The money invested in festivals is well offset by economic growth
The festival business hes sped up in Hungary so much that the Budapest Economic University launched a research on the subject – mfor.hu wrote. According to the results, festivals now have a greater economic impact than the smallest industries.
A forint spent on festival support generates 2.2 forints in GDP – the Budapest Economics University (BGE) revealed in its survey. The details can be read in the Friday issue of Világgazdaság. (mfor.hu)
Related news
A new set of employee values is taking shape – or what does a “good workplace” mean today?
Randstad’s Workmonitor 2025 provides a comprehensive picture of how employees’…
Read more >EY: Brand loyalty is on the decline – almost only the price-value ratio matters
Consumers around the world are concerned about the rising cost…
Read more >The dark side of AI – who will stop the spread of deepfake?
Deepfakes, or fake images, videos, and audio generated by artificial…
Read more >Related news
(HU) A vendéglátóhely-nevek és a brit humor – A nap képe
Sorry, this entry is only available in HU.
Read more >Summer moves north: Scandinavian tourism grows by leaps and bounds
Summer heat and climate change are driving more European travelers…
Read more >