Telco

Telco

Zalaegerszeg test track could be operational by 2017-18

The first, smaller self-driving car test track the government plans to build in Zalaegerszeg could be operational by 2017-18, with...

Telco

Delta-Tech starts building R&D center in Győr

Hungary-based engineering design and manufacturing company Delta-Tech is investing HUF 713 million in a research and development center in Győr,...

Telco

Equilor augurs further consolidation of investment firms

Independent Hungarian investment company Equilor expects further consolidation among its peers as they attempt to achieve economies of scale, CEO...

Telco

Six of Hungaryʼs ten biggest banks profitable in 2015

Hungaryʼs ten biggest banks, based on total assets, racked up a combined HUF 10.7 billion loss last year as six...

Telco

Hungary sees ‘severe’ cleaning staff shortage

Cleaning firms operating in Hungary have seen a severe labor shortage in the sector recently, Zoltán Paár, the head of...

Telco

Banking sector liquidity continues to fall in August

Forint liquidity of Hungaryʼs banking sector fell in August from a month earlier, the National Bank of Hungary (MNB) said...

Telco

Expanded markets, product palette lift Pick revenues

Hungarian sausage maker Pick Szegedʼs revenues rose about 10% to HUF 74 billion last year as the company expanded its...

Telco

KSH: Hungary’s trade surplus grows in July

Hungary’s surplus in trade was up by €24 million to €662 mln in July, compared to the same month a...

Telco

General government deficit slashed in year to August

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 274 billion in the first eight months of 2016,...

Telco

Big financial loss puts PannErgy deeper in red

Geothermal energy company PannErgyʼs first-half losses increased to HUF 252 million from HUF 58 mln in the corresponding period of...

Telco

Trading House continues to pile up losses

Since its founding at the end of 2012 to promote eastward expansion of trade, state-owned Hungarian National Trading House Zrt....

Telco

Márka plans own factory, eyes Balkan conquest

An emblematic Hungarian soft drink brand with a long history is mulling expansion into the Balkans, online portal napi.hu reported...

Telco

Balaton lags in ‘economic strength’

While the Balaton Region is perceived by many as one of the economically most developed parts of the country, data...

Telco

KSH confirms retail trade up more than 5% in June and H1

A second reading of data confirmed that, in June, the volume of sales in retail shops, according to both raw...

Telco

Central bank report shows profits returning to bank sector

Bouncing back from last year, when lenders blamed losses on high sectoral taxes and a new law forcing them to...

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...