Tag "EOS"
Payment discipline in Hungary fell to the level of 2015
After an improving trend until 2019, the proportion of late payments and bad debts increased significantly as a result of the pandemic and the energy crisis. Exactly 76% of bills...
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EOS: Hungarians pay 78 percent of the bills on time
78 percent of bills are paid on time by Hungarian clients, 18 percent are settled late and 4 percent are never paid at all, which is consistent with last year’s...
Read moreEOS: about 8 percent of Hungarian companies’ revenue is from the collection of late debts
Last year, about 8 percent of companies’ revenues came from the collection of late debts. It is an increase of 2 percentage points, compared to 2017. According to EOS Group’s...
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EOS: Hungarians pay 77 percent of the invoices in time
77 percent of the accounts are paid in time by Hungarian customers, 19 percent arrives late and 4 percent is not paid at all, which corresponds to last year’s figures...
Read moreThe Hungarian companies issue invoice abroad more than the European average
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
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