On 16 October 2024, the Vice President of MGYOSZ had the opportunity to present our views to the President of the European Commission on how and why it is important to improve productivity in Europe. The transcript of the speech is available here.
During the next cycle, we want Europe to become an “SME superpower”. SMEs are deeply rooted in European regions and societies. Many are important players in competitive value and supply chains and networks. They are undeniably a fundamental part of European DNA and their contribution to the economy, wellbeing and innovation of our continent is unquestionable.
The recent energy crisis has underscored the vulnerability of the EU's economy to disruptions in the energy market. BusinessEurope's report highlights the importance of energy security, stable supply chains, and the significant impact of fluctuating energy prices on economic stability. This report delves into the challenges and necessary steps for the EU to fortify its energy infrastructure and policies, ensuring resilience against future market shocks while maintaining competitive energy prices.
Péter Lakatos, co-CEO and shareholder of Videoton, has been elected President of the Confederation of Hungarian Employers and Industrialists (MGYOSZ-BusinessHungary), the major Hungarian employers' organisation.
BusinessEurope has written a set of proposals highlighting the key economic, social and environmental challenges for the next five years.
BusinessEurope’s Reform Barometer looks at the global competitiveness performance of Europe on the basis of key indicators covering taxation and public finances, business environment, innovation and skills, access to finance and financial stability, and labour market.
The registered headquarters of MGYOSZ/BusinessHungary is UNCHANGED until further notice!
The new address of our office: H-1011 Budapest, Szilágyi Dezső tér 1.
Neuschloss Palace, 2nd floor
The eclectic-neo-Renaissance style mansion, inaugurated in 1899 was designed by one of the owners, Kornél Neuschloss; one of the busiest and most respected architects of his time. Among others, he designed the Budapest ZOO and Botanical Garden’s Elephant Gate Building and its Elephant House.
Main topics:
- World Trade Organization (WTO) Challenges
- 12th Ministerial Conference Reflections
- Challenges for European Entrepreneurs
- European Economic Security Strategy
This Winter interim Forecast lowers the growth outlook for this year and sets inflation on a lower downward path than projected last autumn.
Between May and June 2023, BusinessEurope surveyed 240 companies across 21 European countries, with 35% of those being SMEs, about their experiences with EU permitting processes. The results of this study confirmed our concerns that, in today's very competitive global scene where speed is of strategic importance, long and complex industrial permitting hinders companies’ green and digital transformation and the EU’s global competitiveness.
Main topics:
- Common defence industrial programme
- SME Relief Package: Creating a better business environment for Europe's SMEs
- The future of the EU’s telecommunications sector
- Employers' Group President Stefano Mallia meets main Hungarian business organisations
ANALYSIS OF LABOUR AND SKILLS SHORTAGES: OVERCOMING BOTTLENECKS TO PRODUCTIVITY AND GROWTH
Labour and skills shortages are one of the most pressing issues facing employers at this time. Access to a skilled workforce is a key factor in a company’s competitiveness, affecting their productivity and innovation potential.