Chamber gets feedback on coronavirus impact from 15,000 companies

Conferences

More than 15,000 companies have participated in a survey of how the coronavirus is impacting their businesses conducted by the Hungarian Chamber of Commerce and Industry (MKIK), chamber head László Parragh said on public television on Tuesday, according to a report by Hungarian news agency MTI.

MKIK has processed about 9,000 of the responses, so far, and they show half of companies have some kind of plan for managing the crisis, Parragh said. These are mostly big, foreign-owned companies, while smaller, Hungarian-owned ones have no idea how to manage the impact of the pandemic on labor, he added.

About one-third of companies can operate with staff working from home, the survey shows.

Prime Minister Viktor Orbán had asked the chamber to survey members about the impact of the coronavirus on their businesses a week earlier to help the government shape a response targeted at the sectors hardest hit by the pandemic.

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.

Support the BBJ

Events