CEO Éva Palócz of economic think-tank Kopint-Tárki said at a press conference that exports were the principal motor of revenue growth among companies in Hungary that registered increasing turnover during the period 2003-2007.
Palócz remarked that Kopint-Tárki's survey of 63,000 companies in Hungary showed that 47.6% of the companies generated an increase in turnover in 2003-2007, while 47.8% of them sustained a decline in turnover during the period.
The Kopint-Tárki CEO noted that 4.5% of the companies surveyed recorded a more than tenfold increase in turnover in 2003-2007, adding that most of these companies were SMEs.
Regardless of company size, all companies that achieved more than average or exceptional growth relied on exports, Palócz pointed out. (MTI-Econews)