Vienna’s position as CEE’s ICT capital has suffered quite a blow by IBM’s announcement to move its CEE headquarters to Prague. Beware: I love Prague, I live there, but the decision’s wording “to move growth market activities to growth markets” sounds rather shallow if applied to the Czech Republic. Sure the country has growth potentials that the EU15 have lost long ago, but then why not move IBM CEE to Ukraine or Russia right away?
Tag Archive for 'prague'
This week I will be away for business in Prague, representing a social networking company preparing to launch a social networking site in the Czech Republic. I would be pleased to meet with any nowEurope readers while in Prague. (Write me at: steve [at] noweurope [dot] com)
While Budapest and Prague might seem like neighbors on the map, I will travel all night by train to get there. However, one difference on this trip is that I will be able to sleep. From January 1, Hungary, Slovakia and Czechia are part of the Schengen system. That means no more midnight knocks to check my passport.
I will share my observations about the Czech online market upon my return to Budapest later this week.
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