Tag "NGM"
NGM: retail sales are growing steadily for 55 months
Retail turnover has been growing steadily for 55 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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NGM: operators of food and drink machines have to install the so-called automated control unit by 1 July
Businesses operating food and drink vending machines must install the so-called automated control unit by 1 July, which will enable the National Tax and Customs Office (NAV) to track the...
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NGM: the economic cooperation in the Carpathian Basin should be expanded further
The aim of the government is to develop an economic space in the Carpathian Basin by investing and strengthening business relations that will reach the level of economic integration of...
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Real earnings may rise above 6 percent this year
According to the calculations of the ministry, real earnings may rise above 6 percent this year – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM) responsible...
Read moreNGM: Nearly 6,500 billion HUF investments have been implemented in Hungary in 2017
Last year, nearly 6,500 billion HUF worth of development was made in Hungary, which represents an increase of almost 17 percent, compared to the previous year, considering the volume of...
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OECD expects the wage convergence in Hungary
The increase in earnings was the second highest last year in Hungary among the 28 member states of the European Union – Szalai Piroska, advisor of the Ministry of National...
Read moreNGM: retail sales may continue to grow
Growth in retail sales may continue, as the outstanding wage increase may increase household consumption this year – the Ministry of National Economy (NGM) told MTI on Thursday. The Central...
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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...
Read moreNGM: 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...
Read moreThe 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...
Read moreThe 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...
Read moreNGM: 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...
Read moreThe 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...
Read moreNGM: 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...
Read moreThere 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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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...
Read moreNGM: 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...
Read moreNGM: 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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