Do large companies already see the light at the end of the tunnel?
Large firms in Hungary can soon leave their pessimism behind. After hitting a nadir last year, K&H’s corporate growth index has been rising for the second quarter in a row, moving from -10 to -6 points in Q1 2023. It is the good mood of companies with a sales revenue above HUF 10bn that we find behind this trend. Gábor Rajna, the head of K&H’s business banking division told: the corporate subindex climbed from -6 to -2 point, nearing the positive range, but the macro subindex is still at -19 points, showing great pessimism for the whole of the economy. At the moment, only those companies are in a non-negative mood which have an annual turnover above HUF 10bn. //
This article is available for reading in Trade magazin 2023/5
Related news
The security of smartphone payment is equal to that of a bank card
The majority of people in their twenties consider smartphone or…
Read more >5+1 golden rules for protecting our digital devices
The use of digital devices unquestionably makes our lives, online…
Read more >K&H SME confidence index: The SME sector is divided – the bigger ones already see the future positively
Based on the second-quarter results of the K&H SME confidence…
Read more >Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >Tetra Pak has announced that Alex Henriksen will be the managing director of the Eastern European region
Tetra Pak, one of the world’s leading food processing and…
Read more >