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HTEC Opened a New Office in Budapest, Signaling Further Expansion on the Hungarian Tech Scene

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HTEC Opened a New Office in Budapest, Signaling Further Expansion on the Hungarian Tech Scene
News

News

HTEC Opened a New Office in Budapest, Signaling Further Expansion on the Hungarian Tech Scene

2025-06-20 18:39 Last Updated At:18:51

BUDAPEST, Hungary--(BUSINESS WIRE)--Jun 20, 2025--

HTEC, a global AI-first company and a provider of technology design and engineering services, has opened a new office space in central Budapest, marking another step in the company’s strategic expansion across the Hungarian market. Located at Erzsébet krt. 2, the new space will serve as a hub for innovation and collaboration, welcoming new employees eager to shape the future of technology.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250620636346/en/

HTEC partners with leading global companies to solve complex business problems in Financial Services, MedTech, Advanced Technologies, Retail, Telecommunications, and Enterprise Software & Platforms. Its end-to-end expertise—from product strategy to design and delivery—positions the company as a true extension of its clients’ teams. With a focus on strong partnerships and delivering measurable ROI fast, HTEC continues to invest in building deep industry knowledge and advancing technological capabilities through both talent acquisition and internal enablement programs.

HTEC began its journey in Hungary with the opening of its first office in Szeged in 2022. Today, the company has a growing presence in four Hungarian cities: Budapest, Szeged, Debrecen, and Pécs. The company’s expanding local footprint reflects its long-term commitment to creating value for both clients and tech communities in Hungary.

To celebrate the new office opening, HTEC hosted an informal event on June 19 at the new location. The gathering brought together HTEC employees from around the country for an afternoon of connection, reflection, and celebration. CEO Aleksandar Cabrilo and President Dusan Kosic were both in attendance. Cabrilo addressed the team, sharing the company’s vision for Hungary and outlining ambitious global growth plans.

“I’m very thankful for the opportunity to welcome our team into this beautiful space in the heart of Budapest,” said Aleksandar Cabrilo, CEO of HTEC. “After three successful years in Hungary, we continue to be amazed by the technical talent and dedication across all of our teams in the country, especially in embedded technologies, an area of strategic importance where skilled professionals are in high demand and play a critical role in driving success across industries. We’ve recognized the strategic importance of this region and are happy to offer local talent the chance to work on some of the world’s most creative technological challenges and become part of our AI-first employee enablement program, which equips them with the essential AI skills for the future.”

One of the first employees to join HTEC Hungary, Zsolt Zalatnay, Senior Engineering and Delivery Lead, shared his experience:

“I joined HTEC because I was drawn to the chance to work on real-world challenges while continuing to learn and grow. I’m delighted to have been part of the dynamic growth of the Budapest team from the early days—it’s been exciting to contribute to something evolving and impactful. What stood out to me early on was how quickly I was given trust and ownership—there’s a genuine culture of curiosity here.”

HTEC continues to scale globally in more than 30 locations with over 2,500 employees worldwide. With its new Budapest office, the company strengthens its position in Central Europe and deepens its commitment to building a strong, empowered, AI-ready workforce in Hungary.

About HTEC

HTEC Group Inc.is a global AI-first provider of strategic, software and hardware embedded design and engineering services, specializing in Advanced Technologies, Financial Services, MedTech, Automotive, Telco, and Enterprise Software & Platforms. HTEC has a proven track record of helping Fortune 500 and hyper-growth companies solve complex engineering challenges, drive efficiency, reduce risks, and accelerate time to market. HTEC prides itself on attracting top talent and has strategically chosen the locations of its 20+ excellence centers to enable this.

HTEC's Hungarian team at the opening of the company's new Budapest office

HTEC's Hungarian team at the opening of the company's new Budapest office

BUENOS AIRES, Argentina (AP) — Venezuelans on Saturday were scrambling to understand who is in charge of their country after a U.S. military operation that captured President Nicolás Maduro.

President Donald Trump delivered a shocking pick: The United States, perhaps in coordination with one of Maduro's most trusted aides.

Delcy Rodríguez has served as Maduro's vice president since 2018, overseeing much of Venezuela's oil-dependent economy as well as its feared intelligence service. But she is someone the Trump administration apparently is willing to work with, at least for now.

“She’s essentially willing to do what we think is necessary to make Venezuela great again,” Trump told reporters of Rodríguez, who faced U.S. sanctions during Trump’s first administration for her role in undermining Venezuelan democracy.

In a major snub, Trump said opposition leader Maria Corina Machado, who was awarded last year's Nobel Peace Prize, didn't have the support to run the country.

Trump said Rodríguez had a long conversation with Secretary of State Marco Rubio in which Trump claimed she said, “‘We’ll do whatever you need.’”

“I think she was quite gracious,” Trump added. “We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind.”

Rodríguez tried to project strength and unity among the ruling party's many factions, downplaying any hint of betrayal. In remarks on state TV, she demanded the immediate release of Maduro and his wife, Cilia Flores, and denounced the U.S. operation as a flagrant violation of the United Nations charter.

