Large companies are starting to get in the investment mood

According to K&H’s corporate growth index, 54 percent of Hungarian companies – non-state-owned firms with annual sales revenue above HUF 2 billion – are planning to realise some kind of investment project in the next 12 months. Patrick Van Overloop, senior managing director of business banking at K&H told: this proportion is a big step forward from the 34 percent a year ago. 27 percent of the planned projects are about technological development, 19 percent aim at increasing production capacity and 12 percent would improve sales and various processes. Although 66 percent of these companies won’t have bigger budgets for development than before, 29 percent said (instead of the 25 percent a year ago) that they would invest more in development projects. //