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
At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Opten: The number of companies in Hungary may drop below half a thousand
A lasting and profound transformation is taking place in the…
Read more >Quiet reorganization on the entrepreneurial map – the number of partnerships decreased further in April
In April 2025, the slow restructuring of the domestic entrepreneurial…
Read more >Related news
Retailers protest against the reduction of deposit return fees
The National Trade Association (OKSZ) was shocked to learn that…
Read more >The European Commission has adopted a recommendation on voluntary sustainability reporting by SMEs
The VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small…
Read more >Despite the weakening seen in recent days, the forint can be proud of its performance this year
Since last Friday, the forint has been the worst performer…
Read more >