Form 12b-25
(As last amended in Release No.34-21633, January 4, 1985, 50 F.R. 1442)
U.S. SECURITIES AND EXCHANGE COMMISSI0N
WASHINGTON, D.C. 20549
CUSIP Number 298 801 101
SEC File Number 1 - 1200
NOTIFICATION OF LATE FILING
(check one)
( ) Form 10-K ( ) Form 11-K ( ) Form 20-F (X) Form 10-Q
( ) Form N-SAR For Period Ended - December 31, 1998
Part I - Registrant Information
Full Name of Registrant - Euroweb International Corp.
c/o Frank R. Cohen
Former Name if Applicable Hungarian Teleconstruct Corp.
Address of Principal Executive Office - 445 Park Avenue
City, Stale and Zip Code - New York NY 10022
Part II - Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following, should be completed. (Check box if appropriate)
( ) (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
(X) (b) The subjecl annual report or semi-annual report/portion thereof will
be filed on or before the fifteenth calendar day following the
prescribed due date, or the subiecl quarterly report/portion thereof
will be filed on or before the fifth calendar day following the
prescribed due date;
( ) (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.
Part III - Narralive
State below in reasonable detail the reasons why the lorm 1O-K, 20-F,
1O-Q or N-SAR or portion thereof could not be filed within the prescribed
time period.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
information
Frank R. Cohen (212) 758 9870
(Name ) (Area Code) (Telephone Number)
(2) Have all olher periodic reports required under Section 13 or
15(d) of the Securilies Exchange Act of 1934 or section 30
of the Investment Company Act of 1940 during the preceding
12 months or for such shorter period than the registrant was
required to file such report(s) been filed? If lhe answer is
no, identify report(s). (x) Yes ( ) No
(3) It is anticipated that any signifcant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statements to be included
in the subject report or portion thereof? ( )Yes (x)No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results can not be made.
Euroweb International Corp.
(Name or Registrant as specilled in charter)
has caused this notification to be signcd on its behalf by the undersigned
thereunto duly authorized.
Date: August 13, 1999
/s/ Frank R. Cohen
By: Frank R. Cohen
<PAGE>
RIDER TO FORM 12-B-25
The reason for the delay is due to the fact that the Company came up with
some additional data on the last day, neccessitaltng changes in the
financial statements.
