Tag "K&H"
Few companies profit from the opportunities created by digitisation
Only half of the Hungarian SME sector is active digitally and only every second enterprise has its own website. What is more, every third business tries to stay alive without any...
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Magazine: How can a family business be successful?
According to Ákos Ékes, family business specialist of K&H Bank, family-owned enterprises contribute nearly 50 percent of the country’s GDP. Thanks to their set of values and attitude, they are also...
Read moreSMEs started the year positively
The K&H SME confidence index is showing a strong growth, reflecting the positive expectations of the sector this year. The indicator is now at 8 points after a 6-point increase,...
Read moreOnly half of the Hungarian SMEs are active digitally
Only half of Hungarian SMEs are active digitally. Only every second business has its own website, and nearly every third company tries to survive without marketing – was said at...
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Finances: a preparation guide for next year
According to Balázs Toldi, head of Budapest Bank’s corporate customers business area, the bank provides a full scale of financial services to micro-, small and medium-sized businesses. 90 percent of the...
Read moreK&H: investment mood of SMEs is on a multi-year peak
The willingness of businesses to invest is on a three-and-a-half-year peak. Currently 62 percent of the CEOs are planning some kind of development. This ratio is even better in case...
Read moreThe domestic corporate sector has a stable future view
Based on the latest third quarter results of the K & H growth index, the stability of the largest domestic companies is clearly evident. In the following year, 2.3 percent...
Read moreLess profit could be left for SMEs
The domestic companies expect a 8.6 percent higher sales revenue than before and a moderate profit growth of 4.5 percent – according to the K&H SME confidence index research. Regarding...
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More than one third of the young people would work abroad
36 percent of young people aged 19-29 are planning to work abroad. However, there are significant differences between the sexes: half of the working men, while only 16 percent of...
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According to a survey people buy more with a credit card in the summer
The number of foreign bank card purchases grew by more than 30 percent in the summer, with a rise of nearly 32 percent in value. The value of domestic...
Read moreThe domestic market is of key importance for large companies
According to Patrick Van Overloop, the head of K&H’s corporate customer business line, domestic demand has always been important for large Hungarian companies (those with annual sales above HUF 2...
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K&H: it is time to modernize fruit plantations
The changes in the price of agricultural products for cereals and animal products did not surprise, but there is a very serious change in fruit and vegetables, which draws attention...
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K&H: Hungarian SMEs optimistic about revenues climbing
Hungarian SMEs expect their revenues to climb by 8.5% on average over the coming year, according to a survey by K&H Bank, quoted by national news agency MTI....
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SMEs say this is the best in being an entrepreneur
According to Viktor Zoltán Kovács, the head of K&H Bank’s SME marketing division, a survey conducted with the participation of 500 Hungarian SMEs found that entrepreneurs are most motivated by...
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The financial expectations of SMEs is on an eleven-year peak
The financial expectations of domestic SMEs have increased considerably, according to the K & H SME Trust Index research data. Analysts expect an average earnings growth of 8.5 percent and...
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K&H: more than third of young people have savings
More than third of the young people (between age 19-29) have savings, most of them are saving to buy a home – according to K&H’s quarterly survey. According to the...
Read moreK&H: agrarian companies do not exploit the opportunities to increase efficiency
The agrarian companies do not exploit the opportunities to increase efficiency, most of them are cutting costs and increasing production, but at the same time little attention is given to...
Read moreExport can pull the corporate sector up
Over the next year, the domestic large companies expect a 2.2 percent increase in sales and a 1.4 percent profit increase. This is a downturn compared to last year’s forecasts,...
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The domestic fruit and vegetable processing industry can expect a dynamic growth
The fourth largest branch of domestic food production is fruit and vegetable processing and preservation. The dynamic growth of the sector is in the hands of companies like Agrosprint, a...
Read moreK&H: the confidence of Hungarian companies decreased slightly
The confidence of the micro, small and medium-sized enterprises (SMEs) has weakened slightly, the K&H SME confidence index reflecting the companies’ expectations for a year now is down by two...
Read moreThe future may belong to the special diet trends
According to the Hungarian population, the difficulties caused by the weather may be the biggest challenge for agrarians in the coming years, but the lack of technological modernization and supply...
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K&H: The large companies are confident that growth will continue
75 percent of the Hungarian large companies expect short-term and medium-term growth and that the current favorable growth rate will remain in the performance of the economy. It is noted...
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Food consumption to be transformed drastically: meat will be eaten with meat
Food production is facing a serious challenge as food demand in the next decades may rise by 70 percent, while significant dietary changes occur. In the future, menu will be...
Read moreA new grain strategy has been formulated by professionals
The further expansion of the Russian and Ukrainian production, which already dominates the cereals market, threatens the export markets of domestic farmers. In order to preserve their traditional markets and...
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K&H: the proportion of businesses planning cafeteria dropped to nadir
The proportion of businesses planning cafeteria fell sharply, and in the next year, only a quarter of the SMEs intend to support fringe benefits – according to K&H’s SME Trust...
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More than 4.2 billion HUF amount expires this year is still on the Széchenyi Rest Cards
More than 4.2 billion HUF benefits that expire after 31 May are still on the Széchenyi Rest Cards – the card issuers told MTI. At the OTP Bank 3.2 billion...
Read moreThe 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....
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The SZÉP-card owners spent more in the first two months
Compared to last year the Széchenyi Rest Card owners spent more in the first two months of the year – the card issuers told MTI. The OTP Széchenyi Rest Card...
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The number of card-accepting terminals may increase with 25-33 percent
This year an explosive growth is expected in the number of card accepting terminals – privatbankar.hu wrote. In Hungary, credit card acceptance points appeared with the development of the dual...
Read moreK&H: agricultural enterprises expect growth
The majority of agricultural companies expect increase, their investment intentions are also stronger than the investment intentions of other companies, but they expect to face many challenges in the coming...
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