Tag "kkv"
The regulation is changing – GDPR strictness is being relaxed
The European Commission is planning to ease the GDPR for companies with fewer than 750 employees, recognising that the current regulation places a disproportionate burden on smaller businesses. Under the...
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A new step to strengthen SMEs, the National Champions loan program has been launched
The GINOP Plusz National Champions call for applications has been published, in which the “Single-operation Combined Loan Program Targeting Green and Digital Transition” will be launched with a budget of...
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Corporate innovation has gained momentum again – especially in the field of digital developments
The K&H innovation index increased by two points to 28 points in the first half of 2025. The indicator measuring the innovation activity of domestic companies with sales revenue of...
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group.one acquires MiniCRM, expanding its SaaS portfolio with a CRM solution specifically designed to support the success of SMEs
group.one has signed an agreement to acquire MiniCRM Zrt., including its Romanian subsidiary, MiniCRM Software SRL. MiniCRM is a leading CRM provider in Central Europe, specializing in small and medium-sized...
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For businesses to grow, expanding their credit portfolio is essential.
For businesses to grow, it is essential to expand their credit portfolio, stressed Zsuzsanna Lukács, Deputy State Secretary for Enterprise Protection at the Ministry of National Economy (NGM), on Tuesday...
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SME Strategies and Industrial Real Estate Market Responses in 2025
Hungarian small and medium-sized enterprises (SMEs) are struggling to survive in a challenging economic environment – balancing inflation, financing obstacles and investment pressure. The HAD Real Estate Business Brunch, held...
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Hungary’s first business reality show starts on June 3
The Joint Venture Association (JVSZ) has been helping the competitiveness of domestic companies by sharing knowledge for nearly four decades, and one of its key goals is the professional support...
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So far, 183 companies have received support in the 1+1 SME investment stimulus program
In the first round, 183 enterprises won a total of 19.2 billion forints in the Demján Sándor 1+1 SME investment stimulus support program – announced the State Secretary for the...
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The domestic SME sector is cautiously waiting
In the case of domestic small and medium-sized enterprises, we can speak more of adaptation than of an increase in confidence in the economy, based on the K&H first-quarter SME...
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AM: Hungarian food industry enterprises continue to develop
The Ministry of Agriculture (MA) considers it particularly important to support domestic, quality food production companies, and is therefore supporting the implementation of 94 additional investment projects worth HUF 5.7...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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....
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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...
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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...
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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...
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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...
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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...
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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...
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