Tag "NGM"

NGM: the number of employees in Hungary is increasing for more than five years

The number of employees in Hungary is increasing for 64 months, ie for more than five years – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM)...

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EY: the installing of the billing softwares online can start

The online billing system in Hungary can start from July. However, the draft regulation is still not definitive, while invoicing programs have to be matched by more complex technical specifications...

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NGM: Retail sales are rising for 54 months

Retail sales have been rising steadily for 54 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel commenting on the latest...

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The SME development strategy is under shaping

The SME development strategy that helps the development and the growth of the Hungarian small and medium-sized enterprises (SMEs) is under shaping – Balogh László, Deputy Minister of State of...

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The digital transformation in economic growth is becoming increasingly important

The digital transformation, the industry 4.0 plays an increasing role in economic growth – Lepsényi István, Minister of State Secretary of the Ministry of National Economy (NGM) stressed on Tuesday...

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NGM: growth in retail sales by the end of the year

Retail sales increases further in the last two months of the year, partly due to the spendings on holidays – Pomázi Gyula, Deputy Minister of State responsible for Industry Strategy...

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NGM: The demand for industrial goods increases retail turnover

As the result of investments from household savings, the trade of non-food products continues to grow further this year – the Deputy Minister of State of the Ministry of National...

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The NGM and the MNB are expecting a GDP growth of around 4 percent in 2017

The Ministry of National Economy (NGM) and the National Bank of Hungary (MNB) expect a GDP growth of around 4 percent in 2017. At the Central and Eastern European Forum...

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The quality of VET should be further increased

In the development of vocational training, special attention should be paid to the rapidly changing economic environment and the labor market expectations – the Deputy Minister of State of the...

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NGM: retail sales increasing for 53 months

Retail trade is growing for 53 months, and in November, a relatively high 10.2 percent dynamic increase can be observed in case of non-food products, Pomázi Gyula, Deputy Minister of...

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There is also considerable workforce among public employees and retired people

Public employees, retired people and mothers with small children are also a major source of labor for the primary labor market – Cseresnyés Péter, Minister of State of the Ministry...

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NGM: gross average salary can reach 300,000 forints this year

The gross average salary can reach 300,000 forints even this year and in January it can exceed 310,000 forints – Simon Attila, Deputy Minister of State of the Ministry of...

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NGM: the number of new jobs has increased by 750,000 over the past six years

Over the last six years, the number of new jobs has increased by about 750,000, so there is a great need for skilled workers – Pölöskei Gáborné, Deputy Minister of...

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Changes in transfer pricing rules from next year

In the case of associated companies, the Ministry for National Economy plans to introduce a more complex and complicated registry form instead of the present one. This change will affect not...

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NFM: e-commerce is in the focus of the consumer protection tests

Consumer protection controls focus on e-commerce this year so the families can safely buy online – the National Development Ministry (NFM) announced on Thursday. According to the ministry, the number...

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A growth in Christmas turnover is expected in retail

Retail sales may exceed last year’s 1000 billion HUF turnover by 3-4 percent in December this year – Vámos György, secretary general of the National Trade Association (OKSZ) told at...

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NGM: the increase in earnings is mainly due to the wage agreement

According to the Minister of State of the Ministry of National Economy (NGM) responsible for Labor Market and Training, earnings growth is mainly due to the fact that in November...

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ÁKT’s founding session

Early October the founding session of the tourism/hospitality Sectoral Skills Council (ÁKT) took place. The ÁKT will make recommendations about the system of trade education and the legal background of the...

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NGM: retail is expanding for 51 months

Retail sales have been rising steadily for 51 months – Pomázi Gyula, Deputy Minister of State of the Ministry of National Economy (NGM), told M1 news channel on Tuesday, commenting...

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NGM Minister of State: A more flexible labor market is needed

Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM), called the greatest challenge to make the labor market more flexible, including the transformation of public employment and...

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NGM: SMEs can develop from 17 billion forints

New call for proposals have been published under the Ginop Economic Development and Innovation Operational Program (Ginop). The companies can claim 5-15 million forints non-refundable subsidies for tool and software...

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Hungary’s only duty-free zone established in Záhony

The Association of Hungarian Logistics Service Centres (MLSZKSZ) has welcomed the fact that the Ministry for National Economy (NGM) designated a 17,400m² duty-free area in Záhony’s free business zone. Hungary’s only...

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NGM: Growth in retail sales may continue

Growth in retail sales may continue in the next few months, fueled by the upcoming holiday season and the boost in the construction industry – Pomázi Gyula, the Deputy Minister...

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Development at the Kalocsa Fűszerpaprika Zrt.

The Hungarian food industry is one of the industry’s leading sector, so growth is significantly important in this area – Lepsényi István, Minister of State of the Ministry of National...

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NGM: another 5.5 billion forints have been distributed from Ginop

Twenty-five micro, small and medium-sized enterprises received 5.5 billion forints support within the Economic Development and Innovation Operational Program (Ginop) to improve their competitiveness and productivity. Thanks to the support,...

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Kiwi can be grown in the Mura area

In the area of Mura, the former vineyards and semi-detached real estates offer to produce kiwi as one of the recycling possibilities – the Minister of State of the Ministry...

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NGM: Hungary to protect ekáer

The government is doing its best to defend the domestic electronic road traffic control system (ekáer) that is recognized by the European Court of Auditors as well. The electronic road...

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NGM: the strengthening of non-food retail trade shows the confidence of the population

The 7.7 percent increase in non-food retail trade reflects a steady increase in public confidence, as it shows that people are buying more and more durable consumer goods – Pomázi...

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70 businesses can expand their capacity from 13.5 billion forints

In order to strengthen its competitiveness and productivity, 70 micro, small and medium-sized enterprises won 13.5 billion HUF support under the Economic Development and Innovation Operational Program (Ginop). Through the...

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NGM: the government helps the innovative Hungarian companies to access foreign markets

The Hungarian government considers it a priority task to help the market expansion of the Hungarian innovative startup businesses to the international space – Varga Mihály said at the Startup...

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