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 trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >Increasing company founding activity in the shadow of rising new procedures
There was a definite increase in the willingness to start…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >