Hungarian Businesses May Close if the Situation Does Not Take a Drastic Turn

2023. január 05.

Daily News Hungary

The head of one of Hungary’s largest business associations expects a stormy economic year in 2023. The outlook for the beginning of the year in particular is uncertain. Increased energy prices may fully absorb by then, while demand is expected to further decline. As a result, many businesses may close down, restructure their entity, or shut down unprofitable divisions.