Retail

Retail

Average wage in Russia tops $500/month

The average gross monthly wage in Russia in June was 13,810 rubles, that is, more than $500, according to Rosstat,...

Retail

European online marketing to top €16 bln in 2012

Spending on online marketing in Europe will double in the next five years, from around €7.5 billion in 2006 to...

Retail

Europe happy isn’t happy for emissions

Europe's carbon emissions have risen markedly over the last 40 years, but the extra fuel use has brought little increase...

Retail

Alcan: bought by Rio Tinto for $38.1 bln

Rio Tinto on Thursday reached agreement on a deal to buy Canadian aluminum producer Alcan for $38.1 billion, topping the...

Retail

Euro Puppy is on a roll – Euro Puppy offers higher quality, more value than ever

Euro Puppy is the market leader, number one puppy finder in the world. Euro Puppy recently launched a Worldwide Lifetime...

Retail

Cargill acquires Agrograin

US agricultural giant Cargill is buying out Hungarian Agrograin Zrt – reports daily Napi Gazdaság....

Retail

British Dawnay to invest in Satu Mare, Romania

Atrium Centers, controlled by Dawnay, Day PanTerra, has recently acquired 2.7 hectares of land in Satu Mare in order to...

Retail

Private equity firm GED buys leading Bulgarian dairy company FAMA

Spanish private equity firm GED has made its entry into the Bulgarian dairy sector in third position. The firm has...

Retail

Germany’s Takko plans expansion in Eastern Europe

Advent International will acquire German clothes retail chain Takko from Permira Group and expand it in Romania, Bulgaria and Poland....

Retail

McDonald’s to run UK delivery fleet on its own cooking oil

US-based fast food giant McDonald's has reportedly announced plans to power its UK delivery fleet using the cooking oil from...

Retail

Insulin pill for diabetics developed in Britain

A British company has developed a form of insulin that can be taken orally, which will provide better control of...

Retail

Fujitsu Siemens Hungary sees hardware demand slowing

Fujitsu Siemens Computers Kft Hungary has started a new software business in Hungary, because they see that the growth of...

Retail

UK biggest hit in Europe for consumer electronics

Research revealed by GfK confirms the UK's place as the largest market in Europe for consumer electronics, with a projected...

Retail

Hungarian Kürt to start US operations

Information security company Kürt Zrt is planning on registering a new branch in the US this fall, said company CEO...

Retail

Tesco launches retail test lab in India

Tesco Hindustan Service Centre (HSC), a global services arm of Tesco, has unveiled Tesco´s first Retail Test Lab in India...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Retail

Marking 30 Years, Penny Hungary Makes Record Investment

Penny Hungary is carrying out a HUF 13.5 billion investment at its logistics center in Alsónémedi (25 km southeast of...

Retail

Pek-Snack Builds Regional Footprint in 9 Countires on Frozen Bakery Goods

The Hungarian-owned Pek-Snack Group ended 2025 with stable revenue, higher after-tax profit and a stronger export contribution, widening its sales...

Retail

How Retail Tech and Digitalization are Democratizing FMCG

Cutting-edge technology is becoming increasingly accessible in retail. Reaping its benefits is incredibly relevant for a notoriously price-sensitive Hungarian FMCG...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Hungary Retail Sales Rise 4.9% in July

Retail sales in Hungary rose by about 4.9% year-over-year in July in both raw and calendar-adjusted terms, while sales increased...

Corporate, Retail Lending Post Double-digit Growth in Hungary

Corporate and retail lending portfolios at Hungarian banks both expanded at double-digit rates in the 12 months to the end...

Marking 30 Years, Penny Hungary Makes Record Investment

Penny Hungary is carrying out a HUF 13.5 billion investment at its logistics center in Alsónémedi (25 km southeast of...

Pek-Snack Builds Regional Footprint in 9 Countires on Frozen Bakery Goods

The Hungarian-owned Pek-Snack Group ended 2025 with stable revenue, higher after-tax profit and a stronger export contribution, widening its sales...

How Retail Tech and Digitalization are Democratizing FMCG

Cutting-edge technology is becoming increasingly accessible in retail. Reaping its benefits is incredibly relevant for a notoriously price-sensitive Hungarian FMCG...