Report: Foreign firms see lack of transparency

Competition

The number of foreign companies operating in Hungary that are satisfied with the country’s transparency and its level of corruption is close to zero, an annual report by the German Chamber of Commerce and Industry (GCCI) reveals.

Companies surveyed by nol.hu believe that changes will be slow and the situation is not likely to improve for at least a few generations. Foreign – mostly German – companies participating in the GCCI survey found the lack of transparency in public procurement and corruption interconnected.

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