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.

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