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Nestlé Hungary Launches Mentor Program for Startups

Nestlé Hungary and Connect East Incubator have announced the winners of the HackYourCompany innovation event, who will join a startup mentoring program that is aimed at boosting international companiesʼ absorption of innovative ideas, according to a press release sent to the Budapest Business Journal. Organizers of the event believe that companies are more and more [...]

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Nokia Skypark Opens in Budapest

Futureal Group and Nokia have opened Nokia Skypark office building in Budapest, Hungary. In the latest member of Corvin Promenade, one of Hungary’s largest IT and telecommunications R&D centres has started its operation. Over 2000 employees of the Nokia Networks Global Technological Centre, located in Skypark, collaborate on future solutions. Nokia Skypark, developed by Futureal [...]

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Hungary Competitiveness Council Discusses Proposals to Promote Digitalization

Hungaryʼs National Competitiveness Council has discussed proposals to promote digitalization, including a proposal on the introduction of a type of cheap basic bank account in order to curb cash transactions, Minister for National Economy Mihály Varga said following the third meeting of the council on Thursday. The government wants to see digital services spread as [...]

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Microsoft’s CEO in Budapest

Index.hu writes that the CEO of Microsoft visited Budapest for the first time since he took up office, and the event, called Future Decoded, had a great impact on the audience, who listened to his half-an-hour-long presentation in the Congress Centre. This is the first time Satya Nadella came to the Hungarian capital city since [...]

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Businesses Urged to Adopt Digital Solutions, PwC Hungary Survey Says

Businesses should invest in digital solutions if they want to stay successful, Antal Kerekes of PwC Hungary says, commenting on PwC’s recently released 10th Anniversary Digital IQ Survey, according to a press statement sent to the Budapest Business Journal. He warns that, currently, businesses seem to fail in terms of turning their digital investments into [...]

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Hungary Defines Legal Grounds for Data Processing in the Workplace

Due to the nature of employment relationships, personal employee data are processed in countless contexts every day. However, Hungarian labor regulations have very limited provisions on data processing at the workplace. Despite the fact that the data protection commissioner and the president of the data protection authority have published several opinions and recommendations on this [...]

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BlackRockʼs Budapest Innovation Center to Create 500 Jobs

U.S.-based global investment management corporation BlackRock is setting up an innovation center in Budapest that will create 500 jobs, Minister of Foreign Affairs and Trade Péter Szijjártó revealed today, according to Hungarian news agency MTI. BlackRockʼs innovation center will deal with product development and the way client data is managed, as well as with creative [...]

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More Than 200,000 Foreign Students Learn Hungarian With Duolingo

Furthermore, the most popular, free language learning app is also used more-and-more by Hungarians, reports szeretlekmagyarorszag.hu. Duolingo online language learning platform has had 1.8 million Hungarian users by the end of 2016, three-times more than in the previous year. Also, more than 200,000 foreign students use it to learn Hungarian. The free application with 150 [...]

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Gov’t Plans to Cut Closed-source Software in Public Admin

The government supports the spread of open-source or open source-based software in public administration, and in a November resolution adopted a plan with specific deadlines to further this aim, Tamás Deutsch, the prime ministerʼs commissioner for IT development, told a conference today, according to Hungarian news agency MTI. Under the plan, the ratio of closed-source [...]

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Hungarian Success: NNG System Used by Ford

A navigation system developed by NNG and customized for Ford’s needs is used in three new Ford models in 50 countries of the seven regions in the world, reports Napi.hu. According to the announcement, the first Ford Explorer, Expedition and Mustang models will be introduced no later than this fall. NNG developed unique features for [...]

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