Hungary's e-trade sector estimated to be worth Ft 30 bln in 2006

Retail

Hungary's electronic trade sector is expected to be worth Ft 30 billion in 2006; and next year it could reach Ft 45 billion, according to projections compiled by the Ministry of Economics and Transportation.

Online sales in Hungary have grown markedly over the past several years. In 2004, the segment was worth Ft 12 billion, and in 2005 it expanded to Ft 19 billion. The number of online stores in Hungary is estimated to have increased 20% to 800 in 2006. (Mti-Eco)

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