According to Opten, the number of “billionaire” companies in Hungary has been growing dynamically for years. In 2011 there were only 6,500 such firms in the country, but in a few years their number has increased by more than 50%.
While the number of large foreign-owned companies is stagnant or has barely risen from year to year, the number of domestic-owned companies is growing at an accelerating rate, Opten’s data suggests.
Compared to the 2017 reports, the 2018 data includes more than 1,000 new purely domestic companies with a turnover of more than HUF 1 bln.
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