Telco

Telco

Institute: Fiscal loosening could bring growth close to target this year

Fiscal loosening could lift GDP growth close to the governmentʼs 2.5% target this year, according to the Fiscal Responsibility Council...

Telco

MNBʼs foundations said to invest in real estate

The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and...

Telco

Gyermelyi opens HUF 1.6 bln center for crop cultivation

Hungarian pasta company Gyermelyi opened a new crop cultivation center in Szomor today with an investment of HUF 1.6 billion,...

Telco

BUX rebounds with other European indices

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 1.89% at 26,318.09, rebounding with other European...

Telco

Mondi to invest HUF 13 bln at base in Hungary

British paper and packaging company Mondi will invest HUF 13 billion at its facility in Békéscsaba and create 220 new...

Telco

BUX recovers from early loss to finish day unchanged

The Budapest Stock Exchangeʼs main BUX index was unchanged at 25,831.00 Tuesday after losing 2.60% on Monday....

Telco

Retail government securities stock climbs HUF 175 bln in May

Outstanding stock of Hungarian government securities targeted at retail investors rose by HUF 174.7 billion in May, the Hungarian Government...

Telco

BUX down, falls behind Western European peers

The Budapest Stock Exchangeʼs main BUX index finished down 2.60% at 25,830.59 Monday after losing 1.69% on Friday....

Telco

HungaroControl assists 11.6% more planes in Hungarian airspace

The number of aircraft assisted by HungaroControl, Hungary’s air traffic control firm, in the country’s airspace was up by 11.6%...

Telco

MNB: Banking sector liquidity falls in May

Hungarian banksʼ average holdings of three-month deposits, the main instrument used by the National Bank of Hungary (MNB) to control...

Telco

Parliament OKs 2017 budget, modifies budget for this year

The Hungarian Parliament today approved the budget bill for 2017 and modified the budget act for this year, according to...

Telco

Fiscal Council clears 2017 budget bill, 2016 budget amendments

The Fiscal Council has cleared the 2017 budget bill as well as amendments to this yearʼs budget for final votes...

Telco

Hungarian government plans to raise doctorsʼ pay by 27% this year, 12% next year

Base salaries of Hungarian physicians and pharmacists will rise by 26.5%, on average, this year and by an additional 12%...

Telco

Tesco tops FMCG sellers list, surpasses local chains

The local unit of U.K.ʼs Tesco supermarket chain topped Trade magazineʼs list of the biggest sellers of fast-moving consumer goods...

Telco

Auchan Magyarország revenue up 3.6% last year

French-owned Auchan Magyarország had revenue of HUF 337.6 billion at its Hungarian supermarkets and filling stations in the financial year...

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...