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  • New technologies shaking up business in Hungary – April 2017

    In recent years digital technologies substantially changed the business environment of many industries such as media, retail, travel, accommodation. The operation of the new undertakings was facilitated primarily by digital technologies. In Hungary and other parts of Central Europe that process has often been rapid as the incumbents were weak or not well established—see for example the opportunity presented to budget airline Wizz by the collapse of Malév or the speed with which mobile telephony became established in the 1990s, in the absence of any well developed fixed line network.

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    New technologies shaking up business in Hungary