Ministry for National Economy
News
Solar power station owned by local government completed in Monostorpályi
Ministry for National Economy, October 14, 2013 1:14 PM
Monostorpályi is building the future, Minister of State for Employment Sándor Czomba said when he ceremonially connected the solar panel park to Hungary’s domestic electricity network. The HUF 195 million investment project, which produces 300 thousand kWh of electricity per year, was implemented by the support of the European Union.
Annamária Szalay Media Foundation established
Ministry for National Economy, October 14, 2013 1:11 PM
The Foundation, which pays homage to the former president of the National Media and Info-communications Authority, considers it as its main mission to achieve the objectives identified by Annamária Szalay – especially the protection of children and youth against the adverse effects of electronic media, the founders of the organization and the president of the curators’ board said at a press conference in Budapest.
The Government maintains intention of purchasing Dunaferr
Ministry for National Economy, October 14, 2013 10:34 AM
On Friday, Minister for National economy Mihály Varga held talks with the representative of the Russian-owned ISD Corporation Yevgeny Potapov about the future of the Dunaferr conglomerate. At the meeting, Mihály Varga said that the Government maintains the intention to purchase the company and they will do everything in their power to preserve the jobs of company employees.
Knowledge capital is a crucial factor within the Hungarian economy
Ministry for National Economy, October 11, 2013 11:53 AM
Minister of State for Economic Strategy Zoltán Cséfalvay emphasised the crucial role which knowledge capital plays within the national economy at the Figyelő TOP 200 conference in Budapest.
A new milestone of Hungarian-Mongolian economic partnership
Ministry for National Economy, October 10, 2013 1:14 PM
The Hungarian-Mongolian Business Forum organized by the Hungarian Chamber of Commerce and Industry and the Mongolian National Chamber of Commerce and Industry, which was also supported by Hungary’s Ministry for National Economy, held on 8 October 2013 in Budapest was an event which attracted great interest.
Employment scheme to be launched for women above the age of 55
Ministry for National Economy, October 10, 2013 10:21 AM
The Ministry for National Economy is launching an employment programme for those unemployed women who are older than 55 years and who have less than one year of the 40-year employment period required for retirement, Minister of State for Employment Sándor Czomba said at a press conference in Budapest.
The IMF may also be mistaken
Ministry for National Economy, October 9, 2013 4:37 PM
The forecast published by the International Monetary Fund (IMF) in the World Economic Outlook signals that the IMF’s evaluation of the performance of the Hungarian economy is incorrect.
The Government supports Infineon’s new investment project expected to create 533 new jobs
Ministry for National Economy, October 9, 2013 4:35 PM
The Infineon conglomerate, a market-leader among producers and developers of high-performance semi-conductors, expands the existing production capacity at its Hungarian headquarters in Cegléd through an investment project of EUR 65.6 million. This project has been one of the most significant developments of the company in Europe. The contract to provide funding for the development project following a special decision on the part of the Government was signed by Minister for National Economy Mihály Varga and Infineon Deputy President Jörg Spiegel in Budapest. The preliminary phase of decision making and an optimal funding framework have been prepared by the Hungarian Investment and Trade Association.
Banks are the proper institutions for lending
Ministry for National Economy, October 9, 2013 10:35 AM
Although the Hungarian state assumes a role in providing loans for enterprises, but “normally” it is the task of commercial banks to lend to enterprises in line with their business models which are also assisted by state incentives, Minister for National Economy Mihály Varga said at the fourth annual conference of the Association of Hungarian Insurers (MABISZ) in Budapest.
Mongolia is another opportunity for SMEs to gain ground on foreign markets
Ministry for National Economy, October 8, 2013 11:56 AM
The fourth annual meeting of the Hungarian-Mongolian Joint Committee on Economic Cooperation was held today in Budapest where the Mongolian delegation was headed by Minister for Environmental Protection and Green Development Oyun Sanjaasuren and Hungary was represented by Minister of State for Economic Regulation Kristóf Szatmáry.