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The Economic and Social Effects of the COVID-19 Epidemic in the European Union over the Past Year, Especially in Hungary
67-79Views:2417The apparence of the COVID-19 pandemic at the beginning of 2020 affected all countries in the world, entailing major changes in everyday life. In our study – in a one year perspective – we summerize the socio-economic effects of the COVID-19 pandemic on various economic sectors and their consequences for the European Union and Hungary. As a result of the pandemic restrictions the role of some sectors were decreasing considerably, while on the other hand the other sectors emerged and underwent a significant improvement. The growing trend of working from home, as well as the decline of the tourism, the catering service and the entertainment industry has led to a change in the behavior of the population. . Changes during the pandemic period led to an increase in wealth inequalities.Changes during the pandemic period led to anincreas in economic inequality. The transformation of consumers’ values and income situation is having an huge impact on all sectors of the national economy. When reflecting upon the current situation, the following questions arise: When will the declining businesses be able to recover? Will they be able to achieve their pre-pandemic profit level, and if yes, how long will it take them?
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Examining the Competitiveness of Fish Products on the Market
151-163Views:262Fish and fishery products are one of the key ingredients in human nutrition and are therefore outstanding in terms of both production and trade. Different processed fish products are available in many countries around the world due to globalization and a fast supply chain. In our study, we examined the market for fish and fishery products using secondary data collection. The data were collected several years ago from the databases of FAO, EUROSTAT, COMTRADE and KSH The comparative advantages or disadvantages of international trade were determined with the help of the RCA index for the role of Hungary and the EU in the world in the case of different categories of fish products. The aim of our research is to compare the fish products of different processing in Hungary and in the EU compared to the international situation, paying special attention to the main exporting and importing countries. Based on the secondary research the study has a detailed the specificities of trade, the trends observed in recent years and the competitiveness of fish products in Hungary and the Member States of the European Union and effect relationships behind the RCA-index results.
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Optimization of Parking Lot Stormwater Management: a Case Study
75-95Views:475As urbanization accelerates, parking lots lead to stormwater runoff and localized flooding due to impervious layers and inefficient drainage. This case study evaluates stormwater management strategies across four parking lots in Debrecen, Hungary, to propose effective retrofitting solutions. The methodology combines visual site assessments with a comparative analysis of global best practices identified in the literature. Findings suggest integrating Green Infrastructure (GI) and Low Impact Development (LID) principles into parking lot design can enhance infiltration and significantly reduce surface runoff. Key recommendations include utilizing nearby vegetated depressions and replacing conventional concrete slabs with permeable surfaces. Beyond the flood avoidance, these strategies aim to reduce pressure on the local sewer system and minimize puddle formation.
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The Special Aspects of Leasing as Long-Term Asset Financing Method in Hungary
115-128Views:847Leasing has become widespread in the world in the 1970s, while in Hungary the first leasing firms appeared in the 1990s. The authors in this article introduce the most prevailing and most often used forms of leasing and their main characteristics in Hungary. Based on the statistical data of the 2008-2015 period the authors analyse the performance of investments, the volume of trade in the total leasing market and the course of the amount of capital assets and new capital investments on the level of the national economy. The conclusion of the current article is that the changes of the investment’s performance in the national economy and the EU development funds influence greatly the course of the Hungarian leasing market.
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Solid-Lattice Stem Optimization Design for Hip Implants
39-46Views:606The goal of this study is analyzed and design a methodology to reduce stem mass, through topology and lattice optimization of a Ti-6Al-4V hip implant, meeting yield stress requirements. Four optimization cases were studied: Topology optimization (1), Lattice design 100% (2), Lattice design 50% (3), Lattice design 25% (4). Five load cases from a study were applied for each optimization cases: Combined (LC1), standing-up (LC2), standing (LC3), going up stairs (LC4), jogging (LC5). The optimized cases design reduced stem mass approximately by 30% (1), 5% (2) ,8% (3) and 2% (4), compared with the total stem hip Ti-6Al-4V implant.
