510 result(s) for bbj
GE Layoff Numbers Set For Hungary
- 12 Dec 2017 9:00 AM
- business
Following the recent announcement that it would lay off 12,000 employees worldwide, GE has now made public its plans for Hungary. Redundancies at the Hungarian business unit will be close to 8% of the workforce.
Brisk Business On Black Friday, Despite Modest Price Reductions
- 29 Nov 2017 7:58 AM
- shopping
Black Friday sales in Hungary confirmed estimates that they would greatly contribute to full-year sales of participating sellers. However, promotional prices were not even close to those in the United States or Asian countries, business news portal vg.hu reports.
Starwood Capital Acquires Sofitel Budapest For EUR 75 mln
- 29 Nov 2017 7:53 AM
- property
Starwood Capital Group, a private investment firm headquartered in Greenwich, Connecticut, on Friday said it had acquired the Sofitel Budapest Chain Bridge Hotel from Orbis Hotel Group for EUR 75 million. The acquisition is subject to regulatory approval.
Toy Market Booming In Christmas Period
- 20 Nov 2017 7:00 AM
- shopping
Hungarians begin shopping for toys for Christmas in early November. This period produces 60-70% of the toy marketʼs full-year turnover, the director of toy distributor Formatex Kft. said in an interview with business daily Világgazdaság.
Hungariansʼ Purchasing Power On The Rise, Slowly
- 17 Nov 2017 7:00 AM
- shopping
Per capita purchasing power has jumped above EUR 6,000 in Hungary, which is still less than half of the European average. The countryʼs ranking has not moved from 30th among 42, according to a report by market researcher GfK.
Study Links Flat Rental Prices To Salaries
- 17 Nov 2017 7:00 AM
- property
Furnished housing aggregator Nestpick has released the 2017 Furnished Apartment Index, detailing the costs of both furnished and unfurnished apartments around the world, including in Hungary. The results also show the minimum salary needed for an individual to afford an apartment.
See What Happened @ Xpat Charity Party: Bonfire Night In Budapest 2017
- 16 Nov 2017 12:00 AM
- community & culture
HUF 5.356 million was raised for Hungarian charities, a record amount for this annual soiree held for the second consecutive year in the Marriott's grand ballroom, on Bonfire Night: "Remember, remember the 5th of November" as the British poem goes.
The Landing Of The Euro In Hungary
- 14 Nov 2017 7:55 AM
- business
On the occasion of its 25th anniversary, GKI economic research institute will hold a business conference on November 22 in Budapest Congress Center. The main topic will be the extension of the euro area, a subject of discussions both in the EU and Hungary.
Labor Shortage Makes Winter Tire Changes Dearer
- 14 Nov 2017 7:53 AM
- getting around
Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need to raise wages to retain skilled workers, with a knock-on effect leading to higher service fees.
GE Layoff Numbers Set For Hungary
- 12 Dec 2017 9:00 AM
- business
Following the recent announcement that it would lay off 12,000 employees worldwide, GE has now made public its plans for Hungary. Redundancies at the Hungarian business unit will be close to 8% of the workforce.
Brisk Business On Black Friday, Despite Modest Price Reductions
- 29 Nov 2017 7:58 AM
- shopping
Black Friday sales in Hungary confirmed estimates that they would greatly contribute to full-year sales of participating sellers. However, promotional prices were not even close to those in the United States or Asian countries, business news portal vg.hu reports.
Starwood Capital Acquires Sofitel Budapest For EUR 75 mln
- 29 Nov 2017 7:53 AM
- property
Starwood Capital Group, a private investment firm headquartered in Greenwich, Connecticut, on Friday said it had acquired the Sofitel Budapest Chain Bridge Hotel from Orbis Hotel Group for EUR 75 million. The acquisition is subject to regulatory approval.
Toy Market Booming In Christmas Period
- 20 Nov 2017 7:00 AM
- shopping
Hungarians begin shopping for toys for Christmas in early November. This period produces 60-70% of the toy marketʼs full-year turnover, the director of toy distributor Formatex Kft. said in an interview with business daily Világgazdaság.
Hungariansʼ Purchasing Power On The Rise, Slowly
- 17 Nov 2017 7:00 AM
- shopping
Per capita purchasing power has jumped above EUR 6,000 in Hungary, which is still less than half of the European average. The countryʼs ranking has not moved from 30th among 42, according to a report by market researcher GfK.
Study Links Flat Rental Prices To Salaries
- 17 Nov 2017 7:00 AM
- property
Furnished housing aggregator Nestpick has released the 2017 Furnished Apartment Index, detailing the costs of both furnished and unfurnished apartments around the world, including in Hungary. The results also show the minimum salary needed for an individual to afford an apartment.
See What Happened @ Xpat Charity Party: Bonfire Night In Budapest 2017
- 16 Nov 2017 12:00 AM
- community & culture
HUF 5.356 million was raised for Hungarian charities, a record amount for this annual soiree held for the second consecutive year in the Marriott's grand ballroom, on Bonfire Night: "Remember, remember the 5th of November" as the British poem goes.
The Landing Of The Euro In Hungary
- 14 Nov 2017 7:55 AM
- business
On the occasion of its 25th anniversary, GKI economic research institute will hold a business conference on November 22 in Budapest Congress Center. The main topic will be the extension of the euro area, a subject of discussions both in the EU and Hungary.
Labor Shortage Makes Winter Tire Changes Dearer
- 14 Nov 2017 7:53 AM
- getting around
Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need to raise wages to retain skilled workers, with a knock-on effect leading to higher service fees.


















