Enterprise problems caused by coronavirus (COVID-19) in Hungary 2020

Published by Statista Research Department, Oct 28, 2024
As of March 2020, 72 percent of surveyed enterprises in Hungary experienced a decrease in demand due to the coronavirus (COVID-19). Another 35 percent of enterprises could not operate any longer because of the emergency measures that had been introduced in the country.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

In what way does the coronavirus (COVID-19) affect your company?

CharacteristicShare of enterprises
Decrease in demand (less customers, orders etc.) 72%
We need to shut down the company due to the emergency measures 35%
The ban on public events and shortened opening times hinder our business 21%
The enterprises we deliver to order less 19%
Import substitution is necessary 10%
Foreign factories and customers order less 8%
There is a lack of workforce 6%
Prices in the sector decreased, which caused a decrease in profitability 6%
The virus does not have any negative effects 2%
The foreign parent company reduced its orders 2%
Showing entries 1 to 10 (10 entries in total)
Created with Highcharts 7.2.2Share of enterprises72%72%35%35%21%21%19%19%10%10%8%8%6%6%6%6%2%2%2%2%Decrease in demand (less customers, orders etc.)We need to shut down the company due to the emergency measuresThe ban on public events and shortened opening times hinder ourbusinessThe enterprises we deliver to order lessImport substitution is necessaryForeign factories and customers order lessThere is a lack of workforcePrices in the sector decreased, which caused a decrease in profitabilityThe virus does not have any negative effectsThe foreign parent company reduced its orders
0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%

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Release date

March 2020

Region

Hungary

Survey time period

March 19-24, 2020

Number of respondents

2,982 respondents

Special properties

Representatives of enterprises

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