SME confidence plunges in July – Top-100 latest report
Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research institute Ecostat.
Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research institute Ecostat.
Hungary is mostly ready for membership of the European Union (EU) in May next year, but government bureaucracy and a lack of preparation by the country's small businesses are matters that still need to be addressed, according to a new report.
The government will supplement the loan programme of its Europe Plan with new programmes to aid small- and medium-sized enterprises (SMEs), prime minister Peter Medgyessy announced in a speech made at the inauguration of the new Danube bridge at S
The Hungarian banking sector's combined pre-tax profit rose 40.4% in the first quarter of this year to HUF 58.7 billion, according to the quarterly report on financial sectors of the State Supervision of Financial Institutions (PSZAF).
As the first step in a process set to last several years, the government recently approved the main concept of modifying Hungary’s Civil Code, which provides guidelines for the business relationship between companies and private individuals.
The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.
Hungarian financial enterprises other than banks posted a significant improvement in profitability last year, while the quality of their portfolios did not decline significantly, according to the State Supervision of Financial Institutions (PSZAF)
With continued global economic uncertainty, large Hungarian firms' optimism concerning the coming six-month period was scaled back in March, while the outlook of small- and medium-sized companies (SMEs) remained stagnant, according to the latest b
HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the European Investment Bank (EIB) on Monday.
The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn (US$ 662m) Europe Investment Loan Program, aimed at providing long-term loans to Hungarian businesses the MFB announced.