Tag "kkv"
GVH: supporting the SME sector is a good direction in the new artificial intelligence strategy
The renewal of the artificial intelligence (AI) strategy is in line with the proposals of the Hungarian Competition Authority (GVH) on several points, and supporting the SME sector is a...
Read more
This year’s call for applications for the European Enterprise Development Award has been published
This year’s call for applications for the European Enterprise Promotion Awards has been published, and the Ministry of National Economy (NGM) is waiting for applications for creative, innovative and unique...
Read more
The international Generali also awarded a Hungarian SME: the company that developed the composting robot is a pioneer in urban circular farming
The sustainable transition of European SMEs could be more effectively supported by simplifying the regulatory framework, introducing tax incentives and introducing targeted financial solutions, according to a White Paper prepared...
Read more
NIÜ: applications are open again for the call to support the innovation capacity of SMEs
Applications are now open for the GINOP Plusz call for proposals to support the innovation capacity of small and medium-sized enterprises (SMEs), which is co-financed by the European Union, the...
Read more
Industrial condominium as an investment – is the sector on the verge of new momentum?
Hungary’s industrial real estate leaders gathered for the first time at the HAD Real Estate Business Brunch, organized by the HAD Group, to discuss the future of the sector, the...
Read more
Cautious optimism: this is how domestic SMEs manage their finances and digitalize
Hungarian SMEs are planning cautiously: while the economic environment holds challenges for them, digital solutions are playing an increasingly important role in their operations. According to the research, the demand...
Read more
Declining number of companies, slowing closures – where is the Hungarian entrepreneurial sector heading?
The number of partnerships has already decreased by more than 2,000 this year. Although the GKI business confidence index showed an improvement, the number of businesses does not yet reflect...
Read more
Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a number of challenges: high interest rates, inflationary pressures, geopolitical uncertainty and supply chain disruptions will all make it difficult to...
Read more
New opportunities in the insurance brokerage market: historical changes in the Széchenyi Card Program
Thanks to the cooperation of the Ministry of National Economy, the Association of Hungarian Insurance Consultants (MBTSZ), and Garantiqa Hitelgarancia Zrt., the opportunity to participate in the Széchenyi Card Program...
Read more
Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a number of challenges: high interest rates, inflationary pressures, geopolitical uncertainty and supply chain disruptions will all make it difficult to...
Read more
Elek Nagy, President of MKIK, discussed the use of artificial intelligence by SMEs with László Palkovics, Government Commissioner
This morning, Elek Nagy, President of the Hungarian Chamber of Commerce and Industry (MKIK), and László Palkovics, Government Commissioner for Artificial Intelligence, held a discussion on the possibilities of the...
Read more
Sándor Demján Program – Is it really effective support for the SME sector or a state crutch?
Hungarian small and medium-sized enterprises (SMEs) play a significant role in the functioning of the economy, employing around 70% of the workforce, while their GDP contribution still lags behind that...
Read more
ESG sustainability is increasingly important for domestic SMEs
Sustainability and corporate governance (ESG: Environmental, Social, Governance) aspects are gaining increasing importance among Hungarian small and medium-sized enterprises (SMEs). This is supported by the ESG survey conducted by the...
Read more
Many small businesses could miss out on the individual exemption if they don’t act on time
The threshold for individual VAT exemption increased to HUF 18 million from January 1, but entrepreneurs must declare by February 28 if they want to take advantage of the opportunity....
Read more
Historic interest rate reduction in the Széchenyi Card Program! The banking sector and KAVOSZ take on a new role for the development of SMEs
With the active participation of KAVOSZ Zrt., in close cooperation with the domestic banking sector and the Government, the interest rates of the specified schemes of the Széchenyi Card Program...
Read more
Tens of thousands of domestic companies must comply with ESG rules this year
According to the ESG Act, this year only listed companies and next year all other large companies must prepare sustainability reports. However, the information in the reports must also cover...
Read more
K&H: A rain of money is expected, but it doesn’t matter where the money ends up
Over the past five years, the number of SME bank accounts at K&H has increased by nearly 8 percent, to more than 118 thousand. At the financial institution, businesses can...
Read more
K&H: Despite their stable situation, slight pessimism prevails among Hungarian SMEs
The K&H SME Confidence Index, which shows the outlook for domestic SMEs, returned to its summer state in the last quarter. Based on the research results, it seems that the...
Read more
GKI analysis: Don’t let anyone else do the work for you
An often-mentioned element of economic competitiveness is exportability. If a company’s products can be sold abroad at a good price (e.g., products of domestic pharmaceutical manufacturers), this improves the operation...
Read more
The government launches a new digital development program to increase the competitiveness of SMEs
The government is launching a new labor market program with 2 billion forints to develop the digital infrastructure of enterprises. The support can increase the competitiveness, market share, and employee...
Read more
GKI: Large investments supported by the government are destroying the local labor market
The Hungarian government has announced several large investments in recent years as part of the country’s reindustrialization. These include CATL and BMW in Debrecen, BYD in Szeged, and the battery...
Read more
Small and medium-sized businesses will receive great support this year
The Hungarian government is supporting small and medium-sized entrepreneurs to an unprecedented extent this year, announced Tamás Menczer, a Fidesz-KDNP member of parliament, on Tuesday at the opening of the...
Read more
NKFIH launches project to stimulate SMEs
A new project of the National Research, Development and Innovation Office (NKFIH) encourages micro, small and medium-sized enterprises to develop professionally, innovate, and expand economic relations and research areas, the...
Read more
Company trends 2024: 11 thousand fewer companies: the company trends of 2024 in numbers
The number of active partnerships decreased by 11 thousand by the end of 2024. More than 35 thousand companies ceased to exist last year, while the number of new company...
Read more
The new publication of the Hungarian Institute of Industrial Economics, supporting SMEs, focuses on the circular economy
Environmental problems related to industrial production and waste management are one of the biggest challenges on our planet: in Europe we produce 2.2 billion tons of waste per year, but...
Read more
Business-tailored halls help SMEs develop and grow
RaktárAD, a logistics developer with a Belgian-Hungarian ownership background, has opened a new chapter in the Hungarian industrial real estate market for SMEs. In 2024, it launched the construction of...
Read more
Is crisis management really the most important skill in the business world?
In mid-November, at a conference on corporate digitalization, speakers presented case studies to show how the economic life of SMEs is evolving in the face of constantly changing trends, from...
Read more
ESG: why is everyone only talking about large companies?
ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...
Read more
SMEs can apply for HUF 48 billion in non-refundable equipment purchase support
Micro, small and medium-sized enterprises can apply for 48 billion forints of non-refundable support for equipment procurement and technology development within the framework of the Sándor Demján “1+1” SME Investment...
Read more
Equilor’s latest book helps small investors navigate the world of options
The latest member of the educational book series of Equilor Investment Co., Ltd., has been published, the book entitled “Options”. The fourth member of the book series introducing basic financial...
Read more