Some SMEs want to invest, others don’t

Following the nadir of early 2015, Hungarian SMEs became more willing to invest: 51 percent of enterprises plan some kind of development project – reveals K&H’s latest SME confidence index. Viktor Zoltán Kovács, the head of the bank’s SME marketing division informed our magazine that this increased optimism has to do with the European Union funding programmes which are to be announced soon. Still, the index is one of the lowest in its history. 26 percent of companies plan to purchase machinery and equipment, 21 percent intend to invest in IT development, while 12 percent wish to modernise their vehicle fleet. 46 percent of micro-businesses plan to realise investments; the same ratio is 56 percent among small businesses and 64 percent (up from 45 percent!) among medium-sized enterprises.