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HAZ Characterization of Automotive DP Steels by Physical Simulation
478-487Views:383DP steels were extensively used in the vehicles industry due to its extraordinary combined properties of strength, ductility, formability and weldability which contributed great significance in reducing strength to weight ratio and CO2 emission. High strength steel i.e. DP steels (3 different grades) were experimentally investigated and thermophysically simulated using Gleeble 3500 simulator to determine softening and hardening in heat affected zone. Samples were heated to different peak temperatures (1350 °C, 950 °C, 775 °C and 650 °C), two cooling time (t8.5/5 = 5 s and 30 s) and Rykalin 2D model were selected. The hardness and microstructure of the specimens were tested and analysed. For longer cooling time (t8.5/5= 30 s), we observed that softening occurs in all grade of investigated DP steels to all sub-regions. But for shorter cooling time i.e. t8.5/5= 5 s the softening is higher in intercritical HAZ compared to other sub-regions for all the types of DP steel with short cooling time (t8.5/5 = 5 s). However, the hardening zone in the CGHAZ occurs when Tmax is 1350 ºC for DP600, DP800 & DP1000 steels but it is more prominent in DP800 as compared to others two steel grade.
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Analysis of Thermal Degradation in the Annealing Process of Colored Parts Built by Extrusion-Based 3D Printing
124-133Views:556With the ever-increasing request of light materials, poly lactic (acid) PLA, have got much in consideration. Low-cost PLA materials have risen its use. Those possess some benefits but nevertheless insufficient mechanical strength. The printed PLA objects have a stumbling block for practical applications. Thus, annealing is an interested alternative to make 3D printed objects strong. This thermal treatment can significantly develop investigational studies and offer technical data. Hence the purpose of this paper is study and discuss how to increase the flexural strength through annealing process. Geometry distortions and color degradation will be analyzed. Differential Scanning Calorimetry, Taguchi Method (TM) and variance (ANOVA) were applied as part of the design experiments and analysis. Twenty-seven printed specimens were tested and factors as temperature, time and color were selected.
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A Literature Review of Modern Branding
63-73Views:620In the modern business landscape, branding goes beyond identifying products and services; it has become a crucial factor for corporate success. The leadership branding, and employer branding emerges as a key strategic tool in gaining competitive advantage, fostering loyalty, and enhancing engagement. Personal branding, as the conscious presentation of individual values and capabilities, supports leaders in strengthening credibility and trust. Leadership branding encapsulates a leader’s personality and style, serving as an inspiring example within the organization. Moreover, employer branding reflects the corporate culture and workplace values, making the organization attractive to talented employees. The aim of the study is to demonstrate how personal branding, including leadership branding and employer branding, can contribute to the more successful operation of a company, highlighting the synergy between the different levels of branding and their economic and social impacts.
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CSR Reporting Practices of Hungarian Banks
70-81Views:331The disclosure of information on the exercise of corporate social responsibility (CSR) is the tool most frequently used by companies to promote understanding of the social and environmental performance of an organisation and to improve relationships with stakeholders. For most of the world’s largest companies, reporting on non-financial information appears to be a continuing trend, so it is essential to present the new corporate reporting trends of the 21st century. The disclosure of socially responsible information will be analysed, with a focus on the application of the Global Reporting Initiative guidelines related to CSR. Global Reporting Initiative (GRI) is the best-known framework for voluntary reporting of environmental and social performance by business worldwide. The main objective of the paper is to explore the corporate voluntary disclosure practices of the listed and non-listed banks in Hungary. The extent of voluntary disclosure has significantly improved for decades worldwide, but the situation is not that obvious regarding the Hungarian financial sector. This paper aims to describe the status of disclosure practices of corporate sustainability in the annual reports, sustainability reports or CSR reports of the banking industry in Hungary. Also, increased corporate visibility and financial risk increase stakeholder demand for transparency on the social impact of financial institutions and their CSR practices. Finally, the analysis and subsequent comparison of available CSR reports of banks will be presented.
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What Image is Conveyed by the Webpages of Hungarian Higher Education Institutions?
355-370Views:339This exploratory study analyses the online higher education marketing practice in Hungary. It examines the homepages of all of the state accredited higher education institutions in Hungary. The selected dimensions of the examination are to measure different aspects of openness expressed by the image published on the homepages to their audience. State vs. non-state financed (and as a sub-category of the latter: church financed) institutions are compared along these dimensions, as well as universities vs. colleges (according to their status both before 2000 and present). The main finding of the research is that there is a statistically significant evidence that the homepages expressed different images for the analysed institution groups. Differentiating signals between state financed institutions vs. non-state financed institutions, as well as between universities vs. colleges were identified: the number of pictures published on the main page, the presence of sliders, the accessibility of the website to people with visual impairment and to non-Hungarian speakers, and the access to social media. State institutions and universities were found to publish a more open image via their homepages than the non-state financed institutions and the colleges.
