Tag "NGM"
The NGM is working on an agricultural lending stimulus package
Date: 2015-11-12 11:37:10
The government is working on an incentive package to assist agricultural enterprises to get loans, in accordance with EU financial regulations – Hornung Ágnes, Minister of State for Finance in...
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NGM: retail sales became clearer thanks to the introduction of the online cash registers
Date: 2015-11-05 11:16:48
The effect of the introduction of the online cash registers in last September could be only felt moderately, but this year retail sales became clearer as well as the economy...
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NGM: foreign trade growth has a healthier structure
Date: 2015-11-03 11:30:01
In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls...
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The NGM expects a retail sales expansion by the end of the year
Date: 2015-11-02 11:35:11
According to the expectations of the Ministry of National Economy (NGM), retail sales in November and December will be higher than in the same period of the previous year. Lenner...
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NGM: the August slowdown was only temporary in retail
Date: 2015-10-29 11:50:19
In the first eight months of the year, the volume of retail increased by 6 percent, which adjusts to the other growth trends of the Hungarian economy. The August slowdown...
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The Ministry of National Economy organized a professional day about Chinese Tourism
Date: 2015-10-26 10:16:34
The National Economy Ministry (NGM), organized a Chinese-Hungarian tourism professional day. The aim of the event – involved about eighty tourism professionals interested in China's relations – was intended to...
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Analysts expect a 3-4 percent average wage growth this year
Date: 2015-10-21 11:40:45
Analysts polled by MTI expect a 3-4 percent average wage growth for this year, and since inflation is around 0 percent, real wages are expected to rise with the same...
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NGM: the structure of industrial production is getting more and more balanced
Date: 2015-10-12 11:22:17
The structure of industrial production is getting more and more balanced. In addition to the automotive industry, the pharmaceutical and food industries also helped the foreign trade in August –...
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NGM: the market followed the changes came with the Sunday rest day
Date: 2015-10-07 11:50:41
The market followed the changes came with the Sunday rest day: there is a labor shortage in the Hungarian retail, on which the companies operating in the sector may react...
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NGM: the expansion of the food industry also contributed to foreign trade
Date: 2015-10-02 11:37:52
Vehicle exports, as well as the performance expansion of the pharmaceutical and food industries also helped the foreign trade dynamics in the first seven months of 2015 – Marczinkó Zoltán...
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Great Hungarian Tourism Day in Vienna
Date: 2015-10-01 10:25:17
This year's Great Hungarian Tourism Day is about Budapest's cultural attractiveness. The year's Great Hungarian Tourism Day will be held on Thursday at the Hungarian embassy in Vienna; at the...
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NGM: low inflation helps retail sales growth
Date: 2015-09-25 11:50:15
The minimal inflation is contributing to real wage growth, so the households are able to buy more products, which also helps to achieve a growth in turnover – Lenner Áron...
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The third of the GINOP funds will be available this year
Date: 2015-09-23 11:08:47
More than 900 billion HUF EU development funds will be available later this year for the micro, small and medium-sized enterprises, which is the third of the 2,700 billion HUF...
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The government calls for joint EU action against tax evasion
Date: 2015-09-22 11:15:36
The EU countries should act against tax evasion in a coordinated way, by learning from each other- the National Economy Ministry (NGM) emphasized on Tuesday. Rákossy Balázs, Minister of State...
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NGM: the government defined the conditions of the release of the SZÉP-cards compatible with the EU law
Date: 2015-09-18 10:40:34
The government defined the conditions of the release of the Széchenyi Rest Crads (SZÉP-cards) in accordance with the EU laws. The situation, developed in the EU dispute will be meaningfully...
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A traffic vitalizing campaign will be launched in order to retain the Russian market
Date: 2015-09-14 10:50:02
A traffic vitalizing campaign will be launched at the end of September in an amount of 26 million HUF in order to retain the Russian market – Ruszinkó Ádám, Deputy...
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The Ostoros-Novaj Bor Zrt. plans a 10 percent increase in sales this year
Date: 2015-09-11 11:37:29
The Ostoros-Novaj Bor Zrt. plans a 10 percent sales growth this year, compared to last year. The company's net sales amounted to 1.6 billion HUF in 2014 – Soltész Gergő,...
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NGM: tourism cooperation may expand further with China
Date: 2015-09-03 10:35:27
The Central China and Eastern Europe tourism cooperation also wants to be an active participant of the Chinese, One Zone, One Way foreign economic strategy – Varga Mihály, Minister of...
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Pankucsi: Hungary protects the tobacco surtax
Date: 2015-09-02 11:34:18
Hungary would like to defend the health care contribution on the tobacco industry and the food chain supervision fee, therefore, the European Commission in Brussels will be given this the...
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A 30 percent growth is expected in online purchasing this year
Date: 2015-08-31 11:40:06
Online shopping increases much faster than “anything else” in the sector. Compared to the previous year a roughly 30 percent increase is expected – Glattfelder Béla, Minister of State for...
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NGM: the Hungarian retail is more than three times higher than the EU average
Date: 2015-08-28 12:00:44
Retail sales are expanding in Hungary for two years. The increase in June was the fourth fastest in the European Union, and it was more than three times higher than...
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The EU support of the SMEs may reach 3-4 percent of the GDP next year
Date: 2015-08-24 11:16:34
The amount of the European Union subsidies that the government will send to the small and medium-sized enterprises (SMEs) may reach 3-4 percent of annual GDP next year – Karsai...
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The Small-Scale Association wants no online cash register at rural accomodiations
Date: 2015-08-24 10:40:58
The Kisléptékű Termékelőállítók és Szolgáltatók Országos Érdekképviseletének Egyesülete (Small-Scale Association) does not support the village hosts’ obligations for online cash registers and asks for the withdrawal of the related standards....
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NGM: Retail trade is constantly expanding for two years
Date: 2015-08-17 11:58:27
The retail sector is growing continuously for two years. Retail trade in June increased by more than 6 percent, compared to a year before, but the first half-year figures also...
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NGM: the Széchenyi Rest Cards play a key role in the domestic tourism
Date: 2015-08-14 10:30:54
In June, the Széchenyi Rest Card usage at commercial accommodations increased by 5.4 percent, compared to the same period last year. In June almost 1.5 billion HUF was spent by...
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NGM: the government considers the small and medium-sized enterprises as strategic partners
Date: 2015-07-27 11:30:54
The government considers the small and medium-sized enterprises as strategic partners. As a sign, the SMEs have benefited several tax incentives since 2011. Pankucsi Zoltán, Deputy Minister of State for...
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Tourist accommodation development in the pálinka distillery in Tuzsér
Date: 2015-07-27 11:20:08
The Gyümölcspárlat Bt. built accommodations with a fifty million HUF EU and domestic investment at the site of the pálinka distillery in Tuzsér, Szabolcs-Szatmár-Bereg county. The investment was handed over...
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Varga Mihály: special taxes do not conflict with the EU law
Date: 2015-07-17 11:45:42
According to the Hungarian position, the food chain management fee or the health care contribution on tobacco products, do not conflict with the EU rules – Varga Mihály, Minister of...
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Hungary is a major beneficiary of EU funds
Date: 2015-07-14 11:35:44
In terms of funding Hungary remains one of the largest net beneficiary of the EU, over the next seven years – Szűcs Tamás, the Head of European Commission’s Representation in...
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