Bankruptcy record expected
Compared to the same period of 2008 the number of insolvent companies increased by 25 percent according to Coface Hungary’s most recent analysis of this year's first quarter.
Every twentieth company can disappear
at the end of the year. The most vulnerable sectors are wholesale,
retail, construction, car trading, consumer electronics and
transporting. The energy industry and the telecommunications sector
is in a relatively safe position shows the most recent analysis of
Coface Hungary. A significant problem is that because of the crisis
there’s a reduction in demand for Hungarian goods in the European
Union.

Related news
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >