Tag "NGM"

In Hungary, the health sector gives nearly 10 percent of the GDP

In Hungary, the healthcare industry, including medicine, herbal medicine, pharmaceuticals and biotechnology gives nearly 10 percent of the gross domestic product (GDP). This sector is a dynamically developing industry –...

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The NGM launches a labor safety campaign for agricultural workers

The Ministry of National Economy (NGM), in cooperation with the National Agricultural Chamber (NAK) and the Szent István University, is launching a two-year national labor safety campaign focusing on the...

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NGM: the SMEs have won 14.5 billion HUF grant

590 micro, small and medium-sized enterprises (SMEs) won a total of 14.5 billion HUF for the strengthening of competitiveness for the implementation of investments and for the development of research....

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NGM: retail sales are increasing for forty-six months

Hungarian retail sales have been rising steadily for forty-six months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 channel on Tuesday in...

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NGM: researchers won 7.6 billion HUF grant

Twenty research institutes have won a development aid of 7.6 billion HUF in the framework of two calls from the Competitive Central Hungary Operational Program (VEKOP) – Rákossy Balázs, Minister...

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NGM: real wage growth continues

The real wages are rising for 51 months in Hungary and this process continues, Cseresnyés Péter, Minister of State of the the Ministry of National Economy (NGM) told M1 channel...

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Hungary should become the logistics service center of the region

Hungary needs to become the logistic service center of the region, so the government wants to improve the competitiveness of the carriers, and also wants to help the sector by...

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NGM: More than 100 SMEs won EU funds to increase their competitiveness

A total of 148 micro, small and medium-sized enterprises won nearly 10 billion euros worth EU fundings to increase their competitiveness, to create new products, to develop new technologies and...

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NGM: Online billing may come next year

Online billing may debut next year: online data delivery will be mandatory from 1 July 2018 in case of billing programs. The taxpayers can test the system as early as...

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NGM: every element of the ekáer will be modernized by the end of the year

By the end of the year, all elements of electronic road traffic control system (ekáer) will be electronically earmarked as planned – Molnár Tamás, Deputy Minister of State of the...

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Chamber of Agriculture: 51 percent of the businesses are looking for skilled workers

51 percent of the food business enterprises are looking for skilled workers, 18 percent graduated workers, 7 percent are looking for higher education employees, and there is a 24 percent...

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NGM: retail expansion indicates public trust

Retail sales expanded moderately in February, which have been steadily increasing for 44 months – the Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news...

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The NGM submitted the amendments to the law on advertising tax

The National Economy Ministry (NGM) submitted the amendments to the law on advertising tax to the parliament on Tuesday. Despite the decision of Brussels, the government will not ask for...

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NGM: the growth in household incomes is faster than growth in retail

The strengthening of Hungary is indicated by the increase in household income that exceeds the growth of retail. The data indicates that the propensity to save of the households remains...

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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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