Tag "NGM"

NGM: handed over high-tech developments to Fábián Gergely Sárvár

Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...

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NGM State Secretary: the interest rate cap protected SMEs from the negative effects of the rising yield environment

The interest rate cap protected SMEs from the negative effects of the rising yield environment; the introduction of the measure did not mean an additional burden for them thanks to...

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NGM: the weakness of the export markets continues to worsen the performance of the industry

Based on the data of the Central Statistical Office, in March 2024, according to calendar-adjusted data, the volume of industrial production decreased by 2.8 percent compared to the previous year....

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NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months

Based on the latest data from the Central Statistical Office (KSH), the volume of retail trade increased by 4.2 percent in March 2024 compared to the same period of the...

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NGM: innovation means the future of the food industry, State Secretary Gergely Fábián handed over new developments

In the framework of the Food Supplier Development Program (ÉLIP BFP), the company received nearly HUF 500 million in support, which was used, among other things, for the purchase of...

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NGM: the lives of families are significantly affected by food and health expenses and fuel prices

According to the surveys, the most significant expenses of the population, in addition to food and health expenses, are fuel expenses. This means that in the case of the population,...

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The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal

According to the announcement issued by the Ministry of National Economy on April 22, looking at the first quarter of 2024, it can be established that in the first three...

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NGM: tourism demand is increasing, the SZÉP Card was also a popular means of payment in March

The SZÉP Card also generated strong traffic in March, which remains the engine of tourism, the Ministry of National Economy (NGM) told MTI on Monday. While 2.6 million users had...

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NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses

The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...

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NGM: the government will restart it in 2024 and further increase the rate of economic growth in 2025

After the successful suppression of inflation, the government will restart it this year and increase the rate of economic growth next year, and when the war is over, Hungary will...

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Márton Nagy negotiated with representatives of the 13 fastest growing domestic companies

On Thursday, Minister of National Economy Márton Nagy received in his office the senior managers of the 13 domestic companies that are among the fastest growing economic companies in Europe...

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Márton Nagy also addressed the alleged expansion of Mere in Hungary

The value of state assets has doubled since 2010, from HUF 11.6 billion in 2010 to HUF 21.8 billion by 2022, and it accounts for 25 percent of GDP, Márton...

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NGM: the recovery of consumption continued in February, on an annual basis, retail sales increased for the second month running

Based on the latest data from the Central Statistical Office, the volume of retail trade in February 2024 increased by 4.6 percent according to raw data and 1.1 percent according...

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It will also be possible to withdraw HUF 150,000 per month at post offices

The availability of retail cash withdrawals can be significantly expanded, it will be possible to withdraw HUF 150,000 per month at post offices, the Ministry of National Economy (NGM) told...

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Gergely Fábián: integrated, data-based development in the food industry improves competitiveness and security of supply

In the food industry, the competitiveness of the sector can be increased with the integrated, data-based development of the product path, which also contributes to security of supply and sustainability,...

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NGM: the performance of the tourism sector is growing dynamically

Based on the latest data from the Central Statistical Office (KSH) and the National Tourist Information Center (NTAK), in February 2024, both the number of guest nights and the number...

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NGM: The Tourism Advisory Board held its inaugural meeting under the leadership of Márton Nagy

The Tourism Advisory Board was established and held its first meeting on Tuesday, which will function as an advisory and consultative body of the Ministry of National Economy in matters...

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GVH: Food inflation has not been as low as in February 2024 in seven years

In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...

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Márton Nagy: the collapse of inflation intensively supports the growth of real wages

Based on the latest data from the Central Statistical Office (KSH), inflation decreased to 3.7 percent in February 2024. The government reduced the rate of price increase to single digits...

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NGM: There are HUF 5 billion of dormant money on SZÉP cards

A megnövekedett költési kedv ellenére hozzávetőlegesen 5 milliárd forintnyi “alvó pénz” ragadt benn a SZÉP-kártya tulajdonosoknál. A kártyákon lévő kedvezményes források felhasználása, továbbá a gazdaság támogatása érdekében a kormány felkéri...

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NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year

Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...

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NGM: the weakness of foreign markets is hindering the recovery of industrial performance

According to the data of the Central Statistical Office (KSH), industrial performance decreased by 3.6 percent on an annual basis in January 2024, while a decrease of 1.1 percent was...

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NGM: mandatory information on reduced packaging in stores begins

Mandatory information on reduced packaging in stores will start on Friday – the Ministry of National Economy (NGM) drew attention in its statement on Friday. The government successfully suppressed inflation....

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NGM: tourism is increasingly helping to restore economic growth

In January, the turnover of tourist accommodation increased by 11 percent, the performance of the sector in January surpasses the data of the record year 2019 before the war and...

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NGM: the government supports increasing labor market activity with more than HUF 460 billion

By 2030, more than HUF 460 billion in EU funds can help increase labor market activity, mobilize labor reserves, train those at work and improve working conditions, the Ministry of...

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NGM: retail sales also increased on a monthly basis in December

According to the latest data from the Central Statistics Office (KSH), in December 2023, retail sales were able to increase for the second month in a row compared to the...

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Due to the weakness of foreign markets, industrial performance decreased in December

The negative effects of the war and sanctions caused significant damage to the economy, and the weak demand associated with the weak European economy also negatively affected the performance of...

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The corporate awards of the Joint Venture Association were presentedA strategic partnership agreement was signed by NGM and the Joint Venture AssociationStratégiai partnerségi megállapodást írt alá az NGM és a Joint Venture Szövetség

The Joint Venture Association (JVSZ), which looks back on nearly 40 years of history, organized its large-scale “Companies for the Future Award” gala event for the third time. On Saturday,...

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NGM: State Secretary Gergely Fábián received a delegation of Italian agricultural and food industry associations

Gergely Fábián, the State Secretary responsible for industrial policy and technology of the Ministry of National Economy (NGM), received the representatives of the Italian agricultural and food industry associations Coldiretti...

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NGM: the review of the SME strategy has been completed, the aim is to strengthen Hungarian SMEs

The government reviewed and adopted the strategic document entitled “Strategy for the Strengthening of Hungarian Micro, Small and Medium Enterprises 2019-2030” and determined the priority business development measures to be...

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