Tag "NGM"

Retail sales may increase further

The growth in retail sales may remain, if the trends of the last four years continue – the Deputy Minister of State of the Ministry of National Economy (NGM) told...

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NGM: more than 68 billion HUF in EU the development sources

Recent sponsorship decisions were born within the framework of the Economic Development and Innovation Operational Programme (GINOP). 247 projects won more than 68 billion HUF EU development funds – the...

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1.25 billion HUF application to establish electric charging stations

The Ministry of National Economy’s (NGM) application to establish electric charging stations was published on Monday. For the 1.25 billion HUF non-refundable settlemets with more than 15 thousand inhabitants can...

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NGM: moderate inflation in Hungary

A moderate inflation environment can be found in Hungary for two and a half years. This helps in the conservation of wages and pensions values – the Deputy Minister of...

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NGM: retail is expanding for three years continuously

The retail sales are continuously growing for thirty-six months. In the past year, except in January, growth was 4-5 percent each month, compared to the same period of the last...

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NGM: come to the vending machines Connection

Companies operating vending machines can prepare: the Ministry of National Economy (NGM) has finished the draft regulation, which would connect the vending machines to the National Tax and Customs Administration...

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NGM: retail sales increase since nearly three years

Retail sales grow for nearly three years. The growth that lasts for 35 month may remain permanently high this year, due to, inter alia, employment expansion, the rapidly rising wages,...

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The ekáer filters more efficiently from 1 August

The electronic road freight traffic control system (ekáer) will filter more efficiently from 1 August. After the National Assembly had refined the rules of the system, on the basis of...

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NGM: an increase in retail sales confirms the spending of income

The increasing retail sales justify increasing household spendings – Simon Attila, Deputy Minister of State of the Ministry of National Economy (NGM) responsible for labor market told M1 news channel...

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NGM: Hungarian retail grew above the European average

The Hungarian retail sales growth in April was the fourth largest in the European Union, significantly above the EU average of 2.4 percent – the Ministry of National Economy (NGM)...

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100 plus 20 billion HUF to the agricultural medium-sized enterprises

The Prime Minister’s Office allocated twenty billion HUF to support the agricultural medium-sized enterprises in the Rural Development Programme (VP) – agrarszektor.hu wrote. The supports can be used on food...

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MLSZKSZ: the development of intermodal transport will bring several tens of billions on a national economic level

The Association of the Hungarian Logistics Service Centers (MLSZKSZ) submitted a proposal to the Ministry of National Economy to improve the functioning of the domestic intermodal freight transport system. According...

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The government has submitted the new cafeteria rules to the parliament

The employees receive 100 thousand HUF in cash at preferential taxation a year, in addition the employer can allocate 100 thousand HUF to the employees of the public sector and...

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Tállai: the Hungarian government undertook a huge fight for Hungarian pálinka

The Hungarian government undertook a huge fight for Hungarian pálinka. As a result the pálinka law was born, the Pálinka National Council was established, the pálinka has become a Hungaricum...

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NGM: Medical tourism is Hungary’s strategic sector

The medical tourism industry is one of Hungary's strategic sectors, it is a high-growing market – Ruszinkó Ádám, Deputy Minister of State stressed in his lecture held at the Greet...

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NGM: retail sales are increasing for 33 months

Domestic retail sales continues to rise for 33 months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM) told M1 news channel on Wednesday, in...

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Low inflation stimulates consumption

Low inflation is stimulating consumption through the real value of wages and is expected to contribute to gross domestic product (GDP) growth as well – Balogh László, Deputy Minister of...

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NGM: EU proposals to develop the community Internet access points

An application was announced within the Economic Development and Innovation Operational (GINOP) program in a value of five billion HUF for the development of community Internet access points. According to...

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NGM: low inflation and real wage growth helps trade

Due to low inflation and real wage growth, Hungarians like to buy, and partly this is the reason that retail sales increased in March again – Marczinkó Zoltán, Deputy Minister...

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Domestic retail sales growth beats EU average

The volume of retail sales grew by 6.6 percent and 4.4 percent, respectively, in February 2016 and in the initial two months of the year. Thus, an upward sales trend...

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NGM: 300 billion HUF more on GINOP this year

The government increased the framework of the Economic Development and Innovation Operational Programme (GINOP) with 300 billion HUF this year – the Deputy Minister of State of the National Economy...

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NGM: retail trade grew due to increasing employment, personal income tax reduction and low inflation

Retail sales increased by 6.6 percent in February, compared with the similar period of 2015, due to the record-high employment, the one percentage point reduction in personal income tax (PIT),...

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NGM: 300 billion HUF more for economic development this year

The government raised the Economic Development and Innovation Operational Programme (GINOP) by about 300 billion HUF, so the tendering framework increased to more than 2,200 billion HUF and will be...

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New excise rules will help the pálinka makers

The Ministry of National Economy (NGM) is creating a new excise law, which will help the pálinka makers – said Tállai András on Friday, at the excise conference held in...

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New VAT cuts to come

The Ministry of National Economy sent its 2017 budget draft to the Budget Council on Wednesday. Varga Mihály told MTI that next year's budget will be the budget of tax...

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NGM: a strong year start for tourism

The substantial expansion of the international demand and the well-balanced increaseof domestic tourism resulted in a strong year start in the sector – the National Economy Ministry (NGM) emphasized in...

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NGM: retail trade may grow by 6-8 percent this year

This year, retail sales can increase by a pace similar to last year, by an average of 6-8 percent, according to the calculations of the Ministry of National Economy (NGM)...

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Hungarian Cash Machine Association: regulation of the online cash registers have become more rational

According to the Hungarian Cash Machine Association, the new regulation on the online cash machines will easen the unnecessary rigor, impose reasonable rules than before. According to the association it...

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The European Commission rewards the most inspiring businesses

The European Commission rewards the most inspiring businesses again this year. The European Commission’s (EC) Award for the inspiring of European businesses will be organized in Hungary for the first...

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NGM: more than 20 percent increase in the value of SZÉP-card uploads

In the first two month of 2016, 10.9 billion HUF was uploaded to the Széchenyi Rest Cards (SZÉP-cards), which is 22 percent growth, compared to the same period of the...

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