KPMG: McDonalds raised Hungarian GDP by 153.4 billion HUF over 5 years
According to the KPMG’s impact study, McDonald’s total GDP impact in Hungary reached 153.4 billion HUF between 2014 and 2018.
Between 2009 and 2018, the company and its franchisees paid 82.6 billion HUF in various forms of taxes and contributions to Hungarian public finances, while they invested more than 27 billion HUF – the restaurant chain told MTI.
McDonald’s purchases a third of the products and raw materials used in its Hungarian units, primarily chicken, eggs, honey, onions, lettuce, tomatoes, ketchup, and some beef and packaging from domestic suppliers. (MTI)
Related news
Shoppers expect to spend 8% more on groceries this summer than a year ago, survey finds
The majority of people who took part in a recent…
Read more >KPMG helps NGOs succeed with professional advice and financial support
The winners of KPMG’s 16th year of Responsible Society Program…
Read more >ESG is not a campaign, it’s a strategy – The new face of sustainability in corporate communications
Environmental, social and governance (ESG) considerations are now not only…
Read more >Related news
Pick Szeged Zrt.’s profit decreased, but its sales revenue increased last year
Pick Szeged Zrt.’s after-tax profit in 2024 was 6.7 billion…
Read more >Heat from deep below: Hungarian geothermal energy is an untapped treasure
Although Hungary has excellent geothermal potential, thermal heat currently accounts…
Read more >An EU program to support the development of sustainable tourism has been launched in Szeged
An EU program with a total budget of 2.5 million…
Read more >