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E-Mobility at the Doorstep of Domestic Logistics

D&T
Oct 31, 2024

In Hungary, e-mobility is mostly associated with the electrification of passenger vehicles, though it holds significant potential for the logistics sector, as well. It's no coincidence that major manufacturers are showcasing e-trucks and e-vans at international trade fairs, while, in Hungary, the market is only beginning to shape up in this area. A fresh study, […]

Hungarian SMEs Expect Profits to Rise, but Cautious

D&T
Oct 30, 2024

Domestic small and medium-sized enterprises (SMEs) are expecting rising profits, but are holding back, as their willingness to invest has declined, according to the third quarterly data of the K&H SME Confidence Index, which shows the expectations of domestic micro, small and medium-sized enterprises (SMEs) for the next 12 months. According to a statement sent […]

Provident Clients More Positive About Their Finances

D&T
Oct 29, 2024

Repayment of outstanding loans is less of a problem than before, and reluctance to borrow has eased, according to a survey by Provident Financial Ltd.'s among its own customers. The data also shows that with their financial situation feeling more stable, more people are willing to spend on things such as health care, which was […]

47% of Hungarian Firms Spend More on Employer Branding

D&T
Oct 19, 2024

The role of employer branding in the corporate sector to find and retain employees will continue to grow: 47% of companies surveyed will increase their employer branding budgets in 2025, despite the economic challenges, according to the Brandfizz Employer Branding Compass National Employer Brand Survey sent to MTI. The survey says only 7% of those […]

Firms Work Towards Climate Targets with Confidence

D&T
Sep 26, 2024

The vast majority of companies believe they can meet their climate change commitments, but for most it could take decades, according to a survey by Ernst & Young (EY), which has published its findings in a statement. According to the survey by the international consultancy firm, almost 70% of companies in Hungary are confident that […]

Inflation Has Taught Hungarians to Plan

D&T
Sep 4, 2024

The recent record high inflation rate has made Hungarians more financially aware, with more and more of them trying to plan their finances, according to Provident research. In fact, change is needed: Hungarians are still finding it difficult to navigate the world of financial products compared with their European counterparts. A recent survey by Provident […]

Low ESG-Awareness of at Many Hungarian Companies

D&T
Sep 4, 2024

A significant proportion of Hungarian companies are not aware of the environmental, social and governance (ESG) aspects they need to comply with, the biggest challenge for them is navigating the legislation and the lack of resources, according to an international survey published by Ernst&Young (EY). EY examined the conditions of ethical operation in 2024 by […]

Survey: More Savings, Less Credit for Hungarians

D&T
Aug 29, 2024

More and more people in Hungary have some money left over from their income at the end of the month, and fewer and fewer are forced to borrow from family, friends, relatives, financial institutions and financial service providers, according to a representative survey of 4,500 people commissioned by Provident Financial Ltd. However, recent data show […]

What Can Companies Do for Workplace Well-Being?

D&T
Jul 25, 2024

Is workplace well-being just a good-sounding concept, or is it actually a means of retaining the workforce? The latest research by No Fluff Jobs looked for the answer to what are the factors that can influence the development and satisfaction of employees, based on the experiences of IT and HR professionals. The report also reveals […]

Positive Changes in Financial Well-Being in Hungary

D&T
Jul 23, 2024

Compared to recent years, the financial situation of Hungarians has improved in several respects: the number of those who have some money left at the end of the month has increased and the number of those who have no savings has decreased, according to a representative survey commissioned by Provident Financial Ltd.'s parent company International […]

Deloitte: Financial Managers More Optimistic

D&T
Apr 9, 2024

Financial leaders in Central Europe are significantly more optimistic about 2023, with an improvement in the business environment in particular, but also a positive shift in other areas, according to a survey published by Deloitte on Tuesday. In a survey summarizing the views of Central European finance executives, Deloitte asked more than five hundred regional […]

1 in 3 Hungarian Cardholders Regularly Pay by Mobile

D&T
Mar 21, 2024

The digitalization of Hungarians using bank cards has continued to grow, especially in mobile payments and online shopping, but travel and spending abroad have also returned to pre-pandemic levels, according to the results of Mastercard's Bank Card Usage Habits and Attitudes survey published on Thursday. With a 97% bank card penetration rate in Hungary, the […]

EY Survey on the Impact of Global Tax Reforms

D&T
Jan 27, 2024

Global tax reforms are significantly changing the terms of transfer pricing, with companies most concerned about double taxation and inflation affecting the pricing of related party transactions in the long term, according to an Ernst & Young (EY) survey of large corporate executives in more than 40 countries, including Hungary. The international financial advisory firm […]

GKI Economic Sentiment Index at 18-Month High

D&T
Jan 22, 2024

According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the first month of the year household expectations improved significantly, while the outlook for the business sector deteriorated within the statistical margin of error compared to December. GKI’s economic sentiment index thus reached an 18-month high. Companies’ employment […]

German-Hungarian Chamber: Companies Not Very Optimistic

D&T
Nov 15, 2023

Businesses are not very optimistic about their prospects, which is also reflected in the fact that they are cutting back on their investment and employment plans, President of the German-Hungarian Chamber of Industry and Commerce (DUIHK), András Sávos, said on Wednesday at the presentation of the body's 2023 fall business survey. In the DUIK's survey, […]

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