The recovery from the COVID-19 pandemic will release huge demand for oil-related travel, goods, and services. This will lead to one of the strongest periods of rising oil demand in the next two years suggests Zsófia Beck, Managing Director and Senior Partner of BCG’s Budapest office. Read the full article here.
Category Archives: Articles
This is not the last energy price shock, power price volatility is here to stay – Q&A with Balázs Kotnyek
Balázs Kotnyek, Partner and Associate Director at BCG’s Budapest office speaks about the recent turbulence in the energy market, the reasons behind soaring prices, the impacts of energy transition, and how we should prepare for similar price shocks in the future. Read the full Q&A here.
40,000 Hungarians can become private bank customers within 5 years
Asset management is not the same as it was 20 years ago, but investment service providers have been able to avoid this change, especially in the last 10 years, when they were able to prosper without being forced to adjust their service models and improve their efficiency, Krisztián Horváth explained the topic to Portfolio. ReadContinue reading “40,000 Hungarians can become private bank customers within 5 years”
Romanians’ financial wealth increased by 9% in 2020 while global wealth reached a new record amid the pandemic
Nimród Pais – Romanians’ financial wealth rose 9% in 2020, faster than global financial wealth, which hit a new record high with increasing 8.3% on 2019, Nimród explains. He gives a quick guide through the most important financial wealth growth trends in 2020 and how the pandemic impacted the concentration of wealth in Romania andContinue reading “Romanians’ financial wealth increased by 9% in 2020 while global wealth reached a new record amid the pandemic”
Why do we need electric cars as soon as possible?
Tomislav Čorak – During the pandemic, a source of hope for the health of our planet has emerged: the automotive industry is moving even faster towards electric vehicles than BCG predicted a year ago, says Tomislav. The global market share of electrified cars, SUVs, and other light vehicles, including hybrids, has grown from 9% inContinue reading “Why do we need electric cars as soon as possible?”
The Future of Retail Is Digital, But Physical Formats Remain the Backbone of Every Retailer
Nikola Vuković – Forecasts for the EU say that e-commerce will become one of the main drivers of growth for the retail industry by 2024. Namely, in 2020 we recorded 18% growth in online sales in EU markets and a 60% increase in online penetration versus 2019. Nikola reveals that BCG expects e-commerce to accountContinue reading “The Future of Retail Is Digital, But Physical Formats Remain the Backbone of Every Retailer”
Powering equality – Q&A with Zsófia Beck, Managing Director and Partner at BCG
Zsófia Beck – Zsófi, who has been promoted to Managing Director and Partner recently speaks about the post-pandemic energy sector in light of the accelerating energy transition and the challenges of preserving stability and flexibility in a decarbonised energy system while explaining how the CEE region should prepare for the future ahead. She also speaksContinue reading “Powering equality – Q&A with Zsófia Beck, Managing Director and Partner at BCG”