Analysis

Increasing risk of bankruptcy

28. Feb, 2012 in Analysis, Bankruptcy, Firms, Free publications

According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of bankruptcies in trade and in vehicle trade, as well as in agriculture and in collective services.

The situation after the final payback of FX loans

16. Feb, 2012 in Analysis, Banking sector, Real estate, Firms, Free publications

According to the figures of the Hungarian Financial Supervisory Authority, with the final payback of FX loans in one instalment at a fixed exchange rate, 160 thousand contracts with a total amount of more than HUF1200 billion at market rate were closed down.

Another wave of layoffs is on the agenda?

13. Feb, 2012 in Analysis, Business expectations, Economic growth, Employment, Investment , Firms, Free publications

According to the survey of GKI made in January, the number of undertakings reckoning with increasing sales revenues exceeds those expecting decreasing ones. In terms of the number of employees and investments, those anticipating contraction are in majority.

You can download the report from here.

Magyar

Who is better? The Hungarians?

13. Mar, 2012 in Analysis, Economy, Free publications

“The EU doesn't assist member countries in overcoming the economic slump because it punishes those who behave well and rewards those who perform poorly,” said the Hungarian prime minister at a last week’s event, adding that “with this kind of mentality one couldn't even run a village five and ten cent store.” By this he referred to the unfairness of threatening Hungary by withdrawing part of the cohesion funds as of 2013.

Corruption in public procurement and in general in Hungary

08. Oct, 2011 in Analysis, Articles, Corporate sector, Economy, Firms, Free publications

GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council, for the government and the National Assembly.

Employment possibilities mirroring in development intentions of enterprises

26. Sep, 2011 in Analysis, Articles, Corporate sector, Economy, Firms, Free publications

According to recent empirical research (subsidized by contract: OFA/10341/0004) development efforts of companies in Hungary are primarily determined by the market outlook, the role of financing conditions is much weaker.

Measurement of Innovation Activity at Hungarian Companies

01. Sep, 2011 in Analysis, Articles, Corporate sector, Innovation

The Hungarian companies adapted themselves to the changing conditions – they survived changes of the market and owners –, they kept regenerating, growing, and at the same time, they cut back the former research institutions, departments and they didn’t even make use of the knowledge of the existing research yards. For this reason, Hungarian enterprises are not considered to be innovative. The suspicion that one reason for this contradiction is that the different participants do not agree in the interpretation of innovation, arises inevitably.

Think Global – Act European

19. Jun, 2011 in Analysis, EU, Economy

The Contribution of 16 European Think Tanks (one of them is GKI Economic Research Co.) to the Polish, Danish and Cypriot Trio Presidency of the European Union was published.

The forecast of GKI Economic Research Co. for 2011

08. Jun, 2011 in Analysis, Economic growth, General government deficit, Income, Szell Kalman Plan, Unemployment, Economy, Forecast

Some key indicators of the Hungarian economy are improving simultaneously with the easing of the global economic crisis; however, the real situation is not better than it was at the time of the change of government.