Central Europe / Tech

Huawei building Hungary's 5G network

bne IntelliNews November 6, 2019

Budapest defies pressure from the US to exclude the Chinese tech giant, sending a clear message to global political and economic actors.

Poland teams up with commercial telecoms to develop 5G network

bne IntelliNews October 29, 2019

Memorandum between state agencies and commercial companies is seen as the first major decision of the Law and Justice-led government after the election, which gave it another four years in power.

Czech companies dominate Deloitte CE Tech Fast 50 — but new destinations emerge

Clare Nuttall in Glasgow October 21, 2019

Ranking of fastest growing CEE tech companies led by Lithuania’s Voltas IT includes 31 new entrants reflecting hyper rapid pace of tech sector development in the region.

Extreme Digital, eMAG merger cleared

bne IntelliNews October 18, 2019

Hungary's competition watchdog cleared the merger of Hungarian online electronics retailer Extreme Digital with eMAG, a unit of South Africa's Naspers group on October 17, creating one of the largest online retail networks in CEE

Samsung announces €1.2bn expansion of Hungarian EV battery plant

bne IntelliNews October 11, 2019

Ambitious expansion plans for the plant near Budapest will make it one of the largest in the world, as Hungary becomes a centre of EV battery production for Europe's growing electric car industry.