ICT - Central European Times

The Latvian capital of Riga from St Peter's Church

Latvia unveils plan to close FDI gap with Estonia, Lithuania

2 min read Latvia, Estonia, Lithuania, Action Plan for Attracting Investment and Access to Finance, Latvian Economy Ministry, Viktors Valainis, Latvian Investment and Development Agency, Altum, Baltic Council of Ministers, Iveta Strupkaja, Foreign Investors’ Council in Latvia, bioeconomy, smart energy, ICT, mobility, Organisation for Economic Co-operation and Development, Eurostat

Latvia lags its Baltic peers on investment intensity and credit availability, according to the Organisation for Economic Co-operation and Development (OECD).

Hungary makes giant bid to buy Vodafone

2 min read Hungary, 4iG, ICT, telecom, Vodafone

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF 715bn (EUR 1.75bn) in a cash purchase, the parties announced on Monday. According to the preliminary, non-binding agreement, 4iG would own 51% of Vodafone Magyarorszag, and the cash-strapped Hungarian

ICT key to bridging East-West wage gap

3 min read Featured, Central & Eastern Europe, code, developers, digital, ICT, programmer, technology

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