The productivity of the domestic firms is improving but still far from the EU
Although there are some positive trends, there are major differences depending on company size and sector, but the productivity of only 1-2 percent of the domestic companies can be considered as Western European level productivity.
“If we take a look at the European Union’s SME revenues and staff limits, it is clear that annual revenues of 200 thousand euros are calculated to one staff member in each segment. Unfortunately, the domestic economic environment is still far from this proportionate revenue although in the last 5 years there was a more than 20 percent development in case of the revenues per capita of “- Pertics Richárd, director of the Opten told.
Related news
Gradual transition: new EU regulation transforms the packaging market
The European Union’s new packaging regulation fundamentally changes the future…
Read more >Hungarian sweet corn remains at the forefront of Europe
The Hungarian sweet corn sector remains Europe’s leader in 2025,…
Read more >Producer prices in the euro area and the European Union increased in June, both month-on-month and year-on-year
Producer prices in the eurozone and the European Union rose…
Read more >Related news
Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >