Construction companies in Hungary expect tighter margins in 2025

Citadella, Budapest. Source: National Hauszmann Programme/Nemzeti Hauszmann Program
Citadella, Budapest. Source: National Hauszmann Programme/Nemzeti Hauszmann Program

Around 52pc of Hungarian construction companies expect their profit margins to narrow in 2025, a survey of 400 businesses by industry association ÉVOSZ shows.

Only 11pc of the companies see their profitability improving. About 44pc of companies see their revenue declining, 22pc expect turnover to fall and one-third expect no change. Asked about their revenue in 2024, 48pc said turnover dropped and 26pc said it rose.

A lack of orders was the most cited problem by companies (82pc), followed by an unlevel playing field (52pc), uncertainty regarding business regulation (48pc), inflation (44pc) and red tape (44pc). Around 26pc of companies plan to make layoffs and 63pc expect to keep headcount unchanged.

Read also:

  • Thousands of Koreans disappear from Hungary in months – but there may be an explanation
  • Surge in housing in Hungary beats EU trends

Tags
OSZAR »