Hungarian companies risk much

By: trademagazin Date: 2010. 03. 12. 00:07

According to the last survey of Coface Hungary Credit Insurance Company; The majority of the Hungarian companies, do nothing to detect high-risk partners.

Last year, most of the companies faced with non-payments the growth of debt stocks and with the decreasing of turnover and more strict bank fundings, due to the impact of the crisis.
According to the latest analysis of Coface Hungary; the interviewed hundred Hungarian business leaders suffered mostly from market losses and non-payment. The most striking sign of the crisis is perhaps the decline in revenues; 40 percent of the respondents reported about turnover reduction.

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