Tag "kkv"

Palkovics: strengthening Hungarian-owned enterprises is the key

Strengthening domestically owned enterprises is essential for the effective relaunch and sustainable growth of the economy; the government supports local economic development efforts by a myriad of means, said the...

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K&H: companies are waiting for EU tendering opportunities

There has been a huge increase in interest from SMEs in EU tendering opportunities, the first quarter results of the K&H SME Confidence Index research showed. Four out of 10...

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SAP’s new SME-specialized software package is also available in Hungarian

Thousands of businesses in 90 countries now use SAP Business ByDesign, which will be available in Full Hungarian by 2021. This may be the best solution for businesses that are...

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Hungarian manufacturing companies can apply for €5 million

EIT Manufacturing, the European Institute of Innovation and Technology’s organisation supporting manufacturing technology innovations, is launching its regional innovation programme RIS (RIS) again this year. The aim is to increase...

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Sustainability tender helps the SME sector to recover economically

Generali Insurance is launching a tender for small and medium-sized enterprises in the areas of employee welfare, environmental protection and responsibility for micro-communities. SMEs can apply for projects that have...

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How are domestic companies preparing to open?

Nest Communications has carried out unrepresentative research involving 317 companies among hungarian SMEs with the professional cooperation of Visual Europe Group, one of the largest event technology companies in Hungary....

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Protecting intellectual property is one of the keys to competitiveness

In 2021, when the recovery of the economy is urgent, the essential economic role of SMEs and how these enterprises should use intellectual property rights to become stronger, more competitive...

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Optimism for SMEs strengthens, but investment is still cautiously planned

The negative impact of the epidemic appears to be slowly easing among domestic SMEs, as the number of people whose turnover has decreased compared to the second wave has decreased,...

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Factoring is becoming increasingly popular among SMEs as digital finance products are the future

Interest in digital financing products has grown significantly, as the crisis caused by the pandemic has had a strong impact on the liquidity of domestic SMEs. Since March 2020, the...

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2020 brought a multiyear leap forward in the financial digitalisation of enterprises

A bit more than one year ago Mastercard launched an infrastructure development programme called Doppio. Just a few months later the Hungarian government announced: from January 2021 retailers and service...

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Global State of Small Business Report

Small businesses are the unsung heroes of the global economy – creating jobs and growth in every country and helping to reduce poverty and income inequality. But they are facing...

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A restructuring information and communication technologies market

Tamás Laufer, president of the Hungarian Association of IT Companies (IVSZ) told: In just 5 years the direct and indirect gross value added (GVA) of the information and communication technologies...

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UPS: Continued Rapid Introduction of Services and Capabilities Supporting Customer Needs

UPS is moving quickly to introduce a wide range of innovative new services designed to extend our leadership position in developing technology solutions to help e-commerce and small and medium-sized...

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ITM: the strengthening SMEs is a high priority

The Ministry of Innovation and Technology (ITM) gives high priority to the strengthening of small and medium-sized enterprises (SMEs) – Szepesi Balázs, ITM Deputy Minister of State responsible for Economic...

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A strong confidence characterizes the SME sector

There is a good mood in the SME sector. The K&H SME confidence index, which shows the expectations of companies, is now 15 points after a slight decrease of 2...

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Hungarian businesses have discovered online marketplaces

GKI Digital’s estimation is that there are more than 4,500 enterprises in Hungary (mainly SMEs) that have some kind of connection with selling at online marketplaces. Net sales by these...

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Confectionery association asks for support for SMEs

The Association of Hungarian Confectionery Manufacturers has published a press release, which says that the Hungarian confectionery sector can only remain competitive and maintain its export performance if SMEs are...

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ITM: the Hungarian multi-program encourages the most promising domestic SMEs

The most promising small and medium-sized enterprises (SMEs) will be encouraged by the Hungarian multi-program, which will receive more than 13 billion HUF non-refundable grants in the third part of...

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The ITM will present the details of the adopted SME strategy on 5 November

The ministry has drawn up an SME strategy prepared by the government and the details will be presented on 5 November – György László, Minister of State of the Ministry...

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Magazine: Hungarian retail performed better than the EU’s average

Trade magazin interviewed László Krisán, CEO of KAVOSZ Zrt. – a company working in support of entrepreneurial development.  How does the concentration process of retail trade influence the operations of...

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Two Hungarian enterprises awarded the GREEN BRANDS seal

GREEN BRANDS are brands that have been honored with the GREEN BRANDS SEAL which make a major contribution to the environment. They have either made good on their promise of...

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Magazine: Economic Year Starter 2019: Risks, a new era and SMEs

At the end of January the ‘Economic Year Starter 2019 – The Limits of the Booming Economy’ conference was held in Budapest. Péter Banai, state secretary at the Ministry of...

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Shoppers motivate enterprises for development

Mastercard CEE’s SME Monitor study has found that every third small or medium-sized business in Central and Eastern Europe introduced card payment on customer demand. 60 percent of respondents said...

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Less optimistic Hungarian SMEs

According to K&H’s latest SME confidence index, small and medium-sized Hungarian businesses were 10 points less optimistic in the 3rd quarter of 2018 – the index was at 7 points....

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The promise of growth

Hungarian National Trading House (MNKH) Zrt. has announced its merger with its affiliate, the Hungarian Trade Development and Promotion Kft. and the new company will operate under the name of Hungarian Export...

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Technology isn’t important for its own sake, it is a competitive factor

Vodafone Hungary has launched its Ready Business Index, an online questionnaire that enterprises can use to measure their own and competitors’ digital development level. Our magazine asked István Király, Vodafone...

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Large companies also contribute to the digitalisation of the SME sector (Part 2)

How can large companies support SMEs in going digital? In the last few years banks also tried to convince customers to start using the latest technological solutions. The many online services...

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Magazine: Controlling the chaos (Part 1)

Trade magazin’s new monthly feature tries to help SMEs in building a profitable enterprise, with the help of business coach László Szilágyi, who has more than two decades of experience...

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Every third SME plans to recruit new workers

K&H’s SME confidence index is in the positive zone again: it is at 2 points at the moment. The expectations of medium-sized enterprises increased the most, from 4.5 points to 25...

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SMEs: an investment boom

The latest results of the K&H SME confidence survey have revealed that more than 70 percent of industrial and medium-sized companies plan to invest in development. Viktor Zoltán Kovács, the...

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