The domestic market is of key importance for large companies
According to Patrick Van Overloop, the head of K&H’s corporate customer business line, domestic demand has always been important for large Hungarian companies (those with annual sales above HUF 2 billion), but in the last year and a half the importance of the domestic market increased considerably. 63 percent of companies’ decision-makers think Hungarian buyers are the most important in the company’s profitability. Changes in the exchange rate of the forint and inflation have an increasing influence on the profitability of firms. //
Related news
Fruit yogurt has become cheaper, but the price of orange juice has gone up
The prices of products frequently consumed by children have increased…
Read more >K&H: middle-aged Hungarians are more shy, despite their higher income
The income of middle-aged people shows a gradual increase over…
Read more >Pessimistic retail sector, with expansion intentions
Tibor Bodor, the head of K&H Bank’s corporate division gave…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >