The competitive position of SMEs may improve

The K&H SME confidence index interviewed half thousand domestic SMEs about how their competitive situation may occur this year, compared to their competitors.

The market position of SMEs may strengthen. A quarter of the businesses believe that they can improve their competitive position within a year – the latest data of the K&H SME confidence index research reveals. The pick-up is much needed, as Hungary is just in the middle of the field in the World Economic Forum’s competitiveness rankings, while among the Member States of the European Union Hungary is in the bottom of the rankings.