Telco

Telco

Hungaryʼs GDP contracts for first time in four years

Hungaryʼs growth hit negative numbers for the first time in four years, shrinking 0.8% in the first quarter after growing...

Telco

BUX loses more than 1%

The Budapest Stock Exchangeʼs main BUX index fell 1.10% to 26,556.35 on Friday, dragged down by OTP Bank, which published...

Telco

ÁKK: Forint retail government securities stock rises HUF 183 bln in April

Net sales of forint denominated government securities targeted at retail investors came to HUF 183 billion, bringing the total stock...

Telco

FHB bank losses narrow in Q1

FHB Bankʼs first-quarter loss narrowed to HUF 1.3 billion from HUF 3.8 bln in the same period a year earlier,...

Telco

BUX edges up as Western European peers fall

The Budapest Stock Exchangeʼs main BUX index finished up 0.02% at 26,850.53 Thursday after losing 0.20% on Wednesday....

Telco

Rába profit plunges as vehicle business sales slow in Q1

Hungarian automotive industry company Rábaʼs first-quarter after-tax profit plunged 84% year-on-year to HUF 110 million, hit by a big drop...

Telco

Raiffeisen Hungary books €10 mln profit in Q1

The Hungarian subsidiary of Austriaʼs Raiffeisen Bank International (RBI) booked a €10 million profit at its business in the country...

Telco

BMW, Mini sales lift Wallis Motor Pest performance

Last year car dealership Wallis Motor Pest Kft. saw a record number of sales, chiefly lifted by BMW and Mini...

Telco

BUX falls with European peers

The Budapest Stock Exchangeʼs main BUX index finished down 0.20% at 26,845.23 on Wednesday as three of the four blue...

Telco

MNB to pay dividend following improved forecast, lower risks

The board of the National Bank of Hungary (MNB) decided to pay a HUF 50 billion dividend into the budget...

Telco

BUX finishes up after late rally

The Budapest Stock Exchangeʼs main BUX index finished up 1.04% at 26,899.84 Tuesday after gaining 1.89% on Monday....

Telco

OTP buys HUF 1.8 bln of treasury shares on bourse

OTP Bank bought approximately HUF 1.8 billion in treasury shares on the Budapest Stock Exchange yesterday, the lender said in...

Telco

Norbi Update shares could be delisted

Shareholders of Norbi Update, the Hungarian lifestyle and nutrition franchise company, could vote to delist the firm’s shares during an...

Telco

Fiscal Council plans bill to raise 2016 spending, revenue by HUF 401 bln

The Fiscal Council yesterday said it has “no fundamental objections” to a draft amendment that would raise both the expenditure...

Telco

KSH: Hungaryʼs PPI down 1.6% in March

Industrial producer prices fell 1.6% on average in March as compared to the same month a year earlier, with domestic...

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...