Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it harder for companies to escape their debtors, but it will also give troubled companies more time to
A new factoring company, founded by two individuals with several years' experience in the field, has recently been approved by the State Financial Institutions Supervision (PSzAF)
While globally, business risk ratings in various segments of the world economy stabilized in the first quarter of this year, risk ratings in Hungary have been fairly volatile, according to a survey released last week by Coface Hungary Kft
Business risk in Hungary's vehicle manufacturing industry has risen, because of intense competition and weak prospects for growth on the global market, according to a survey by French credit insurance company Coface.