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Chamber membership declines

Competition

Some 555,000 companies paid their annual business chamber registration fees in 2014 – a decrease from the 595,000 paid the preceding year – Hungarian business daily Világgazdaság reported today, citing Hungarian Chamber of Commerce and Industry (MKIK) Chief Secretary Péter Dunai.

Despite the decrease, Dunai is satisfied with the results, taking into consideration that there are approximately 600,000 companies operating in the country, excluding food and farm businesses.

Hungarian companies have been required by law, since 2012, to register with their local chamber of commerce and pay an annual registration fee.

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