Telco

Telco

Shoemaker Szamos invests HUF 131 mln

Hungary-based shoe manufacturer Szamos Cipőipari has finished a HUF 131 mln capacity expansion investment at its factory in Csenger, Minister...

Telco

Graboplast finishes HUF 640 mln investment

Hungary-based flooring manufacturer Graboplast yesterday announced it has finished a HUF 640 million expansion at its base in Kecskemét, building...

Telco

Vehicle industry investments to lift GDP in 2016-18, says MNB

Recently announced vehicle industry developments could raise Hungaryʼs GDP by about 0.04 percentage points this year and by more than...

Telco

Alteo moves to enter Budapest bourse

Hungarian energy firm Alteo has launched an initial public offering (IPO) of its shares, with the transaction due by October...

Telco

MFB supports local startup with USD 1.2 mln injection

Corvinus Kockázati Tőkealapkezelő, the venture capital managing unit of Hungarian state-owned MFB Group, has injected venture capital of USD 1.2...

Telco

Sberbank Hungary performs above plans in Jan-Aug

The Hungarian subsidiary of Russiaʼs Sberbank performed better than expected in “several aspects” in the first eight months of the...

Telco

Ekuna finishes HUF 100 mln expansion

Ekuna, a Hungarian electronic control unit and measuring device manufacturer, has completed an investment of HUF 100 million at its...

Telco

Nitrogénművek to complete investment by mid-2017

Hungarian fertilizer manufacturer Nitrogénművek expects to complete its long-term HUF 140 billion investment project, started in 2004, at its plant...

Telco

Hungary offers HUF 2 bln funding for buying e-vehicles

The Hungarian government is offering HUF 2 billion of funding this year for the purchase of electric cars and light...

Telco

General deficit 36% of full-year target in August, ministry confirms

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 274 billion at the end of August, 36% of...

Telco

Budapest Airport adds ILS to Runway 1

Budapest Airport, the operator of Hungary’s Liszt Ferenc International Airport, yesterday completed the installation of a new Instrument Landing System...

Telco

Hungariansʼ net earnings up 6.7% y-o-y in July

Net monthly earnings in Hungary were up by 6.7% in July compared to the same month a year earlier, Hungary’s...

Telco

Report expects vehicle gas prices to rise

Taxes on vehicle gas and diesel are expected to be raised by the National Tax and Customs Administration (NAV) by...

Telco

Decathlon eyes more openings in Hungary

Sports equipment retailer Decathlon is planning to open several more stores in Hungary in the coming months, Managing Director Gábor...

Telco

MTel wins HUF 12.2 bln EU grant to back broadband development

Magyar Telekom (MTel), the Hungarian subsidiary of German telco giant Deutsche Telekom, has won a HUF 12.2 billion European Union...

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...