ADVERTISEMENT

Gallup closes down Budapest office

Deals

After two years of incurring losses and nearly three of seriously declining activity, international global management consultancy Gallup has officially closed its Budapest office, according to a report from Portfolio.hu.

All twenty members of the staff have been laid off and Hungary-based customers are to go through Gallup’s London, UK, office in the future.

Gallup opened its local office in 1990 and through 2010 enjoyed mostly profit-turning years in Hungary. Sales began declining in 2011, however, and was subject to legal scrutiny by the National Tax and Customs Office (NAV) early that year for outstanding debt.

The Budapest hub specialized in providing “evidence-based policy research services.”

The US-based company now has offices in seven European capitals: London, Berlin, Brussels, Bucharest, Luxembourg, Vilnius and Warsaw.

ADVERTISEMENT

Czech economic confidence weakens in October Analysis

Czech economic confidence weakens in October

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.