Companies with billion HUF revenues are deleted weekly
Although the vast majority of the deleted companies are micro-enterprises, we should not forget about the terminated large companies, that have a small number, but play more significant role in the economy.
“Although the companies’ career are generally not end suddenly, so it can be shown that a major part of the terminated companies were businesses with billions of revenues previously” – Pertics Richárd, director of business information at the Opten Kft said.
For example, in 2016, 41 companies were terminated that five years before had annual sales excessing more than 3 billion HUF. Among the 41 companies 8 companies were giga businesses with annual revenues excessing 15 billion HUF.
Related news
Company trends 2024: 11 thousand fewer companies: the company trends of 2024 in numbers
The number of active partnerships decreased by 11 thousand by…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >Opten: The number of companies may drop below half a million
The number of partnerships has been decreasing for two years,…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >