invests HUF 878 mln

Family-owned company Master Good has carried out developments at its poultry processing plants in Kisvárda and Petneháza in northeast Hungary...

Telco

Hungarian Leasing Association joins Europe-wide federation

The Hungarian Leasing Association (HLA) has joined Leaseurope, the European Federation of Leasing Company Associations, the domestic body announced today,...

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...