Telco

Telco

Hell Energy starts HUF 2.5 bln production line

Energy drink maker Hell Energy Magyarország launched operations of a new HUF 2.5 billion production line at its base in...

Telco

BUX gains 2.7%, outpacing peers

 The Budapest Stock Exchangeʼs main BUX index finished the session on Friday up 2.69% at 26,434.48, outpacing gains on bourses...

Telco

KSH: Hungary’s average gross earnings reach HUF 253,800

Average gross earnings for the period of January to March were up 6.0% compared to the same period of the...

Telco

Mayor: Renovation set for Chain Bridge, Blaha Lujza tér, cogwheel railway

Budapest Mayor István Tarlos yesterday discussed plans to renovate the Chain Bridge (Lánchíd) and the busy junction of Blaha Lujza...

Telco

BUX tracks Western European peers lower

The Budapest Stock Exchangeʼs main BUX index finished down 1.09% at 25,742.85 Thursday after losing 0.84% on Wednesday....

Telco

MFB lending stock reaches HUF 723 bln

Lending of stock of state-owned Hungarian Development Bank (MFB) reached HUF 723 billion in 2015, up 16% from the previous...

Telco

Audi Hungaria revenues up 12% to HUF 2.6 trillion in 2015

Audi Hungaria Motor Kft.’s net revenues were up 12% last year reaching HUF 2.609 trillion, while the firm received state...

Telco

ELMŰ, ÉMÁSZ profits climbed to HUF 4.3 bln in Q1

Combined after-tax profit from continuing activities of regional electricity distributors ELMŰ and ÉMÁSZ, both majority-owned by Germanyʼs RWE-EnBW, came to...

Telco

Gov’t to reallocate HUF 2.7 bln from National Protection Fund

The government will reallocate more than HUF 2.7 billion from the National Protection Fund under a decree published in the...

Telco

BUX finishes down following early morning gains

The Budapest Stock Exchangeʼs main BUX index finished down 1.16% at 26,247.31 Tuesday after losing 1.10% on Friday....

Telco

Velux Hungary’s revenue up 11% last year

The Hungarian subsidiary of Danish window manufacturer Velux saw revenues rise by 11% last year, as compared to the previous...

Telco

Hungary’s net external financing capacity €1.97 bln in Q1

Hungaryʼs net external financing capacity, calculated as the sum of current and capital accounts, reached €1.97 billion in the first...

Telco

MNB: Households save net 6.1% of GDP in four quarters to Q1

Net household financial savings reached HUF 2.070 trillion, or 6.1% of GDP, in the twelve months leading up to the...

Telco

Hungary’s state debt grows to 76.9% of GDP in Q1

Hungaryʼs state debt, calculated according to Maastricht rules, grew to 76.9% of GDP at the end of March, from 75.3%...

Telco

Higher revenue, improved margin lift ANY profits 63% in Q1

First-quarter net income of ANY Security Printing Company rose 63% year-on-year to HUF 389 million, lifted by higher revenue, an...

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...