Tag "NGM"

Tourism may close a record year this year

Tourism may close a record year in 2015. According to the forecasts, the projected revenue is expected to be more than 350 billion HUF. Lepsényi István, Minister of State of...

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Next year, three billion HUF will go on the development of children catering

Compared to 2015, the government will pay one billion HUF more, three billion HUF on the institutional development support of the children's meals in 2016 – the Deputy Minister of...

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NGM: rising real wages contributed to the growth of retail sales

September has been the 28th month in a row when the volume of retail sales increased in Hungary. The consecutive 28 month increase is primarily due to the rising inflation...

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Next year’s milk marketing is focusin on the encouraging of domestic milk consumption

The Milk Interprofessional Organization and Marketing Board, together with the Hungarian Tourism Zrt. organized the annual conference of the dairy industry in Velence. At the annual conference called Indispensable marketing,...

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Spas in Hungary closed a good year

The spas in Hungary can close a good year. Their guest traffic reached 37.9 million after last year's 40 million – the Deputy Minister of State of the Ministry of...

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Distillate tax ticket to come

The institution of legal pálinka distilling will remain; the private distilling will be burdened with minimal cost and administration burden – the head of department of the Ministry of National...

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NGM: the tourism application that aims to support the development of health resorts has appeared

A tourism application that aims to support the development of health resorts has appeared within the Economic Development and Innovation Operational Programme (GINOP) on Friday – Rákossy Balázs, Minister of...

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Shops may be open on Sundays in the next four weeks

The stores can remain open on the four Advent Sundays, on 29 November and 6, 13, and 20 December. The parliament voted the introduction of the Sunday rest day on...

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Online Cash Registers may be introduced in the case of other service providers

The government is preparing further steps to fight against the black economy. Such steps will be the launch of the electronic billing system, as well as the introduction of the...

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NGM: the slowdown in growth is due to the weaker performance of agriculture this year

The slowdown in GDP growth is due to the weaker agricultural performance this year, compared with last year, which is the result of the droughty summer and previous year's high...

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Agreement with Artisjus

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The NGM is working on an agricultural lending stimulus package

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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