ADVERTISEMENT

K&H survey: SMEs increasingly optimistic

Analysis

Despite the pandemic, small- and medium-sized enterprises are increasingly optimistic about the next year, K&H said, citing its first-quarter research, according to origo.hu.

According to the survey, the SME Confidence Index rose by five points to 14 points by early 2021, approaching the 17-point all-time peak last measured in 2019.

K&H explained the improvement by stating that entrepreneurs generally have a positive view of economic policy and expect more EU funding. In addition to business support programs, the rural development program and housing renovation support also benefited many companies.

Compared to the previous quarter, the biggest improvement was measured in services and industry.

ADVERTISEMENT

Hungary's GDP growth hits 8.2% y.o.y. in Q1 Analysis

Hungary's GDP growth hits 8.2% y.o.y. in Q1

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Budapest bike-sharing scheme expands in District XI City

Budapest bike-sharing scheme expands in District XI

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.