Coface: Hungary came second in Top 500

This year’s study of the “Coface CEE Top 500” presents an even more
heterogeneous picture of the countries in Central and Eastern Europe,
each of which experienced and dealt with the impact of the crisis in the
Eurozone in different ways.

The CEE Top 500 lists the 500 biggest companies in the region in terms
of turnover. The flagships in CEE increased their turnover by 5% in 2012.
The more difficult economic environment is reflected in the development
of net profit. Only six out of the analysed 18 sectors increased their net
profit. Transport and food are among them, with an increase of 119%
and 22% respectively. The sharpest loss in numbers was faced by the oil
and gas, energy supply and mining sectors, but in relation to last year,
construction is the biggest loser, down 129%. This underlines that the
region was and still is affected by the economic situation in Europe.

Read the entire study here>>