ADVERTISEMENT

Ukraine Crisis: Most Hungarian companies expect war to impact business

Ukraine Crisis

Around three-fourths of Hungarian companies expect the war in Ukraine to affect business negatively, state news wire MTI reports citing a survey by economic research institute GKI shows.

Around 26% of companies expect a "very negative" impact on business and 46% a "moderately negative" impact. About 27% don't expect the war to have a "tangible effect" on business for the time being. 

Industrial companies have the biggest concerns, while companies in the construction and commerce sectors are less concerned.

About 57% of companies in business services don't expect the war to have much of an effect on business.

The survey of 742 companies, with a headcount of at least 10, was conducted on March 4-18.

Number of Doctors per 10,000 Inhabitants Reaches 44 Figures

Number of Doctors per 10,000 Inhabitants Reaches 44

Viktor Orbán Visits Donald Trump in Florida Int’l Relations

Viktor Orbán Visits Donald Trump in Florida

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss Deals

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

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.