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, […]

Hungarian companies are becoming more future-conscious, but their motivation is different from that of foreign companies, according to a recent survey conducted by Siemens Plc. More than half of the surveyed companies have a sustainability system or policy. Four out of five industrial companies in Hungary use the help of a sustainability expert to achieve […]

Three quarters of micro and small businesses would be willing to try, and one third of them would even pay for, a useful artificial intelligence solution, according to Magyar Telekom's latest research targeting micro and small businesses. According to the summary sent to MTI on Tuesday, only 2% of respondents have never heard of artificial […]

CEOs of the world's largest companies remain optimistic about the global economy's growth prospects, but their confidence in their own company's growth has declined, while geopolitical and political uncertainty has been ranked as the top risk to economic growth, according to a global survey by KPMG sent to MTI. The global consultancy's ninth KPMG CEO […]

After a slowdown last year, the growth of assets under management at domestic private banking service providers has picked up again this year, exceeding HUF 8,600 billion by the end of June. However, the growth of customer accounts does not show such a positive picture. Domestic providers remain pessimistic about the risks to private banking […]

The monthly repayments are the main factor that Hungarians look at when considering whether to take out a loan to finance their plans. And for those who have been granted a loan by a financial institution in the past year, the total cost of the loan and how easy it was to borrow are the […]

More than three quarters (77%) of EU citizens think climate change is a very serious problem at this moment, according to the latest Eurobarometer climate change survey. 61% of Hungarians respondents say they have taken action in the past six months to fight climate change. A majority of Europeans think that the European Union (56%), […]

The business sentiment index regularly measured by the National Bank of Hungary (MNB) rose to -8 points from -10 in the previous month, the institution has reported on its website. The current situation index rose from -28 to -23 points in May, while expectations fell from +9 to +7 points, the lowest in 5 months. […]

A significant proportion of company managers see sustainable operations as a value, not just a cost, K&H told MTI on Tuesday. According to their survey, environmental impact remains an important aspect in companies' assessments, despite the fact that it has been somewhat overshadowed by economic difficulties. The largest companies are particularly active, with 54% of […]

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 […]

The innovation activity of Hungarian companies has not changed in the past six months; K&H's index measuring this stagnated at 28 points on a scale of up to 100, which means that Hungary's gap with the largest innovator countries and the EU average has increased, but digitalization has strengthened, Balázs Németh, head of innovation at […]

According to Reacty Digital's annual online retail survey, domestic online retail sales reached HUF 1,378 billion in 2022, with a more moderate growth of 8% compared to recent years. In a summary sent to MTI on Tuesday, it was reported that during the coronavirus outbreak, due to the closures, more people shopped online more often […]

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% […]

Companies that view their employees as partners and work with them to create sustainable work models that enable employees to get the best out of themselves are the ones that can succeed, according to Deloitte's Global Human Resources Trends 2023 research, the results of which were released to MTI. The business and management consulting firm […]

Nearly three quarters of firms with 20 or more employees expect to raise prices in the near future. More than a third of the companies planning to raise prices expect a 6-10% increase, slightly more than a quarter of them expect an 11-15% increase, and a fifth of them expect a 1-5% increase. Presenting the […]