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Industrial Developers Committed to Sustainability Accredited Complexes

The 45,000 sqm MG3 warehouse at HelloParks Maglód in Greater Budapest is the first industrial property in Hungary to achieve the Breeam “Outstanding” sustainability rating for New Construction, the highest standard in the third-party accreditation system.

Making the Most of Hungary s Unique Expat CEO Community

Chresten Bruun, the general manager of the Lego Factory in Nyíregyháza and the senior vice president of EMEA Manufacturing in the Lego Group won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala on March 23. The Budapest Business Journal asked him to reflect on the evening and what the award means to his team.

Chamber of Commerce Corner, February 9, 2024

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information and to register for specific events, visit the organizing chamber’s website. If you have information for inclusion on this page, send an email in English to Annamária Bálint at annamaria.balint@bbj.hu

BSCs an Essential Part of Budapest Office Market Development

Hungary, and Central Europe in general, has successfully promoted itself as advanced but cost-effective business destinations for international companies looking to establish what used to be called shared services centers. That trend helped make what are now increasingly called business services centers a core driver of the developer-led office market.

Masterplast Announces Capital Raise at Glass Wool Plant JV

Listed Hungarian building materials maker Masterplast has announced a capital raise at a 50%-50% joint venture it has with Polish peer Selena, according to a report by state news wire MTI.

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