Businesses renting out shops in shopping malls are having serious problem

By: Trademagazin editor Date: 2021. 03. 19. 11:50

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Fewer and fewer Hungarian fashion and other retail and catering businesses operating in shopping malls are able to pay rents – the Association of Tenants’ Interests (BBÉE) called attention in a statement – Index wrote.

The organization emphasized that companies have been using their reserves for months, and the survival of Hungarian-owned SMEs is not helped by capital-intensive international companies. According to the advocacy association, they need government help to survive and retain employees. (index)