K&H: most SMEs no longer expects a serious pandemic

By: Trademagazin editor Date: 2021. 07. 21. 11:21

For the rest of the year, 76 percent of micro, small and medium-sized enterprises expect a milder pandemic situation than in the spring, and a third do not expect a next wave in their business plans at all, K&H told MTI on Wednesday.

Within the K & H SME confidence index compiled in May-June 2021, the business decision-makers of 400 Hungarian-based companies with annual sales of 2 billion HUF were interviewed.

The research revealed that four out of five companies have already reached their previous level of operation or are almost there. Eighty-five percent of agricultural firms have already been able to recover, while 22 percent of businesses in the commercial and service sectors are still in the early stages of a reboot or don’t see when they can achieve their pre-pandemic performance. (MTI)