Intrum: the European recession is the biggest threat according to Hungarian companies

By: Trademagazin editor Date: 2020. 10. 29. 11:27

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As a result of the coronavirus pandemic, the recession at European level is considered by Hungarian companies to be the biggest revenue-threatening factor, for which receivables are a growing problem; however, no spending cuts are planned in response to the downturn, according to a survey by Intrum’s receivables manager. The results were sent to MTI on Thursday.

Intrum prepares its European Payment Report every year, for which this year it collected data on their financial operations from 10,000 companies in 29 European countries and 445 companies in Hungary between February and May. (MTI)