Eastern European companies fear an increase in bankruptcies
According to an analysis by credit insurer Atradius, 39 percent of companies in the region fear that with the expected release of government bailouts, there will be more bankruptcies this year. The study shows that the proportion of debts written off in the region (5 per cent) has not changed compared to the previous year. Half of the intercompany purchases (B2B) in the region were made on loans, just as in 2020, which was 48 percent in Hungary. The proportion of late settled accounts in the area improved from 45 to 43 percent.
Related news
Atradius: climate change cannot be prevented without a complete transformation of the energy sector
The electricity sector is the key to achieving carbon neutrality…
Read more >Credit insurance company: the rate of late payments increased by twenty percent in trade between Hungarian companies
This increase means that 40 percent of intercompany (B2B) invoices…
Read more >More and more people are taking small loans
The number of personal loans is increasing, but their average…
Read more >Related news
IKEA is expanding its services in seven large rural towns
In the spirit of affordability and accessibility, IKEA is constantly…
Read more >Summer arrives early with the new flavour of Borsodi Friss
The Borsodi Friss product line is being expanded with a…
Read more >NAK-FruitVeB: there is also plenty of Hungarian horseradish for export
In addition to the domestic market, there is plenty of…
Read more >