SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                        Commission File Number 001-12000


                           NOTIFICATION OF LATE FILING

| | Form 10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q
|_| Form N-SAR

         For Period Ended: March 31, 2004

|_| Transition Report on Form 10-K |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F |_| Transition Report on Form N-SAR

     For the Transition Period Ended: _______________________________________

         Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

         If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
_______________________________________
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                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant                        Euroweb International Corporation
Former name if applicable
Address of principal executive office          Varosmajor Utca 13
City, state and zip code                       Budapest Hungary 1122

                                     PART II
                             RULE 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;
              (b)           The subject annual report, semi-annual report,
                            transition report on Form 10-K, 20-F, 11-K or Form
                            10-Q, or portion thereof will be filed on or before
                            the 15th
|X|                         calendar day following the prescribed due date; or
                            the subject quarterly report or transition report on
                            Form 10-Q, or portion thereof will be filed on or
                            before the fifth calendar day following the
                            prescribed due date; and
              (c)           The accountant's statement or other exhibit required
                            by Rule 12b-25(c) has been attached if applicable.

                                    PART III
                                    NARRATIVE

     State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period.

     The registrant is in the process of preparing and reviewing the financial
information of the Company. The process of compiling and disseminating the
information required to be included in the Form 10-QSB for the relevant fiscal
quarter, as well as the completion of the required review of the Company's
financial information, could not be completed without incurring undue hardship
and expense. The registrant undertakes the responsibility to file such quarterly
report no later than five days after its prescribed due.


                                     Part IV
                                Other Information

(1) Name and telephone number of person to contact in regard to this
notification

   Peter Szigeti                          36                  1-889-7000
    (Name)                            (Area Code)          (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).

                                 |X| Yes |_| No

(3) Is it anticipated that any significant 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 cannot be made.




                        Euroweb International Corporation
                   Name of Registrant as Specified in Charter.

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: May 17, 2004                            By: /s/   Csaba Toro
                                                       --------------
                                                        Csaba Toro,
                                                    Chairman of the Board,
                                                    Chief Executive Officer
                                                    Director, Treasurer