Portfolio: 77 companies linked to Russia opened in Hungary since the end of February 2022
BUDAPEST, January 30 – RIA Novosti. According to the Hungarian portal, there are 671 companies affiliated with Russia in Hungary, of which 77 – about 11% – have been registered since the end of February 2022. portfolio.
According to the Opten business database, there are currently 671 companies operating in Hungary, one of which is owned by an economic entity linked to Russia or a Russian citizen. According to the publication, the latest revenue data are available for 2021, when the profits of 24 companies exceeded 500 million forints ($1.4 million).
“The influx of Russian companies to Hungary has been constant, after the coronavirus epidemic, about 50-60 companies are established in connection with the country every year. It is interesting after February 24, 2022 … 77 Russian beneficiary companies were established. That is, % of all enterprises operating in the past. “More than 11 of them appeared in Hungary in 2018.”
The publication notes that the pace of opening new Russian businesses in 2023 is slow: by January 27, only three companies were registered.
The results of Russian companies in Hungary in 2022 will be known after 31 May, when the deadline for submission of reports expires.
In December, Népszava newspaper reported, citing a report from the European Commission, that the amount of Russian assets frozen in Hungary reached 870 million euros in November, up from just 3,000 euros a month ago. Hungarian Prime Minister Gergely Guiyash said that most of the Russian assets frozen in Hungary are funds of Sberbank, which left the European market in March.
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