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The role of the nonprofit economic companies in human resource management in Hungary
145-152Views:344In the changed labor market structure in the context of economic growth in Hungary, the reintegration of displaced and increasingly differentiated groups into the world of work has become an indispensable necessity, with alternative initiatives aimed at long-term profit maximization. Nonprofit economic companies replacing former public benefit companies not only determine the revenues of the whole nonprofit sector in their operations, their work goes beyond this, as most of them are engaged in socially marginalized, disadvantaged, or even disabled people, and can do other work to improve employability and employment. The aim of my study was to process the latest statistical database of the nonprofit sector issued by the KSH in order to determine the role of nonprofit economic companies in employment, by appying secondary analysis.
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Strategic Role of HR in Hungary and Slovakia, Based on the International Cranet Research (2015-2016)
478-489Views:510Western-European management trends have been spread including modern approaches to human resource management over the past decades in the countries of Central and Eastern Europe. The point of the new HR conception is the strategic partner role, which is underpinned by the appreciation of human resources. There was a rapid change in the management methods of the organizations due to the socio-economic changes in the examined countries. However, in many places the personnel departments were simply renamed, and their HR staff are still concentrating on their traditional activities. These activities are important and should be fulfilled today as well, but to play an influential role in the design and maintenance of organizational competitiveness HR should have a new, strategic attitude. The study examines HR's strategic role based on the empirical international Cranet research in Hungary and in Slovakia.
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Future Power Plant Portfolio Analysis from the Point of View of Minimum Cost and Emission Optimization
61-77Views:354The article examines the expected composition of the power plant portfolio in Hungary by 2030. The indicators considered are the life-cycle unit costs (LCOE) and the life-cycle specific carbon dioxide emissions (LCA(CO2)) of the power plant types. The minimum of these two indicators, as objective functions, is determined by a linear programming method for the power plant portfolio. The results show that the LCOE minimum for the power plant portfolios in 2030 is worse in absolute terms and better in specific terms than in 2021. In both absolute and specific terms, the LCA(CO2) minimum is more favourable in 2021. These results are met under the thirty and twenty-five percent electricity import scenarios. With twenty percent imports, the absolute values are worse and the specific values are better for both indicators. On the other hand, the results of the calculations for 2030 fall short of the 2030 Agenda of the Institute for a Green Transition. This is due to the delay in commissioning a new nuclear power plant and the transformation of industry with increasing electricity demand. For the portfolios under review, a minimum of thirty percent of domestic generation from renewable sources is met. This contributes significantly to the European Union's ambition for the sector to be net greenhouse gas-free by 2050.
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Szervezeti struktúra jellemzői spanyol labdarúgó kluboknál
1-11Views:593In Hungary the developement of sport sector needs to changes in structural scheme of sport organizations. The question is that, in the different sports areasthe association-based sports model, or the buisness-based sports model can operate effectively. Nowadays, in addition to professional successes in sporting activities, Hungarian sports entities and professional sports enterprises do consider options for the most effective operations possible, and gather good international practices in order to establish such business-based sports models in Hungary that are efficiently operable. The business side of sports is particularly apparent in professional football. On a global scale, this sport clearly demonstrates the process of structural transformation that is directed at the realization of the appropriate form of enterprise and structural setup. This article has been written to describe the Spanish model by example of organizational scheme of Real Madrid and Barcelona FC.
