Report: Investment of large enterprises decrease
The intention of large enterprises to make investments has significantly decreased, while only one-third of them are planning to carry out company developments in Hungary next year, K&H Bank announced in a press release today.
“In one year, the proportion of companies that are not planning to carry out any company developments increased from 45% to 65%”, said Peter Roebben member of the executive committee at K&H Group. According to Roebben, the number of companies that are not planning to apply for long-term loans has also increased from 54% to 59%.
The report, however, noted that the most significant investment activities are expected from companies operating in the western-Hungarian region, 27%, while in the Budapest and eastern-Hungarian region, the investment is expected to be around 21% and 17%, respectively.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.