Coface: The Hungarian firms are less risky than the regional average

The ratio of the risky Central and Eastern European companies has deteriorated further, but in some countries there some positive trends can be experienced – shows the latest datas of Coface Hungary, international credit insurer.

“In recent years, the ratio of those Central and Eastern European companies that were classified as commercially risky have steadily increased” – says Kárpáti Gábor, CEO of Coface Hungary. Coface rated risky or moderate risky the 54.17 percent of the Central and Eastern European companies in the past month. This ratio was 46.25 percent in the same period of 2009.

Compared to last year, the ratio of risky Hungarian businesses, increased from 48.94 percent to 50.34 percent. However in the case of risk level, the Hungarian firms are less risky than the regional average – reports vallalkozoinegyed.hu.