Hungary’s construction sector to recover in summer

19
May
2020
News - Hungary’s construction sector to recover in summer #construction #coronavirus #ÉVOSZ #Hungary #report

by Property Forum | Report

The National Federation of Hungarian Building Contractors (ÉVOSZ) expects orders that were never placed in the last two months will be arriving in mid-June. 


ÉVOSZ President László Koji told public radio MR1 on Tuesday morning that the output of Hungary's construction sector in the first quarter of 2020 was broadly the same as in the same period of 2029, but due to the coronavirus (COVID-19) pandemic, they had received no orders for two months. 

The question is now how micro and small businesses will cope with these difficult times, given that they generally have reserves sufficient for 1.0-1.5 months, he added.

Experiences show that the number of new contracts has risen only in the countryside for now. 

Koji noted that in this situation the federation is asking the government to take into consideration that the construction sector is a priority sector and to make sure that the preparation of state projects are accelerated. 

"We need to set the construction industry on a new course to get it to another level in terms of organisation, digitalisation, know-how [and] building energy. For us to become better for our industry, the materials industry also needs developments which will facilitate the manufacture of much more complex and more rapidly installable materials that also save manpower," he said.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


Latest news

News - Polish office market grapples with increasing fit-out costs
17
Apr
2026

Polish office market grapples with increasing fit-out costs

by Property Forum
The Polish office market is entering a new phase where fit-out costs are rising while move-in-ready space becomes scarce, according to an Axi Immo analysis.
Read more >
News - Hungary on the map again: Join our free webinar
16
Apr
2026

Hungary on the map again: Join our free webinar

by Property Forum
Hungary's parliamentary election on 12 April 2026 has placed the country firmly back in the conversation for international real estate investors. The end of the Orbán era — and the prospect of renewed EU relations, unlocked cohesion funds, and a more stable regulatory environment — makes this a moment worth examining closely. Join Property Forum for a free, expert-led webinar on April 29th to assess what the new political landscape means for real estate investors, occupiers, and developers active in or considering Hungary.
Read more >
News - Czech industrial market hits demand-lease balance for first time in years
16
Apr
2026

Czech industrial market hits demand-lease balance for first time in years

by Property Forum
In 2025, indicative demand for industrial and logistics space in the Czech Republic almost matched the volume of lease agreements actually signed for the first time in several years, according to Cushman & Wakefield.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy