VOL. 30. NUMBER 23
DECEMBER 16, 2022 – JANUARY 12, 2023
HUF 1,850 | EUR 5 | USD 6 | GBP 4
HUNGARY’S PRACTICAL BUSINESS BI-WEEKLY SINCE 1992 | WWW.BBJ.HU
SPECIAL REPORT INSIDE THIS ISSUE
Deals of the Year
Despite Headwinds, M&A Market Brings Major Deals in 2022 The lingering effects of COVID and the outbreak of the Russo-Ukrainian war has seen struggling economies and a deepening energy crisis worldwide. There was a slowdown in Hungary, too, although a major telecoms move will likely reshape the markets. 14 NEWS
Record-high Inflation Reshapes 2023 Budget Hungary is leading the inflation chart in Europe with 22.5% measured in November. Industry, which has been a driving force for economic growth, produced weaker-than-expected figures in October. Next year’s draft budget is expected to be amended in the coming days. 3
Make way for the Industrial Metaverse
Tamás Jeránek, CEO and president of Siemens Zrt., talks about the German multinational’s 135th anniversary in Hungary and what it has on the agenda for the coming decades: The industrial metaverse and fulfilling the promise of industrial digitalization. 8
LAKE11 HOME & PARK WHERE LIFE IS URBAN AND GREEN
Create long term value: Invest in a quality sustainable real estate and watch your profits grow. WWW.L AKE11.HU/EN
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