Telco

Telco

Opera House refit to cost HUF 23.2 bln

Hungaryʼs government has made a decision to allocate HUF 23.2 billion for the renovation of the Hungarian State Opera House...

Telco

SZTA injects HUF 60 mln into mobile app startup

The Széchenyi Capital Investment Fund (SZTA), a venture capital fund established by the state to support SMEs, has injected HUF...

Telco

Masterplast H1 profit falls on financial loss

Hungarian building materials maker Masterplastʼs first-half net income fell 18% year-on-year to €1,428,000, dropping on a financial loss, an earnings...

Telco

CIG Pannónia increases premium revenues

Revenue from premiums at Hungarian insurer CIG Pannónia rose 6% to HUF 8.42 bln in the first half compared to...

Telco

Ministry: July government deficit lowest in 15 years

Hungaryʼs cash flow-based general government deficit, excluding local councils, reached HUF 464.8 billion at the end of July, the lowest...

Telco

MTel speeds 4G mobile net around Balaton

The speed of Magyar Telekomʼs 4G mobile internet will actually double in eight small towns and villages around Hungary’s Lake...

Telco

Favorable developments lift Erste Hungary’s bottom line

Erste Bank Hungary said "favorable impairment and risk provision developments" led to a first-half net income of HUF 31.6 bln,...

Telco

FHB H1 loss narrows on provisions release

FHB Mortgage Bank booked a first-half loss of HUF 1.5 bln, down from HUF 5.3 bln in the base period...

Telco

Foxpost acquires peer Webox Hungary

Automated parcel terminal operator, Foxpost, has acquired 100% of Hungarian peer Webox Hungary, Foxpost announced yesterday, without disclosing the transaction...

Telco

Lower provisioning lifts Raiffeisen profit

After-tax profit of Raiffeisen Bank Internationalʼs business in Hungary came to €28 million in the first half, improving from a...

Telco

BAMOSZ: Investment fund assets rise 0.8% in July

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

Telco

Higher c/a surplus offsets drop in EU transfers in Q2

EU capital transfers to Hungary fell by almost €1.2 billion in the second quarter from the corresponding period of 2015,...

Telco

Hungaryʼs state debt 75.5% of GDP in June

Hungaryʼs state debt, calculated according to Maastricht rules, stood at 75.5% of GDP at the end of June, down from...

Telco

Current account surplus up €238 mln in Q2

Hungaryʼs current account surplus in the second quarter of the year was a combined €1.97 bln, compared to a €1.74...

Telco

ANY H1 profit up 37% on rising revenues

First-half net income of Hungarian security printing company ANY Biztonsági Nyomda rose 37% year-on-year to HUF 891 million on higher...

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...