Survey: Hungarian companies look to investments
Almost two-thirds of Hungarian companies surveyed are planning investments in the next one to two years, with more than 30% of those looking to hire more employees and 10% - primarily in the agricultural sector - looking to invest in energy projects, UniCredit Bank said.
Approximately 80% of manufacturing companies are considering new investments, the survey reveals, while one-third of respondents want to make IT upgrades and 10% would like to invest in strengthening their export capabilities.
Eight out of ten companies will use their own capital and 60% would like to apply for European Union funds, the survey finds.
Companies were for the most part optimistic: almost two-thirds expect their businesses to grow in the coming year.
UniCredit Bank surveyed 820 managers from companies with annual net sales revenue not exceeding HUF 700 mln. The survey was not representative.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.