Tag "kkv"
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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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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GKI analysis: Small but strong: the situation of Hungarian SMEs
In the past two months, the government has made strengthening small and medium-sized enterprises its flagship in the framework of the new economic action plan. The government has not had...
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Generational change is increasingly a concern for Hungarian businesses
Surveys in recent years have shown that while Hungarian private businesses are addressing the issue of generational change, they are not doing so with the weight that is appropriate for...
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A program supporting teachers and a wool processing company won the Generali EnterPRIZE 2024 application
The serious crises of recent years present challenges to European small and medium-sized enterprises in everyday life and in the economic environment: the joint research of Generali with Bocconi University...
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KKV Park opens in the Southern Economic Zone of Debrecen
Small and medium-sized enterprises will soon be able to use the SME Park in Debrecen’s Southern Economic Zone, the first phase of which was supported by the government with HUF...
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Gergely Suppan: the economy can be on a higher growth path
The Hungarian economy can be on a higher growth path from 2025, said the leading economist of the Ministry of National Economy (NGM) on Friday on the current channel M1....
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Unclear start, clearer continuation – The benefits of ESG are slowly emerging
The number of people interested in the new ESG regulation, which came into effect in January, is increasing beyond the scope of obligations, including among small and medium-sized enterprises. In...
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The Night of Modern Factories event series is becoming more and more successful
The national online and live event series The Night of Modern Factories is becoming more and more successful, this year 98 businesses from different regions of the country have already...
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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises
The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...
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VOSZ: minimum wage of 1,000 euros and an average salary of 1 million
Under the current circumstances, employers cannot generate and pay for the wage cost increase resulting from wage increases at a forced pace, which is far removed from productivity and cannot...
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Small and medium-sized enterprises have an important role to play in economic recovery
In the coming years, small and medium-sized enterprises (SMEs) will play an important role in economic recovery, and the government is therefore opening up new financing opportunities for them –...
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The proportion of non-performing loans in agriculture decreased
In agriculture, the ratio of non-performing loans (NPL rate) decreased in almost all sub-sectors compared to the same period of the previous year. The NPL rate of enterprises active in...
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The Széchenyi card program is still decisive in the financing of SMEs
The role of the Széchenyi card program is crucial in the financing of domestic small and medium-sized enterprises (SMEs), which is also confirmed by the statistics of the Magyar Nemzeti...
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