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Multiple debts and the elections
09-03-2006 finance/Atradius source: PeppeR
Multiple debts could be key economic issue of elections Atradius aims at long term development of the market Half of the growing number of insolvencies in Hungary is caused by the non-payment of one the key customers. Credit insurance however could be one of the efficient tools to pre-empt and reduce number of insolvencies and reduce risks and damages caused by the late or non paying customers, However, the number of signed credit insurance contracts is still very low in Hungary, hardly reaches 400. Atradius, celebrating it 10th year of presence in Hungary and the 1st. anniversary of its Budapest office boasts of about 15% of these contracts.
  Multiple debts could be key economic issue of elections Atradius aims at long term development of the market Half of the growing number of insolvencies in Hungary is caused by the non-payment of one the key customers. Credit insurance however could be one of the efficient tools to pre-empt and reduce number of insolvencies and reduce risks and damages caused by the late or non paying customers, However, the number of signed credit insurance contracts is still very low in Hungary, hardly reaches 400. Atradius, celebrating it 10th year of presence in Hungary and the 1st. anniversary of its Budapest office boasts of about 15% of these contracts.
 




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