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The Importance of Energy Management in Hungary
72-79Views:305One of the important elements of our everyday life is energy, but the amount of it is constantly decreasing, so it is advisable to include renewable energies in our energy management in addition to traditional energy sources. In the field of energy management, the use of renewable energies deserves attention because their share is increasing, although their percent is small. At present, Hungary and the European Union's energy policy contain guidelines that aim to increase the utilization of renewable energy sources. These directives contribute to achieving environmental and climate protection goals, job creation, territorial and urban development, and the reduction of dependence on energy imports. In my article, I would like to present various calculations in the field of energy management as a result of the previously described information and I would like to explore the energy management contexts that have come to the fore when examining residential energy consumption
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The Relationship Between Leadership and Management and Quality Management: Systematic Literature Review
48-62Views:772This publication is intended to examine the close relationship between quality management and leadership and organization, highlighting the possibilities of increasing organizational efficiency in both industrial and non-industrial environments. During the systematic literature review, we examined the role of leadership, the closely related organizational culture, and quality management. The publication aims to explain how quality systems and frameworks, such as ISO and the EFQM model, support strategic planning and sustainability, thus providing direction for modern organizations. The research emphasizes the importance of digital transformation and knowledge management, and we have formulated the future research goals that can advance the productivity of organizations.
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An Overview of the Situation of SMEs in Hungary in Catching up to Industry 4.0
72-80Views:401Since I have been working I have been in contact with small and medium-sized enterprises (SMEs) and large companies in various ways. I have thus been confronted with the disadvantages of the former in terms of the introduction and use of 4IF technologies. Yet most of them are aware that to remain competitive in the market, they cannot avoid digitising their operational processes to some extent. I have also found that this mainly depends on the characteristics of the organisation; for example, its orientation. Domestic SMEs are therefore currently at a competitive disadvantage in the market. However, there is no information on whether there is a trend towards development and where they themselves should develop. This would help them to develop the right, achievable vision for the future, coupled with a feasible business strategy.
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Qualitative and Quantitative Analysis of Optical Industry Produced Grey Water, Proposal For Treatment Technology
84-88Views:229Our research we investigated Carl Zeiss Vision Hungary Kft. grey water from laundry. Our research aims to provide the optical industry produced grey water quality and quantity parameters to obtain a comprehensive picture. The quality parameters for additional aim was to test, whether it is worth tut collect grey water produced in the optical industry to the place of origin. Subsequently, the development of a treatment technology that economically it would be valuable for the company. It has been observed that it is not necessary tut collect grey water from washing machines and cleaning machinery, since it is similar to the organic load them. It was based on a financial assessment of the grey water treatment technologies in two technologies: coagulation-flocculation and aerobic bio membran technology. Investment and maintenance costs in respect of the implementation of the aerobic clearly bio membran technology proved to be more economical.
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Six Sigma in preconstruction: case study on improving of reinforcement steel processing
49-60Views:351Lean process improvements are crucial for enhancing production efficiency. In my research, I examine the application of the DMAIC methodology to develop the MEP facility within the framework of lean Six Sigma. Highlighting the challenges of precast concrete production, my study details how lean management aids in efficient process design and measurement. Introducing lean Six Sigma methodology involves standardizing processes and ensuring their effective development, contributing to the facility's efficiency
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Dual Focus of Supply Chain Resilience and Sustainability: A Size-based Comparison between SMEs and Large Organizational Approaches
1-15Views:368The research investigates how organizational size influences the implementation of supply chain resilience and sustainability practices. While resilience and sustainability are increasingly recognized as interrelated priorities, existing literature often overlooks how firm size conditions strategic behaviour, particularly the distinct constraints faced by small and medium-sized enterprises (SMEs). To address this gap, the study employs a two-phase, mixed-methods approach. First, a structured literature review identifying the current state of academic research on the field. Second, a global survey of 252 supply chain professionals captures quantitative data across SMEs and large organizations. Statistical analysis tests three hypotheses regarding core aspects of driving resilience and sustainability outcomes. Findings show that large firms tend to formalize strategies more thoroughly, especially in risk detection and sustainability goal setting. However, SMEs demonstrate comparable resilience through informal, agile approaches and supplier collaboration. Overall, strategic effectiveness does not vary by firm size, but implementation pathways do. This study contributes original empirical evidence to the limited comparative literature on organizational size in supply chain strategy. By introducing size as a moderating variable, the research advances theoretical models and highlights the need for differentiated tools, policies, and partnerships. The findings aim to hold practical value for managers, and support businesses seeking to design scalable, inclusive approaches that enhance resilience and sustainability across the entire supply chain spectrum.
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The Top 5 e-commerce Competitive Advantages in Hungary
128-139Views:507Abstract. In my article, I map out the key competitive advantages that are essential to online commerce, online store sales, success, and popularity. There is a wealth of literature on the subject. Year after year, more and more research and surveys are conducted on customer value, shopping habits, consumer behavior, digital transformation, which I would like to summarize and articulate, and highlight the main elements without which online sales would not be effective.
