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
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >