Bisnode: not permitting the delay in payment is a competitive disadvantage to the companies

According to the analysis of the Bisnode business information company sent to MTI on Wednesday, those companies can be in competitive disadvantage that do not permit the delay in payment to their partners. Those can achieve 30 percent more income that allow deferred payment to their customers as well.

The bulletin cites Keleti József, Bisnode Group’s Director responsible for Hungary, who said that after the crisis, a sharp increase occured in the number of company eliminations. More and more companies were unable to pay debts, and therefore creditors initated liquidation processes against them. (MTI)