Atradius: Hungarian companies are crediting to each other but pay on time

The Hungarian enterprises are using the deferred payment in the Central Eastern European region the most, however the payment deadlines have become tighter and the rate of paid bills also broke a regional record – the recent Eastern Atradius resaerch reveals.

In the first quarter of 2015, 72 percent of the total domestic inter-enterprise commerce was based on deferred payment (76.6 percent in case of foreign and 67.3 percent in case of domestic partners), which is significantly higher than the 38 percent average of Eastern Europe (42.9 percent / 38.4 percent), and the 41.3 percent average of Western Europe (44.9 percent / 37.7 percent).