Tag "NGM"

NGM Minister of State: a strong surge in investment is expected in the next few years

Powerful surge in investment is expected in the next few years, Hungary’s investment rate will be over 20 percent in the long-term – Hornung Ágnes, Minister of State of the...

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NGM: several programs to help SMEs digitization

The “factory model” program that was launched this year promotes the technological development of the small and medium-sized enterprises (SMEs), as well as the dissemination of digital information and communication...

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NGM Deputy Minister of State: the growth of retail sector is continuous for 43 months

Retail turnover is continuously increasing for 43 months. The above average January sales growth is due to the fact that because of higher wages that arrived in February, confidence increased...

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The preparation of online billing to accelerate

The government does not intend to introduce new taxes – Varga Mihály told Magyar Idők. The Minister of National Economy prefer to increase state revenues combating the black economy. The...

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NGM: egg price comparision will be easier from Monday

According to a regulation change coming into force on Monday, the price of eggs must be indicated in the same font size as the unit price per weight – the...

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NGM: customs and VAT revenues increased

In the first two months of the year, Hungary’s EU customs revenues increased with almost 5 billion HUF, while 4.3 billion HUF more Value Added Tax (VAT) flown into the...

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NGM: retail sales increasing for 43 months

The growth in retail sales continues in Hungary. The growth in consumption lasts for 43 months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM)...

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The number of card-accepting terminals may increase with 25-33 percent

This year an explosive growth is expected in the number of card accepting terminals – privatbankar.hu wrote. In Hungary, credit card acceptance points appeared with the development of the dual...

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NGM: retail sales are expanding for forty-two months

While retail sales are expanding for forty-two months, consumption has expanded at a rate has not seen since 2003 in 2016, thanks to improving employment indicators and the low inflation...

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The rise in real wages can be 8 percent this year

This year, real wages can increase by 7-8 percent in addition to a 1-1.5 percent inflation rate – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM)...

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Newer applications for local economic and tourism development

Another five, call for proposals were published aim to support of local economic and tourism development, energy modernization and development of sustainable urban environment. The value of the call for...

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NGM: 547 billion HUF development funds for the counties

Decisions will born soon on the usage of the 547 billion HUF development funds of the Town and Regional Development Operational Programme (TOP) for the counties – Rákossy Balázs, Minister...

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NGM Minister of State: earnings will also rise in the higher wage brackets

Earnings will also rise in the higher wage brackets due to the introduced tax cuts – Cseresnyés Péter, Minister of State for National Economy Ministry (NGM) told M1 news channel...

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NGM: retail turnover increased in all three sub-sectors in 2016

Retail sales increased last year in the food, non-food and fuel retail sub-sectors – Marczinkó Zoltán István, Minister of State of the Ministry of National Economy (NGM) told M1 news...

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The food vending machine operators will be given 1.8 billion HUF support for the purchase of the monitoring device

According to the decision of the government, the Food vending machine operators will be given 1.8 billion HUF support for the purchase of the monitoring device – the Magyar Közlöny...

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The NGM turns to the competition office if the effect of the VAT reduction fails

The National Economy Ministry (NGM) will turn to the competition office if the market operators violate of the competition rules and affect the market processes in a way that the...

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The NGM launched a social consultation tender on a tourism application

The social consultation on the application for integrated product and service development of the key areas in tourism has started. The proposals can be submitted until 11 February. Rákossy Balázs,...

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NGM: retail trade may increase further through the wage agreement

Through the wage agreement adopted by the Government and the social partners last November, the minimum wage and the guaranteed minimum wage for skilled workers will significantly increase. According to...

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NGM: real wage growth may continue this year

This year, the four-year rise of real wages can continue. The basis of the increase is the improved economic performance and the government’s economic policy – Simon Attila, Deputy Minister...

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NGM: 30 thousand credit card acceptance terminals will be built by the enterprises from government support

This year, the number of debit card terminals will increase by 30 percent, due to the support program initiated by the Ministry of National Economy (NGM) – the ministry told...

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Twenty thousand new online cash register users in 2017

The Ministry of National Economy (MNE) estimates that from January 1, the range of online cash machine users will expand by about 20 thousand enterprises. More than half of the...

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NGM: 3500 new cash registers were put into operation

Until Monday noon, the enterprises installed around 3500 new cash registers. The 50 thousand HUF public support pertains to those cash registers that will be put into operation until 31...

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NGM: wages will increase in tourism through tax cuts

Cseresnyés Péter Minister of State of the Ministry of National Economy at a press conference after a forum on tourism on Friday in Hévíz told that the government encourages the...

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NGM: more than eight thousand entrepreneurs have claimed support

More than eight thousand entrepreneurs have claimed support for the purchase of online cash registers. Tamásné Czinege Csilla, Deputy Minister of State of the Ministry of National Economy (NGM) told...

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The NGM expects a further expansion in retail trade

Retail sales will significantly increase during the Christmas shopping season and in the coming months and years – the Deputy Minister of State of the National Economy Ministry (NGM) told...

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The aim is to strenghten the Russian visitors based medical tourism

The Ministry of National Economy (NGM) aims to increase the Russian medical tourism to Hungary’s spas significantly – the Minister of State of the NGM told MTI. Lepsényi István told...

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The Hotel Caramell wellness center was inaugurated in Bükfürdő

Tourism performance is getting stronger in Hungary, because the country is considered as a safe and predictable destination – Rákossy Balázs, Minister of State of the Ministry of National Economy...

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NGM: another one billion HUF for kindergarten kitchen improvement

The Minister for Economic Affairs decided to grant a further one billion HUF support to improve the technical conditions of children’s nutrition. Thanks to this additional amount, the kitchens of...

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More EU funds for economic development proposals this year

70.6 billion HUF more, a total of 2327.4 billion HUF will be the total budget of the proposed economic development projects – was confirmed by the Ministry of National Economy...

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NGM: the government supports the whitening of the vending machine market

The government supports the entrepreneurs dealing with food and drinks vending machine market by HUF 1.5 billion HUF. The amount is expected to fully cover the acquisition of the automated...

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