Tag "NGM"
Online Cash Registers may be introduced in the case of other service providers
The government is preparing further steps to fight against the black economy. Such steps will be the launch of the electronic billing system, as well as the introduction of the...
Read moreNGM: the slowdown in growth is due to the weaker performance of agriculture this year
The slowdown in GDP growth is due to the weaker agricultural performance this year, compared with last year, which is the result of the droughty summer and previous year's high...
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The NGM is working on an agricultural lending stimulus package
The government is working on an incentive package to assist agricultural enterprises to get loans, in accordance with EU financial regulations – Hornung Ágnes, Minister of State for Finance in...
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NGM: retail sales became clearer thanks to the introduction of the online cash registers
The effect of the introduction of the online cash registers in last September could be only felt moderately, but this year retail sales became clearer as well as the economy...
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NGM: foreign trade growth has a healthier structure
In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls...
Read moreThe NGM expects a retail sales expansion by the end of the year
According to the expectations of the Ministry of National Economy (NGM), retail sales in November and December will be higher than in the same period of the previous year. Lenner...
Read moreNGM: the August slowdown was only temporary in retail
In the first eight months of the year, the volume of retail increased by 6 percent, which adjusts to the other growth trends of the Hungarian economy. The August slowdown...
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The Ministry of National Economy organized a professional day about Chinese Tourism
The National Economy Ministry (NGM), organized a Chinese-Hungarian tourism professional day. The aim of the event – involved about eighty tourism professionals interested in China's relations – was intended to...
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Analysts expect a 3-4 percent average wage growth this year
Analysts polled by MTI expect a 3-4 percent average wage growth for this year, and since inflation is around 0 percent, real wages are expected to rise with the same...
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NGM: the structure of industrial production is getting more and more balanced
The structure of industrial production is getting more and more balanced. In addition to the automotive industry, the pharmaceutical and food industries also helped the foreign trade in August –...
Read moreNGM: the market followed the changes came with the Sunday rest day
The market followed the changes came with the Sunday rest day: there is a labor shortage in the Hungarian retail, on which the companies operating in the sector may react...
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NGM: the expansion of the food industry also contributed to foreign trade
Vehicle exports, as well as the performance expansion of the pharmaceutical and food industries also helped the foreign trade dynamics in the first seven months of 2015 – Marczinkó Zoltán...
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Great Hungarian Tourism Day in Vienna
This year's Great Hungarian Tourism Day is about Budapest's cultural attractiveness. The year's Great Hungarian Tourism Day will be held on Thursday at the Hungarian embassy in Vienna; at the...
Read moreNGM: low inflation helps retail sales growth
The minimal inflation is contributing to real wage growth, so the households are able to buy more products, which also helps to achieve a growth in turnover – Lenner Áron...
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The third of the GINOP funds will be available this year
More than 900 billion HUF EU development funds will be available later this year for the micro, small and medium-sized enterprises, which is the third of the 2,700 billion HUF...
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The government calls for joint EU action against tax evasion
The EU countries should act against tax evasion in a coordinated way, by learning from each other- the National Economy Ministry (NGM) emphasized on Tuesday. Rákossy Balázs, Minister of State...
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NGM: the government defined the conditions of the release of the SZÉP-cards compatible with the EU law
The government defined the conditions of the release of the Széchenyi Rest Crads (SZÉP-cards) in accordance with the EU laws. The situation, developed in the EU dispute will be meaningfully...
Read moreA traffic vitalizing campaign will be launched in order to retain the Russian market
A traffic vitalizing campaign will be launched at the end of September in an amount of 26 million HUF in order to retain the Russian market – Ruszinkó Ádám, Deputy...
Read moreThe Ostoros-Novaj Bor Zrt. plans a 10 percent increase in sales this year
The Ostoros-Novaj Bor Zrt. plans a 10 percent sales growth this year, compared to last year. The company's net sales amounted to 1.6 billion HUF in 2014 – Soltész Gergő,...
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NGM: tourism cooperation may expand further with China
The Central China and Eastern Europe tourism cooperation also wants to be an active participant of the Chinese, One Zone, One Way foreign economic strategy – Varga Mihály, Minister of...
Read morePankucsi: Hungary protects the tobacco surtax
Hungary would like to defend the health care contribution on the tobacco industry and the food chain supervision fee, therefore, the European Commission in Brussels will be given this the...
Read moreA 30 percent growth is expected in online purchasing this year
Online shopping increases much faster than “anything else” in the sector. Compared to the previous year a roughly 30 percent increase is expected – Glattfelder Béla, Minister of State for...
Read moreNGM: the Hungarian retail is more than three times higher than the EU average
Retail sales are expanding in Hungary for two years. The increase in June was the fourth fastest in the European Union, and it was more than three times higher than...
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The EU support of the SMEs may reach 3-4 percent of the GDP next year
The amount of the European Union subsidies that the government will send to the small and medium-sized enterprises (SMEs) may reach 3-4 percent of annual GDP next year – Karsai...
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The Small-Scale Association wants no online cash register at rural accomodiations
The Kisléptékű Termékelőállítók és Szolgáltatók Országos Érdekképviseletének Egyesülete (Small-Scale Association) does not support the village hosts’ obligations for online cash registers and asks for the withdrawal of the related standards....
Read moreNGM: Retail trade is constantly expanding for two years
The retail sector is growing continuously for two years. Retail trade in June increased by more than 6 percent, compared to a year before, but the first half-year figures also...
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NGM: the Széchenyi Rest Cards play a key role in the domestic tourism
In June, the Széchenyi Rest Card usage at commercial accommodations increased by 5.4 percent, compared to the same period last year. In June almost 1.5 billion HUF was spent by...
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NGM: the government considers the small and medium-sized enterprises as strategic partners
The government considers the small and medium-sized enterprises as strategic partners. As a sign, the SMEs have benefited several tax incentives since 2011. Pankucsi Zoltán, Deputy Minister of State for...
Read moreTourist accommodation development in the pálinka distillery in Tuzsér
The Gyümölcspárlat Bt. built accommodations with a fifty million HUF EU and domestic investment at the site of the pálinka distillery in Tuzsér, Szabolcs-Szatmár-Bereg county. The investment was handed over...
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