Tag "NGM"
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...
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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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...
Read moreNGM: 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...
Read moreNGM: 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...
Read moreNGM: the growth of retail sales lasts for more than four years
The growth of retail sales lasts for more than four years, for 49 months – Pomázi Gyula, the Deputy Minister of State of the Ministry of National Economy (NGM) told...
Read moreHungary’s only duty free zone was established in Záhony
The Association of Hungarian Logistics Service Centers (MLSZKSZ) welcomes that the Ministry of National Economy (NGM) designated a 17,400 square meter duty free zone in Záhony’s Free Business Zone. As...
Read moreNGM: 45 SMEs received 5 billion forints development support
In order to improve its competitiveness and research and development 4.5 billion HUF were given as research and development support to 15 small and medium-sized enterprises (SMEs) in Pest county....
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The government is also helping the SMEs entering the stock market
The government supports the companies interested in entering the stock market with two initiatives – Rákossy Balázs, Minister of State of the Ministry of National Economy said at the meeting...
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The Hungarian Pavilion won Silver medal at the World Expo in Astana
The Hungarian pavilion was the second best of its category at the World Expo in Astana, meaning that the Hungarian exhibition was not only appreciated by the public, but also...
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