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Tech: the Driving Force Behind Acquisitions in Hungary

D&T
May 13, 2022

The technology sector remains the most popular investment destination in Hungary in 2021. Meanwhile, an increasing proportion of Hungarian companies are expanding abroad, according to a survey by the financial markets consultancy firm Ernst & Young (EY). In the past year, 132 deals worth a total of USD 4.64 billion were announced in Hungary. The […]

Hungarians Don’t Rush to Buy New Phones

D&T
May 8, 2022

Mobile phone manufacturers come out with new handsets every year, but it's as if the developer momentum ran out with no major new features coming with these updates. Older handsets serve the needs of the majority of people so well that even the two-year replacement cycle favored by operators is not widely adhered to. Hungarians […]

Almost 60% of Hungarians Plan a Domestic Holiday

D&T
May 3, 2022

Close to 60% of Hungarians are almost certain to spend a few days in a domestic holiday destination this year, while 47% will definitely not cross the border in the summer months, according to a representative survey by the insurance firm Generali that sent the results to the state news agency MTI on Tuesday. The […]

60% of Hungarians Are in Favor of Home Office

D&T
May 1, 2022

Two years after the start of the new coronavirus epidemic, the situation in Hungary in terms people working from home is similar to international trends. According to a survey by HR magazine Behaviour, employers also stick to hybrid working: 56.7% of respondents are likely to stay in this arrangement in the long term, the business […]

GKI Economic Sentiment Index at Its Three-Year Peak

D&T
Apr 25, 2022

In April, the economic sentiment index measured by the Budapest-based GKI Economic Research Co. jumped to its level in spring 2019, well before the COVID crisis. This level has only been reached in one month since the crisis, in October 2021. According to the empirical survey conducted by GKI Economic Research Co. with the support […]

Most Hungarians Think the War is Ukraine's Problem

D&T
Apr 21, 2022

Mexicans, Argentinians, Peruvians, Colombians and Chileans, for example, are more interested in what is happening in the country under attack than Hungarians, according to an international survey by Ipsos. Compared with the data from the countries surveyed, a much higher proportion of our fellow countrymen (28 percentage points higher than the international average) think that […]

Hungarians Want to Get Rid of Russian Energy Dependence

D&T
Apr 20, 2022

More than three quarters of Hungarians believe that the country should produce its energy needs at home and not depend on other countries, especially Russian gas, according to a recent opinion poll commissioned by Greenpeace and conducted by the Policy Solutions Institute and ZRI Závech Research in the last week of March. Greenpeace therefore expects […]

48% of Teleworking Hungarians Improved Their Homes

D&T
Apr 11, 2022

42 % of Hungarians who work from home at least one day a week are planning to renovate their homes to make their environment more suitable for telecommuting, and 48 % have already made some improvements for this purpose, according to a Hungarian survey sent to the state news agency MTI on Monday. The representative […]

Hungarians Continue to Trust the European Union

D&T
Apr 9, 2022

The perception of the European Union is basically positive both in the EU and in Hungary. Almost half of people in Hungary have a positive opinion of the EU, and just over one in seven have a negative opinion, according to the latest findings by Eurobarometer that regularly conducts public opinion surveys on behalf of […]

Construction Sector Expects Slowdown and Cost Increase

D&T
Apr 4, 2022

The Russian-Ukrainian war is also putting the construction industry in Hungary in a difficult situation, raising prices for domestic construction materials and making it impossible to import products, and slowing down construction work, according to the results of a recent sectoral economic survey. The President of the National Association of Construction Contractors (ÉVOSZ), László Koji, […]

The Reasons Hungarians Favor Online Shopping

D&T
Apr 3, 2022

The last two years have seen a surge in the popularity of online shopping. In a representative survey, eMAG, the online retailer, has found out who, what and why they buy on online marketplaces: 89% of the respondents spend at least a few times a year on marketplaces, and more than a third shop on […]

Hungarian Car Owners Insist on Their Vehicle

D&T
Apr 3, 2022

In Hungary, the car is still the most important means of mobility, two thirds of Hungarians cannot imagine their lives without it, a representative survey commissioned by Robert Bosch and conducted by Medián shows. As the financial news suite portfolio.hu reports, the just published survey that examined car ownership habits and attitudes towards electromobility shows […]

Mapei Hungarian Turnover Up by 22% in 2021

D&T
Mar 30, 2022

The turnover of Mapei Ltd., a distributor of building materials, increased in Hungary by 22% year-on-year to HUF 27.7 billion last year, and is expected to reach HUF 33 billion this year, up 19%. The company's managing director, Béla Markovich, presented the company's research on the shortage of construction professionals at a press conference in […]

Most Hungarian New Car Buyers Prefer Hybrid/Electric

D&T
Feb 1, 2022

When asked about future car purchases, 72% of Hungarian car buyers say they would choose either a hybrid or electric car. This figure is 44 points higher than the percentage of Hungarians who said they would buy a diesel or petrol vehicle (28%). More specifically, 37% would purchase a hybrid vehicle and 35% would opt […]

Best Selling E-Commerce Items in Hungary

D&T
Feb 1, 2022

Online sales of food, household goods and drugstore products grew by almost 45% in Hungary in the first nine months of last year, and this sector grew fastest in online retail in 2021, according to a research by GKI Digital Online Retail Big Picture. According to the summary sent to the state news agency MTI, […]

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