GF Faktor targets factoring turnover of HUF 10 bln this year

Telco

Hungaryʼs GF Faktor, a member of the German financial firm Grenke group, expects its turnover to rise to HUF 10 bln this year, exceeding last year’s HUF 5 bln growth, the factoring company told Hungarian news agency MTI.

In the mid-term, GF Faktor aims to raise annual turnover to HUF 20-30 bln, the news agency noted.

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