Firms Say Corruption Integral Part Of Business In Hungary - Survey

  • 26 Feb 2015 8:00 AM
Firms Say Corruption Integral Part Of Business In Hungary - Survey
Corruption is part and parcel of doing business in Hungary, the heads of Hungarian large and medium sized companies said according to a joint survey by auditor EY and the Hungarian Chamber of Commerce and Industry (MKIK).

Despite this general view, the majority of companies do not consider corruption a source of danger and are not fully aware of its risks, EY Fraud Investigation and Dispute Services leader Ferenc Biró told a press conference.

The survey, conducted in the summer of 2014 for the fourth consecutive year, canvassed the heads of 311 companies operating in Hungary with more than 50 employees and annual turnover of over 250 million forints (EUR 818,000).

Source www.hungarymatters.hu

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