OPTEN: focus is again on liquidations
Technical stagnation in September, expected decrease in the number of companies in October. Moderate willingness to start a company, the number of new companies below the seasonal level. Again, the number of new liquidations is over 2,000, this year it may exceed 20,000. The number of postponed cases due to the epidemic is decreasing, the current economic situation will be the main cause of liquidation procedures. The number of individual businesses is increasing.
Based on OPTEN’s data, the company trend was characterized by technical stagnation in September, but a larger movement is already visible in October, which brings with it a decrease in the number of companies. The relationship between company foundings in the examined month and closures in the preceding month determines the development of the number of companies. The company foundings in September slightly exceeded the closings in August, so a technically negligible increase in the number of companies can be seen, which rather means stagnation.
“This year, there was no month where company creation approached 3,000 at all, and I don’t think it will approach in October – there was only one month where it exceeded 2,500 (March) – and since the terminations remained small in September just away from 3,000, I find it difficult to question the decrease in the number of companies for October”
– said Csaba Alföldi, OPTEN Kft.’s company information expert.
Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >Opten: The number of companies may drop below half a million
The number of partnerships has been decreasing for two years,…
Read more >Generational change is increasingly a concern for Hungarian businesses
Surveys in recent years have shown that while Hungarian private…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >