K&H: companies step on the brakes, little investment expected next year

By: Trademagazin editor Date: 2020. 09. 29. 11:22

The willingness of companies to invest, which can be said to be stable so far, has faltered, and they expect significantly less development in the next 12 months – this is evident from the latest data of the K&H corporate growth index. Currently, only one in three companies is planning to invest, and one in five is specifically planning to reduce the amount spent on it. Developments can be realized in the largest proportion of companies with a turnover exceeding 10 billion HUF per year and in the industry and construction industry.

According to the data of the KSH published in August, in the second quarter of 2020 investments in the national economy continued to decline in the third quarter, as it fell by 9.9 percent year-on-year. And the restrained investment activity can continue for a long time based on the planned developments of large companies.