Telco

Provisions release puts RBIʼs Hungarian business in black

Raiffeisen Bank International (RBI) booked a €19 million profit at its business in Hungary last year, a big improvement over...

Telco

BUX closes just over breakeven mark

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 0.02% at 25,613.81 as two of its...

Telco

Fornetti to deliver bakery to Germany in weeks

Hungarian bakery business Fornetti, which was acquired by Swiss peer Aryzta last year, expects to launch its first deliveries to...

Telco

MNB: Banking sector liquidity grows in February

The forint liquidity of Hungaryʼs banking sector rose in February from the previous month, as was witnessed in a drop...

Telco

Hungary sets aside HUF 103 bln for prison expansion

The Hungarian government allocated HUF 103 billion to create more space in the countryʼs overcrowded prisons, according to a resolution...

Telco

Easter sweets sales could jump

Sales of Easter sweets are expected to jump this year during the upcoming festive season after last year’s dip, Anna...

Telco

BUX drops with Europe, ECB boost only temporary

The Budapest Stock Exchangeʼs main BUX index finished down 0.36% at 25,254.65 on Thursday, as measures announced by the European...

Telco

MNB: Voluntary pension fund membership continues to decline

Hungaryʼs voluntary pension fund membership edged down about 2% to 1,150,000 last year, according to the latest data on the...

Telco

MNB: Households and financial corporations increase securities holdings in January

Households and financial corporations increased their securities holdings in January by HUF 106 billion and HUF 565 bln, respectively, fresh...

Telco

Master Good net revenue climbs 20% in 2014

Hungarian poultry processor Master Goodʼs net revenue rose about 20% to HUF 43 bln last year, owner László Bárány told...

Telco

BUX advances with European peers

The Budapest Stock Exchangeʼs main BUX index finished up 0.36% at 25,345.77 on Wednesday after gaining 1.38% on Tuesday. After...

Telco

ÁKK: Forint retail government securities stock rises HUF 260 bln in February

Net sales of forint denominated government securities targeted at retail investors came to HUF 260.1 billion in February, bringing total...

Telco

Master Good awarded HUF 3.6 bln government investment grant

The Hungarian government is awarding poultry company Master Good a HUF 3.6 billion grant to support a HUF 8.9 bln...

Telco

BUX up as OTP trades at multi-year high

The Budapest Stock Exchangeʼs main BUX index finished up 1.38% at 25,255.40 on Tuesday after gaining 0.71% on Monday....

Telco

Venture capital, private equity investments in Hungary reach HUF 31.8 bln in 2015

Venture capital and private equity investments in Hungary fell 58% to HUF 31.8 billion last year, the Hungarian Private Equity...

Telco

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...

Telco

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...

Telco

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...

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

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...

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

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...

Telco

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...

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

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...

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...