Telco

Telco

Retail gov’t securities sales reach full-year target by June

Net sales of forint-denominated retail government securities came to HUF 960 bln in the first half, reaching the target for...

Telco

State Treasury expects H2 gov’t securities sales of HUF 100 bln

Hungary’s State Treasury plans to sell about HUF 100 billion worth of securities designed for retail investors in the second...

Telco

Meditop inaugurates HUF 300 mln investment

Pharmaceutical company Meditop Gyógyszeripari today inaugurated a HUF 300 million investment at its plant on the outskirts of Budapest, Hungarian...

Telco

Bosch completes HUF 7 bln product development

German engineering firm Bosch wound up a HUF 7 billion project to develop products that will increase passenger safety and...

Telco

BUX rises on cue of European indices

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday up 1.45% at 27,418.06, tracking gains in the...

Telco

Offer of HUF 1.1 bln made for Pápai Hús assets

A HUF 1.1 billion offer has been made for the assets of meat company Pápai Hús, daily newspaper Népszabadság reported...

Telco

Somapak plans HUF 370 mln expansion

Hungarian-owned packaging machine maker Somapak is undertaking a HUF 370 million expansion at its base in Pécs, Hungarian news agency MTI...

Telco

Government reallocates more than HUF 30 bln from budget reserves

The Hungarian government is reallocating HUF 30.2 billion of this yearʼs budget reserves for “extraordinary government measures”, a resolution published...

Telco

KSH: Hungary’s trade surplus up €284 mln in May, y-o-y

The trade surplus of Hungary was up €284 million year-on-year in May, reaching €755 mln, according to a report by...

Telco

Masina Gepgyártó to construct 850 sqm assembly plant by year’s end

Masina Gepgyártó is building an 850 sqm assembly plant through an investment of nearly HUF 700 million by the end...

Telco

General government deficit reaches HUF 402.1 bln in H1

Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 402.1 billion in the first six months of 2016, the...

Telco

BUX ends session higher

The Budapest Stock Exchangeʼs main BUX index finished the session up 0.25% at 26,491.02 on Wednesday as major European share...

Telco

Small businesses tap HUF 125 bln of MNBʼs cheap credit

So far this year, some 4,600 Hungarian microbusinesses and SMEs have tapped about HUF 125 bln in cheap credit available...

Telco

Government budget in positive territory with record surplus

Increased tax revenues helped push Hungary’s government budget into positive territory for the first time in years, with a record...

Telco

Grupo Antolin finishes new HUF 5.7 bln plant in Kecskemét

The local unit of Spanish car interior company Grupo Antolin has completed a HUF 5.7 billion production hall at its...

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...