Foreign-owned Firms Accounted for 49% of Value Added in 2020
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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.
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