Opten: The number of companies in Hungary may drop below half a thousand
A lasting and profound transformation is taking place in the Hungarian corporate sector: while nearly half a million partnerships were still operating in May, the number has been continuously decreasing for twenty months, according to OPTEN’s latest company trend analysis. The process affects micro-enterprises the most sensitively and points towards a more concentrated, structured economic model.
Gradual restructuring
In recent years, the gradual tightening of the economic environment – especially in taxation, regulation and energy prices – has had an adverse effect on the survival of companies. The consolidation that began in the late 2010s was temporarily halted by the pandemic, but the delayed market cleansing is now taking place at an accelerating pace. As a result of the amendment to the KATA, inflation and the increase in administrative procedures, three-quarters of businesses are not closing voluntarily, but due to external pressures.
Disappearing micro-enterprises
Over two years, more than 16,000 micro-enterprises with 1–9 employees have disappeared from the market. This has serious consequences for the economic structure, as this group represents the backbone of domestic enterprises. In contrast, the number of companies with more than 10 employees increased by nearly a thousand in the same period. This trend points towards the concentration of the economy and the strengthening of larger players.
Geographical differences
The Opten–CFI (Company Fluctuation Index) was 15.02% nationwide in May. The highest movement was seen in Budapest (21.67%), Borsod-Abaúj-Zemplén and Szabolcs-Szatmár-Bereg counties, while the lowest fluctuation was experienced in the Tolna, Bács-Kiskun and Komárom-Esztergom regions.
A qualitative turnaround or a dangerous decline?
“Behind the decreasing number of companies, a picture of a more responsible, more concentrated economy emerges, but this transition also involves natural losses,” said Csaba Alföldi, company information expert at OPTEN. The key question for the future will be whether the businesses that remain will be able to develop sustainable operations through innovation and adaptation.
Related news
KSH: the gross average salary was 708,300 forints, 9.8 percent higher than a year earlier
In April 2025, the average gross salary of full-time employees…
Read more >Liz Truss: We need to return to more realistic trade
We need to return to more realistic trade based on…
Read more >K&H: Hungarian economy could grow by 2.5-3 percent next year
Based on the current, uncertain outlook, after the 0.5 percent…
Read more >Related news
In the wake of “shrinking products” – Hungary leads the way in shrinkflation regulation
DLA Piper’s latest report, the International Shrinkflation Guide, provides a…
Read more >Changing tastes, growing challenges – We can prepare for such a beer year in 2025
Although the domestic beer market expanded by 2.8% in 2024,…
Read more >There are problems on the chocolate front
While we pay more and more for premium chocolates, most…
Read more >