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The New Type of Employment: the Specificity of the Platform Economy and Platform Work
75-90Views:788The industry value of the global platform economy exceeded 7 trillion US dollars by the end of the second decade of the 21st century. The income generated by the platform economy in the European Union produced an almost five-fold increase in the period between 2016-2020, as its volume increased from 3 billion euros to 14 billion euros. Nevertheless, due to the lack of global consensus and precedent, the delimitation of the platform business model and work, its legal regulation and verifiability and compliance, due to its innovative nature, are unresolved at the world and European level. The objective of the article is to define the conditions, rules and practical application of the platform economy and platform work, relying on international (English-language, mostly European) secondary information, thereby revealing the problems and difficulties, as well as discussing its advantages and disadvantages.
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Comparative Analysis of the Notes to the Financial Statement of Companies Engaged in Sports Activities in Hungary, Based on the Information of the General Part
117-125Views:395Contribution of the sports sector to GDP in the EU Member States is close to 5%, while in Hungary it is approximately 1-1.5%. This ratio is likely to increase, for which various subsidies of corporate tax provide a good basis. The information mentioned above confirms that the economic analysis of companies engaged in sports activities is an interesting and necessary field of research. In our research, we examine whether the notes on the accounts of companies include the information, which could help obtain necessary financial knowledge concerning the partner companies. For the analyses, we used the notes on the accounts of companies, which have sports activity (Hungarian NACE No. 931) as their main line of business. By means of text mining, we analyse the extent to which the notes on the accounts are in conformity with the Accounting Act. The sports activity companies are analysed using various packages of the R statistical system. By means of text mining, we analyse the extent to which the notes on the accounts provide the necessary information that would be indispensable for the proper interpretation of the balance sheet and the profit and loss account.
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The Role of Small-Scale Household Power Plants in the Electricity Supply by the Hungarian Settlements
355-372Views:311The utilization of renewable energy sources spread with stormy speed on the world therefore more and more municipalities propose that they satisfy their energy demand from renewable sources. The fossil fuels represent a significant proportion in Hungarian energy balance and the majority of these is import energy. The proportion of renewable energy sources must be increased to decrease the energy dependence and the energy cost of municipalities, to increase the energy security and to consider the aspects of environment.The interest of Hungary is to increase the proportion of renewable energy sources in energy supply. In order to this, the government created the small-scale household power plant (SSHPP) category in the Electricity law. This power plants should be not greater than 50 kW's performance. In this category, electricity can be produced from renewable and fossil sources. Since the government introduced the small, household size power plant category the installed capacity was grown quickly in the last seven years. The general capacity was 0.51 MW altogether at the end of year 2008 but it has already approached 129 MW’s at the end of year 2015. The general capacity was increased by the multiple of the previous year every year between 2008 and 2015 and there will be more a dynamic capacity expansion. Data about the capacity and the produced electricity can be displayed on municipality level, too. The purpose of the investigations is to determine: how can the built capacity of the small, household size power plant category participates in the electricity supply of the Hungarian settlements? So how many percentages of electricity demand can be gratified by this electricity power on the settlements? Based on this a ranking can be made among municipalities which shows the level of sufficiency in production of renewable energy and give a possibility for the power shift. Finally, to what extent can be built upon this power plant category in order to that Hungary can comply its objective value.
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Why do not people attend football matches in Hungary?
11-22Views:517Both international and domestic research on passive sport consumption focuses on the motivations of fans. However in Hungary, unlike the examples of North America and Western Europe, we have to look for answers to the question of why people do not go to football matches. In order to find an answer to this question, we conducted an online survey with a number of items of 347 people. For the latter a scale measuring absence from sport consumption was used and the reliability of the scales was tested by Cronbach's alpha calculation. After our principal component analysis, we developed 5 internal and 5 external factors, on which we conduct hypothesis test along demographic and sports consumption variables. Based on our results, we have established that, contrary to public opinion, the low number of spectators in Hungarian football matches is not only and primarily due to unsucces and the low quality of matches. Our respondents are mostly kept away from stadiums by football-related government measures, as well as by preferring to participate in other recreational program opportunities.
