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Company Revenues Could Rise Above Inflation This Year

D&T
Feb 16, 2024

According to the fourth quarterly survey of the K&H SME Confidence Index 2023, which indicates the expectations of micro, small and medium-sized enterprises in Hungary for the upcoming period, the turnover of companies may again rise above the annual inflation rate this year, K&H told MTI on Friday. The bank has been continuously compiling the […]

Stable Employment in The Small Business Sector

D&T
Jun 21, 2023

Employment in the small and medium-sized enterprise (SME) sector is stable, and 7 out of 10 of the companies concerned are preparing to raise wages, by an average of 9%, K&H said on Wednesday, based on its latest SME Confidence Index research. They added that the survey indicates the expectations of micro, small and medium-sized […]

Digital Transformation Important for Hungarian Firms

D&T
Jun 16, 2023

The majority of companies operating in Hungary are focusing on digital transformation, and only 34% of them do not consider it a significant challenge. K&H's innovation survey, the results of which were communicated to MTI this Friday, measured the most significant increase in the use of machine learning, especially in personalized offer, service and product […]

SMEs Continue to Rely on EU Funds

D&T
May 24, 2023

Uncertainty surrounding EU tenders has only slightly dampened the confidence of companies, with around half of them still considering it realistic to obtain such funding, K&H told MTI on Wednesday, based on the first quarter results of the Hungarian Micro, Small and Medium Enterprises (SME) Confidence Index. K&H has been compiling a quarterly SME confidence […]

Environmental Impact Can Be Reduced by Cutting Costs

D&T
May 3, 2023

Hungarian medium and large enterprises are aware of the importance of sustainability requirements, but in the unfavorable economic environment, companies are primarily focusing on reducing their costs, which indirectly reduces their environmental impact, according to a research based on the K&H Sustainability Index, the results of which were released to MTI on Wednesday. Around 60% […]

Barely Half of Young Hungarians Have Savings

D&T
Apr 7, 2023

According to a survey conducted by K&H Group in the first quarter of this year, 49% of young people aged 19-29 in Hungary had financial reserves, compared to 56-60% in previous quarters. Results of the K&H Youth Index, which examines the financial situation of young people, suggests that nearly 38% of young people with savings […]

Large Companies Expect Less and Less Profit

D&T
Mar 21, 2023

Large companies do not expect sales and profit growth this year. Companies have been expecting declining profits for more than a year, which has now reached a negative record, and the expected change in sales is also negative, according to the K&H large company growth index sent to MTI on Tuesday. On average, companies expect […]

Slight Improvement in SMEs' Profit Expectations

D&T
Feb 27, 2023

The earnings expectations and investment intentions of micro, small and medium-sized enterprises in Hungary improved slightly in November last year compared to the previous quarter, while their sales forecasts stagnated, according to the latest survey of the K&H SME Confidence Index. According to a K&H statement sent to MTI on Monday, the survey summarizing expectations […]

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