Agora Vision: Demand for Hungarian Products won’t drop in the future

Former Minister of Finance and university professor Csaba László believes competitiveness and productivity are very important for the economy. Hungary could improve in this respect. We aren’t doing very well in the big competitiveness rankings and the situation has gotten even worse in recent years.

Tamás Győr, head of SME division at CIB Bank stressed that in the domestic small and medium-sized enterprise category, there is less of a problem with sales revenue, but the bank sees a marked decline in demand and a drop in profitability.

In his presentation EY’s sustainability partner Ákos Lukács stressed that ESG reporting requires significant resources from companies. In particular it is the burden on financial managers that has grown considerably.

Gabriella Heiszler, president-CEO of SPAR Magyarország Kereskedelmi Kft. pointed out that customers have reacted to high inflation by cutting down on their consumption, and the recovery is very slow.

Journalist and war correspondent Hesna Al Ghaoui and Eisberg Hungary Kft.’s CEO Zoltán Gazsi talked in length about our fears, about struggle, anxiety, vulnerability and the increasing value of resilience in a rapidly changing world.

Then Zoltán Gazsi and Just Free founder Andrea Herczeg discussed new food trends. She told that people are really starting to spend more on free-from food, because unfortunately the number of food sensitive consumers is increasing.