Central Europe / Tech

Hungarian government mulls raising subsidy for cheaper EVs

bne IntelliNews February 21, 2020

Hungary is planning to beef up subsidies for electric vehicles and talks are on the way to increase subsidies for cheaper cars.

WeShare to enter Budapest, Prague car-sharing markets

bne IntelliNews February 5, 2020

WeShare launched in Berlin last June and will expand to seven other cities this year, with plans to deploy 8,400 electric vehicles.

Brexit pushes money app Revolut to shift payment operations to Ireland and Lithuania

bne IntelliNews February 4, 2020

Revolut will use its Lithuanian banking licence, obtained in 2018, to serve customers in Central and Eastern Europe.

Czech online food shop Rohlik.cz begins operation in Hungary

Tamas Szilagyi in Budapest January 28, 2020

Hungary is the first market outside the Czech Republic for the group, which wants to expand to new markets in the future.

US government files official protest against the Czech digital tax

-nto- January 28, 2020

The Czech Republic could face counter-measures by the US if it introduces the tax that will affect internet giants like Facebook, Google and Amazon, a US diplomat has warned.