Foreign-owned Firms Accounted for 49% of Value Added in 2020
Image by Shutterstock.com
Businesses controlled by foreign owners accounted for close to 47% of the value added in Hungary's economy in 2020, state news wire MTI reports, citing preliminary data compiled by the Central Statistical Office (KSH).
The ratio edged down from 49% a decade earlier.
Foreign-owned businesses made up 49% of total corporate revenue in Hungary in 2020, down from 52% in 2010.
The foreign-controlled companies accounted for around one-quarter of headcount and 43% of gross corporate investment in 2020.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
