An average increase of 20% is expected in the production of building materials, according to Dávid Tibor, President of the Building Material Manufacturers Division of the National Association of Building Contractors, writes Világgazdaság, a business daily. [1] The...
This article is a summary of the figures published by the Hungarian Central Statistical Office on the performance of the construction industry in September 2021. Based on the available data for the third quarter, it can be confirmed that the prices in the construction...
The publication of the Hungarian National Bank („MNB”) entitled „Commercial Real Estate Market Report” analyzes the processes of the affected market on a semi-annual basis. This publication presents macroeconomic factors affecting the commercial real estate market,...
The Hungarian Competition Office (HCA) has announced that after the brick market, it will target the construction timber segment in an accelerated market segment inspection under Section 1(1) of Government Decree No. 406/2021 to identify and evaluate recent market...
Several changes have taken place in the Hungarian real estate market recently, particularly in relation to apartments in Budapest. Firstly, due to a recent legislative amendment, the Hungarian government has just obtained a right of first refusal in respect of...
This article is a summary of the figures published by the Hungarian Central Statistical Office on the performance of the construction industry in August 2021. Figures from the Central Statistical Office In the definition that the Hungarian Central Statistical Office...
’CERHA HEMPEL Dezső & Partners is known for handling construction and project procurement disputes. It counts Swietelsky Magyarország Kft. as a major client; the team is acting for it in a series of construction disputes. Ilona Rónay-Csordás and senior associate András Fenyőházi jointly lead the team.’ Dispute resolution, LEGAL500
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