“There is only one president in this country, and his name is Nicolás Maduro," Rodríguez said, surrounded by top civilian officials and military commanders.

There was no immediate sign that the U.S. was running Venezuela.

“What will happen tomorrow? What will happen in the next hour? Nobody knows,” Caracas resident Juan Pablo Petrone said.

Trump indicated that Rodríguez had been sworn in already as president of Venezuela, per the transfer of power outlined in the constitution. However, state television has not broadcast any swearing-in ceremony.

In her televised address, Rodríguez did not declare herself acting president or mention a political transition. A ticker at the bottom of the screen identified her as the vice president. She gave no sign that she would be cooperating with the U.S.

“What is being done to Venezuela is an atrocity that violates international law,” she said. “History and justice will make the extremists who promoted this armed aggression pay.”

The Venezuelan constitution also says a new election must be called within a month in the event of the president’s absence.

But experts have been debating whether the succession scenario would apply here, given the government’s lack of popular legitimacy and the extraordinary U.S. military intervention.

Venezuelan military officials were quick to project defiance in video messages.

“They have attacked us but will not break us,” said Defense Minister Gen. Vladimir Padrino López, dressed in fatigues.

Interior Minister Diosdado Cabello appeared on state TV in a helmet and flak jacket, urging Venezuelans to “trust in the political leadership and military” and “get out on the streets” to defend the country’s sovereignty.

“These rats attacked and they will regret what they did,” he said of the U.S.

A lawyer educated in Britain and France, Rodríguez has a long history of representing the revolution started by the late Hugo Chávez on the world stage.

She and her brother, Jorge Rodríguez, head of the Maduro-controlled National Assembly, have strong leftist credentials born from tragedy. Their father was a socialist leader who died in police custody in the 1970s, a crime that shook many activists of the era, including a young Maduro.

Unlike many in Maduro’s inner circle, the Rodríguez siblings have avoided criminal indictment in the U.S. Delcy Rodríguez has developed strong ties with Republicans in the oil industry and on Wall Street who balked at the notion of U.S.-led regime change.

Among her past interlocutors was Blackwater founder Erik Prince and, more recently, Richard Grenell, a Trump special envoy who tried to negotiate a deal with Maduro for greater U.S. influence in Venezuela.

Fluent in English, Rodríguez is sometimes portrayed as a well-educated moderate in contrast to the military hardliners who took up arms with Chávez against Venezuela's democratically elected president in the 1990s.

Many of them, especially Cabello, are wanted in the U.S. on drug trafficking charges and stand accused of serious human rights abuses. But they continue to hold sway over the armed forces, the traditional arbiter of political disputes in Venezuela.

That presents major challenges to Rodríguez asserting authority. But experts say that Venezuela’s power brokers have long had a habit of closing ranks behind their leaders.

“These leaders have all seen the value of staying united. Cabello has always taken a second seat or third seat, knowing that his fate is tied up with Maduro’s, and now he very well might do that again,” said David Smilde, a sociology professor at Tulane University who has conducted research into Venezuela's political dynamics over the past three decades.

“A lot depends on what happened last night, which officials were taken out, what the state of the military looks like now," Smilde said. "If it doesn’t have much firepower anymore, they’re more vulnerable and diminished and it will be easier for her to gain control.”

Shortly before Trump's press conference, Machado, the opposition leader, called on her ally Edmundo González — a retired diplomat widely considered to have won the country’s disputed 2024 presidential election — to “immediately assume his constitutional mandate and be recognized as commander-in-chief."

In an triumphant statement, Machado promised that her movement would “restore order, free political prisoners, build an exceptional country and bring our children back home.”

She added: “Today we are prepared to assert our mandate and take power."

Asked about Machado, Trump was blunt: “I think it would be very tough for (Machado) to be the leader," he said.

“She doesn’t have the support or respect within the country.”

Venezuelans expressed shock, with many speculating on social media that Trump had mixed up the two women's names. Machado has not responded to Trump's remarks.

Goodman reported from Miami.

Venezuelan Vice President and Oil Minister Delcy Rodriguez gives a press conference at the Miraflores presidential palace in Caracas, Venezuela, March 10, 2025. (AP Photo/Ariana Cubillos, File)

Venezuelan Vice President and Oil Minister Delcy Rodriguez gives a press conference at the Miraflores presidential palace in Caracas, Venezuela, March 10, 2025. (AP Photo/Ariana Cubillos, File)

A supporter of Venezuelan President Nicolas Maduro stands on a median strip waving a national flag in Caracas, Venezuela, Saturday, Jan. 3, 2026, after U.S. President Donald Trump announced that Maduro had been captured and flown out of the country. (AP Photo/Ariana Cubillos)

A supporter of Venezuelan President Nicolas Maduro stands on a median strip waving a national flag in Caracas, Venezuela, Saturday, Jan. 3, 2026, after U.S. President Donald Trump announced that Maduro had been captured and flown out of the country. (AP Photo/Ariana Cubillos)

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