Surviving centres – declining peripheries. Changing economic position of leading companies on NUTS 2 level in Hungary
The economic development of NUTS2 regions in Hungary can be evaluated in different ways. Their economic potential can be measured by total revenues of leading companies operating on their territories, and then by the number, profile and profit of these firms. The results of an analysis show close correlation between their geographical position and success (or failure) in business. Analyses are going on the basis of financial and statistical indicators published by different institutions and firms electronically or in printed version. The study also deals with a few regional effects of economic crisis burst in 2008. The conclusion is that the economic crisis had very serious effects on both the annual revenues and profits of the top firms settled in different NUTS2 regions. But the process has been started still in the first half of the 2000s and led to surviving centres (e.g. Central Hungary) and declining peripheries for now.