Fewer Taxes and More Digitization

Hungary Slips into Technical Recession

Hungary’s economic performance in Q4 of 2022 diminished by 0.4% compared to the previous three months, marking the second quarter of negative growth, the financial dictionary definition of a technical recession. For the whole year, GDP growth was 4.6%  3

Leading actors from the tax and accountancy field such as András Szalai of Process Solutions (pictured) give us their take on the things to watch for in 2023, the trends likely to shape the future, and what they wish to see changed 10

Vodafone Takeover Boosts 2022 M&A Deal Value in Hungary

to USD 3.2 bln

Against the global trend, the value of M&A deals in Hungary and in Central and Eastern Europe held firm in 2022, although increasing regulatory requirements are likely to dampen potential growth.

EDITOR-IN-CHIEF: Robin Marshall

EDITORIAL CONTRIBUTORS: Balázs Barabás, Zsófia Czifra, Kester Eddy, Bence Gaál, Gergely Herpai, David Holzer, Christian Keszthelyi, Gary J. Morrell, Nicholas Pongratz, Robert Smyth.

LISTS: BBJ Research (research@bbj.hu)

NEWS AND PRESS RELEASES: Should be submitted in English to news@bbj.hu

LAYOUT: Zsolt Pataki

PUBLISHER: Business Publishing Services Kft.

CEO: Tamás Botka

ADVERTISING: AMS Services Kft.

CEO: Balázs Román

SALES: sales@bbj.hu

CIRCULATION AND SUBSCRIPTIONS: circulation@bbj.hu

Address: Madách Trade Center 1075 Budapest, Madách Imre út 13-14, Building B, 7th floor. Telephone +36 (1) 398-0344, Fax +36 (1) 398-0345, www.bbj.hu

What We Stand For: The Budapest Business Journal aspires to be the most trusted newspaper in Hungary. We believe that managers should work on behalf of their shareholders. We believe that among the most important contributions a government can make to society is improving the business and investment climate so that its citizens may realize their full potential.

The Budapest Business Journal, HU ISSN 1216-7304, is published bi-weekly on Friday, registration No. 0109069462. It is distributed by HungaroPress. Reproduction or use without permission of editorial or graphic content in any manner is prohibited. ©2017 BUSINESS MEDIA SERVICES LLC with all rights reserved.