Telco

Telco

Richter AGM approves HUF 72-per-share dividend

Shareholders of Hungarian drugmaker Richter Gedeon approved the boardʼs proposal to pay a HUF 72-per-share dividend on last yearʼs earnings...

Telco

Varga submits 2017 budget bill, targets HUF 1.166 tln deficit

Hungaryʼs general government is expected to run a cashflow-based deficit of HUF 1.166 trillion next year, the 2017 budget bill,...

Telco

Hungarian wheat growers seek VAT reductions

Hungary’s association of wheat farmers and traders recommend the Hungarian government cut the value-added tax on wheat products, for both...

Telco

Bubbles eyes network of 70-100 self-service laundries

Hungarian-owned self-service laundry operator Bubbles International, plans to raise its number of units in Hungary to 70-100 in the next...

Telco

Erste Insurance premiums revenue up 4.5% last year

Erste Insurance had annual revenue from premiums of HUF 16.7 billion in 2015, up 4.5% compared to 2014, CEO-president Zsolt...

Telco

MÁV-Start calls tender for IC+ chassis

MÁV-Start has called a tender for the delivery of chassis and brake systems for InterCity carriages it developed for international...

Telco

Fiscal Council sees deficit, debt goals in 2017 budget as achievable, with some risk

The deficit and debt goals set in the governmentʼs 2017 budget draft are achievable, with some risks, the Fiscal Council...

Telco

BUX finishes down following afternoon slump

The Budapest Stock Exchangeʼs main BUX index finished down 0.67% at 27,009.95 Thursday after losing 0.29% on Wednesday....

Telco

Erste Bank Hungary manages HUF 550 bln in private banking, premium client assets

Assets managed by Erste Bank Hungaryʼs private banking and premium client business reach a total of HUF 550 billion, András...

Telco

More than 100 commercial licenses issued for drones in Hungary

The number of commercial licenses Hungaryʼs National Transport Authority (NKH) issued for the commercial use of unmanned aerial vehicles, or...

Telco

Tigáz will not pay a dividend for 2015

A general meeting of shareholders of Hungarian gas distributor Tigáz yesterday approved a proposal to pay no dividends on 2015...

Telco

MKB Bank in black after six years of losses

MKB Bank booked a consolidated profit of HUF 4.2 billion in the first quarter after six years of losses, the...

Telco

BUX edges down in subdued trading

The Budapest Stock Exchangeʼs main BUX index finished down 0.29% at 27,192.03 Wednesday after gaining 0.70% on Tuesday....

Telco

Minister: Hungarians to save HUF 59 bln on VAT rate cuts

Hungarian citizens are expected to save approximately HUF 59 billion on VAT rate cuts the Hungarian government is planning for...

Telco

ELMŰ, ÉMÁSZ shareholders approve HUF 1,200-, HUF 1,100 per share dividends

Shareholders of regional electricity distributors ELMŰ and ÉMÁSZ, both majority-owned by Germanyʼs RWE-EnBW, approved payment of HUF 1,200- and HUF...

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...