Budapest is the most business-friendly city
Posted by Mia Balogh · Jul 1, 2020

Big encouragement for all those who are planning to start their business in Budapest: our capital was chosen as the most business-friendly city in Europe.

Budapest is not only a beautiful city but also an important business hotspot: we read on that our capital was named emerging Europe’s most business-friendly city, while other important centres in the region were also recognised.

‘The Hungarian capital, which won by a wide margin, topped two of the eight categories (Brand, and Local Authority Support). The other categories were won by Tbilisi (Economic Potential), Łódź (Business Climate), Bucharest (Pool of Talent), Sofia and Tallinn (Smart City Development), Warsaw (Infrastructure and Connectivity), and Prague (Quality of Life)’ – they write.

How did they decide the winners of each category? Emerging Europe invited 70 global location experts and foreign direct investment advisers to weigh up the merits of 75 cities in the emerging Europe region. These cities are either national capitals or have a population of more than 200 000.

So the experts voted, and Budapest came in first in two categories. But what can be the main attraction of the city? As Andrew Wrobel, Emerging Europe‘s founding partner said: ‘Budapest is a magnificent city with a great business ecosystem and a long history of innovative ideas’.

Well, we have nothing to add, Budapest is simply fantastic and inviting – also if you think of business or investment. Like and share our article if you agree with is. ;)


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