The decrease in turnover threatens the existence of businessmen

More than 45 percent of the Hungarian SMEs that have debts, took up loans to pay to their partners. The loans threaten the private existence of the businessmen, since due to the lack of significant entrepreneurial assets, their  private properties cover the loans towards the banks – states the Movement for Hungarian enterprises (MMV).

The Movement for Hungarian enterprises (MMV) surveyed more than 70 companies mainly active in the construction and trading businesses about their current situations and prospects. Almost at all companies a member of the family is participating in the activities of the companies and at 70.42 percent of the companies the family do not have other income – reports privatbankar.hu.