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
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >