Only about 14% of Hungarian SMEs and microbusinesses have outstanding loans, according to a survey by BellResearch commissioned by Budapest Bank. Overdrafts account for about 46% of the credit, and charges to the Széchenyi Card, a state-supported credit card for small businesses, make up 19% of the total. The survey was based on data from 555 companies with annual net revenue under HUF 300 million.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
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