Microventures Can Get Stronger After Recession

By: Gyarmati Orsolya Date: 2020. 06. 25. 08:10

Hungarian small ventures could handle the recession caused by COVID-19 much better than expected. Due to Erste Bank, a quick recovery of the sector is on the way, based on account data .

Small ventures adapted well to the crisis. According to Erste Bank, even the smallest businesses came out well even in the most affected sectors. Microventures suffered only a moderate fallback even in those sectors in which the revenue of bigger businesses was almost entirely nullified.