Opten: production figures of domestic companies is improving
According to Opten, corporate finance reports for 2018 show a fundamentally positive picture of the Hungarian economy, with a significant increase in the productivity of companies based on revenue per employee, but the trend is no longer positive in terms of profitability.
One of the most spectacularly increasing indicators – as almost always in recent years – was sales per employee in 2018, according to the company information service provider. Headcount sales (net sales / average headcount) have been rising steadily for years, growing 38.7 percent in the last 5 years (median increased from 12,540 million HUF in 2014 to 17,393 million HUF) among companies with annual revenues of more than 10 million HUF. (MTI)
Related news
At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >Opten: The number of companies in Hungary may drop below half a thousand
A lasting and profound transformation is taking place in the…
Read more >Related news
Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >