Mazars: Hungary 3rd in Transactions in Region
Image by Shutterstock.com
The transaction market performed well in Central and Eastern Europe last year, with Hungary closing with the third highest total value in the region, according to international accounting firm Mazars, writes profitline.hu.
Hungary has a share of EUR 3.1 billion (almost HUF 1.2 trillion) of the regional market worth EUR 39.2 bln (almost HUF 16 tln).
Mazars emphasized that the weight of Hungarian private capital is increasingly important in the domestic M&A market, which was previously dominated by foreign and regional funds.
In terms of the total value of transactions, only Poland and Austria are ahead of Hungary, which, unlike other states, achieved an increase compared to 2021, largely due to the acquisition of Vodafone.
The weight of state-backed investment is indicated by the fact that the total value of domestic transactions increased fivefold year-on-year with the same number of transactions.
ADVERTISEMENT
POPIHN Raises Forecast for Fuel Consumption
Hungarian Lawmakers Ratify Finland's NATO Accession
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.
