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McDonald's Units in Hungary to Close on December 24

In the interests of the company's workers and their families, McDonald's restaurants in Hungary will be closed from 6 a.m. on December 24, the operator of the fast food chain tells the Budapest Business Journal.

Ganz Rotating Machine Division Returns Successfully to the Int'l Market

Representatives of Ganz Transformers and Electric Rotating Machines (Ganz) have signed six new international contracts worth a total of EUR 4.3 million in a single month. In addition, Ganz aims to further increase the share of customized motor and generator manufacturing and their servicing in the company's turnover by 2024, in order to expand the international recognition of the Hungarian brand.

U.S. Ambassador Urges Business Leaders to Work for 'Enduring, Shared Values'

In a calmly delivered yet passionate speech to an exclusive dinner for Patron members of the American Chamber of Commerce in Hungary on Dec. 5, U.S. Ambassador David Pressman went from a long list of benefits American businesses offer to Hungarians via Washington’s deep concerns over the policies of Prime Minister Viktor Orbán’s government in recent years to optimism for the future based on the country’s youth.

Realis Development Enters Real Estate Market

Realis Development, a new development company brought to life by three experienced real estate market players, has entered the Hungarian property scene as part of Realis Group, a holding company active since 2013.

MG3 Warehouse Attains Highest Sustainability Rating

The 45,000 sqm MG3 warehouse at HelloParks Maglód has become the first industrial property in Hungary to achieve the highest, "Outstanding" rating in the New Construction category of the Breeam sustainability standard, according to a press release sent to the Budapest Business Journal.

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