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Budapest Business Journal 3220

Page 1

VOL. 32. NUMBER 20 | NOVEMBER 4 – NOVEMBER 14, 2024

HUF 2,100 | EUR 5 | USD 6 | GBP 4

YOUR INDISPENSABLE EVERYDAY COMPANION FOR BUDAPEST BUSINESS NEWS AND VIEWS SINCE 1992 | WWW.BUDAPESTBUSINESSJOURNAL.COM

SPECIAL REPORT INSIDE THIS ISSUE

Telecoms

The Real Mission of Mobile Network Towers Mobile services are becoming like oxygen for humans: an indispensable part of our lives. Vantage Towers plays a crucial role in providing that vital component and has made it its mission to improve our everyday lives by providing seamless connectivity.  13

Yettel Ranked Among the Best Employers in Hungary The independent international body, the Top Employer Institute, has ranked Yettel among the best employers in Hungary, a distinction it says only 17 companies in the country share.  15

Growing the Digital Footprint

SOCIALITE

Sepultura Bids Budapest Farewell On Nov. 17, Brazilian heavy metal band Sepultura will play Budapest’s Barba Negra club on its “Celebrating Life Through Death” tour, marking the band’s 40th anniversary and its swansong. David Holzer says he’ll be there, earplugs firmly in place.  20

NEWS

The Return of the Technical Recession The latest GDP data fell short of even the worst expectations. In a significant negative surprise, the performance of the Hungarian economy fell by 0.7% from the previous quarter. The economy having contracted for two consecutive quarters, Hungary has again entered a technical recession.  3

BUSINESS

EY Entrepreneur of the Year 2024 winner Éva Hegedűs, co-founder and CEO of Gránit Bank, discusses the next stage of the bank’s journey: taking its cutting-edge digital retail services into the Romanian market. 11 BUSINESS

10th BMG Summit Talks Realities and Ways Forward Most observers agree Europe must catch up with her global rivals. The 10th edition of the Business Meets Government Summit, organized by AmCham and HIPA, addressed the whys and the hows.  9


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