BUDAPEST: Almost two-thirds of Hungarian companies surveyed are planning investments in the next one to two years, with more than 30% of those looking to hire more employees and 10% – primarily in the agricultural sector – looking to invest in energy projects, UniCredit Bank said.
Approximately 80% of manufacturing companies are considering new investments, the survey reveals, while one-third of respondents want to make IT upgrades and 10% would like to invest in strengthening their export capabilities. Eight out of ten companies will use their own capital and 60% would like to apply for European Union funds, the survey finds.
Companies were for the most part optimistic: almost two-thirds expect their businesses to grow in the coming year. UniCredit Bank surveyed 820 managers from companies with annual net sales revenue not exceeding HUF 700 mln. The survey was not representative.
