A collection of 34 posts
Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters Digital News Report 2024. Internet penetration and smartphone usage have enabled a rapid shift online, but challenges related to declining trust in news
Revolut, the digital bank, has achieved a milestone by exceeding 10mn retail customers in the Central and Eastern Europe (CEE) region, adding 2.5mn clients in under a year. Romania stands out as the leader in the region, boasting over 3mn clients and a remarkable 39% growth in its customer
Czech-founded WAG Payment Solutions PLC announced on Tuesday that it has agreed to fully acquire Grupa Inelo SA, a leading fleet and work time manager in Poland and Slovenia, for up to EUR 306mn. FTSE 250 company WAG, also known as Eurowag, runs a digital platform that processes fuel and
Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day targeted 207 Estonian institutions, including its main online payment platform, according to the country’s digital communications officials. The country’s main banks, health, home, public and education
Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new European Commission (EC) Digital Economy and Society Index (DESI) rankings for 2022. The Baltic country, often nicknamed e-Estonia, was also placed first in the EU for its digital public services.
The Eastern European countries with large digital economies such as Estonia, Czechia and Hungary are best placed to stimulate growth by increasing sector productivity, according to reports by McKinsey, Microsoft, IT recruiters and other experts. Although ICT wages remain significantly lower in Central and Eastern Europe (CEE) than on the
Slovenia, which holds the EU presidency, has released a progress report on the European Union’s draft artificial intelligence act (‘AIA’) on 29 November. Among the suggested modifications, EU member states would like to retain their national competence over AI affairs in terms of national security and military matters, and
Taiwan could help alleviate Europe’s semiconductor shortage by setting up manufacturing operations in central Europe. With a reputation as a tech heavyweight, the autonomous island claimed by mainland China is host to numerous electronic component manufacturers. In October, the head of Taiwan’s National Development Council, Kung Ming-hsin, said
Since Britain voted to leave the EU in 2016, hundreds of UK-linked entrepreneurs have taken up e-residency in Estonia. From the moment it became clear that the UK have voted to leave the EU, the small Baltic country has been enjoying this Brexit benefit. Prime Minister Kaja Kallas is only
Central and Eastern Europe (CEE) countries are over-achievers regarding ‘digital quality of life’, according to the latest Digital Quality of Life (DQL) index. A strong e-culture generally correlates closely with GDP per capita, but 9 of the 21 global exceptions to this rule were in Eastern Europe in 2020: Bulgaria,
Despite the European Union’s explicit plans to prepare a subsidy package for the microchip industry that matches with United States investments in the sector – preliminary figures don’t add up. Politico writes that the EC’s plans will collide with the EU competition rules and too time-consuming decision-making. The
Czech start-up Rossum will receive USD 100 million in venture capital from a consortium – including General Catalyst, one of the US’s biggest VC funds – to support its AI document-processing software. Rossum processes data and devises steps based on that content, reducing manual data entry work by 90%, according to
Two watchdog groups say global tech giants are spending nearly EUR 100 million every year – the biggest lobby spend for any industry – in an attempt to to influence digital regulations within the European Union, rules that could cut into their business. That’s according to a study of where and
A major eavesdropping scandal around the Israeli spy software Pegasus made waves in Hungary. An international investigation of 80 journalists from 17 media organisations conducted in 10 countries found that the Hungarian government was most probably among those which acquired the controversial spy software Pegasus from the Israeli surveillance company
The European Commission took Bulgaria to the European Court of Justice after four years of Sofia refusing to link its national business register to the EU Business Registers system (BRIS). BRIS is an information system that allows users to search company-specific data simultaneously in all EU countries with the purpose