Ministry for National Economy
News
Investment growth best in a decade
Ministry for National Economy, March 3, 2014 2:43 PM
According to the latest data by the Hungarian Central Statistical Office (KSH), in the last quarter of 2014 the volume of investments increased by 14.9 percent year-on-year. It has been since the first quarter of 2004, almost ten years ago, that a larger growth figure was recorded.
„TiJöttök” (YourTurn) programme concluded successfully
Ministry for National Economy, February 28, 2014 2:16 PM
The successful “TiJöttök” programme, under which more than 2500 secondary school pupils had the opportunity to get to know options offered by a career in the field of technical or natural sciences over the past one year, has now been closed, said Minister of State Zoltán Cséfalvay at a press conference held in Budapest.
The international tourism exhibition “Travel 2014” opened in Budapest
Ministry for National Economy, February 27, 2014 3:01 PM
The tourism fair was opened at the Budapest Fair Center by Minister of State for Economic Planning Coordination István Komoróczki, who in his welcome speech pointed out that tourism traffic in Hungary hit a new record high last year, as – according to preliminary data – in 2013 8.8 million guests spent 22.8 million nights in the country.
4 million 30 thousand people already in employment; unemployment rate below 9 percent
Ministry for National Economy, February 26, 2014 10:58 AM
According to the latest data by the Hungarian Central Statistical Office (KSH), in November 2013-January 2014 the number of people in employment aged 15-74 years increased by 176 thousand year-on-year, from 3 million 854 thousand to 4 million 30 thousand. Accordingly, the employment rate improved to 52.9 percent, a new historic high. Over the past four years, the number of those in employment has been up by 280 thousand. Along with the effect of public work schemes, in light of relevant, formerly published KSH data the private sector has been increasingly driving growth. The unemployment rate is at a five-year low of 8.9 percent.
European Commission more optimistic about Hungarian growth prospects
Ministry for National Economy, February 26, 2014 9:44 AM
In the European Economic Forecast Winter 2014 published yesterday, the European Commission forecasts an improved growth outlook for the Hungarian economy. The Commission estimates the fiscal shortfall for 2013 to be significantly lower than the Government’s target. For 2014-2015, the Forecast prognosticates that the deficit will not be above 3 percent of GDP. This European Commission report confirms that the Government has set realistic objectives.
Last year’s employment growth indicates of Job Protection Action Plan success
Ministry for National Economy, February 25, 2014 8:38 AM
Ministerial Commissioner Piroska Szalai, responsible for improving the labour market prospects of women, said at a press conference in Budapest that employment growth registered among both men and women in 2013 is the result of a successful Job Protection Action Plan.
Mihály Varga: „We belong again to Europe’s economic top league”
Ministry for National Economy, February 24, 2014 2:34 PM
In his speech delivered at the opening in Soltvadkert of a production facility of Material Plastik Ltd, an enterprise fully owned by Hungarians, Minister for National Economy Mihály Varga said that Hungary has been back among the best performers in Europe and we are regaining the position the country lost in 2002.
Wages in real terms up by 3 percent last year
Ministry for National Economy, February 21, 2014 11:44 AM
According to the flash report of the Hungarian Central Statistical Office (KSH), in January-December 2013 average gross and net wages increased by 3.4 percent and 4.9 percent, respectively, in comparison to data compiled one year ago.
Waberer's-Szemerey Logisztika Ltd relocates to Miskolc
Ministry for National Economy, February 21, 2014 9:45 AM
At the new Miskolc headquarters of Waberer's-Szemerey Logisztika Ltd, a road transport and storage services company, one hundred new jobs will be created as an investment valued at HUF 3bn was completed and the new facility was ceremonially opened yesterday.
Kazakhstan aims to become the logistics hub of the region
Ministry for National Economy, February 20, 2014 3:45 PM
Kazakhstan’s social and economic development strategy, projected to cover the coming years until 2050, aims to turn the country into the logistics hub of the Central Asian region, complete with related infrastructure, Ambassador of Kazakhstan HE Galimzhan Amirov said at a logistics conference on bilateral relations held in Budapest.