Retail

Retail

New healthcare system in testing

The law obliging every health care provider to verify whether incoming patients have the privity making them eligible to receive...

Retail

Cadence Innovation signs agreement to acquire Collins & Aikman Plastics business

Cadence Innovation LLC announced yesterday it has signed an Asset Purchase Agreement (APA) to acquire substantial assets and operations of...

Retail

Germany’s Asko opens first furniture store in Hungary

Germany’s furniture chain Asko has opened its first store in Budapest that it built from €5 million....

Retail

Burger King to enter Eastern Europe with Warsaw site

Burger King Europe GmbH, a unit of Burger King Corp., the second-largest US hamburger chain, has awarded the rights to...

Retail

Finnair to buy Airbus A350s for long-haul routes

Finnair Oyj, Finland’s 83-year-old state-controlled airline, said it ordered two Airbus SAS A350 XWB aircraft models and plans to buy...

Retail

Volkswagen’s Lamborghini introduces faster model

Lamborghini SpA, whose sports cars are driven by actor Jamie Foxx and soccer star David Beckham, introduced a new car...

Retail

Russia’s Deripaska bids for Bosnian smelter to expand

Russian billionaire Oleg Deripaska, owner of the world's third-largest aluminum maker, is bidding to acquire 88% of Bosnia's Aluminij Mostar...

Retail

Bosnia invites offers for largest aluminum smelter in Balkans

Bosnia invited offers for an 88% stake in its sole aluminum smelter, Aluminij Mostar, at a starting price of €76.8...

Retail

Tesco tests fuel for contamination on industry advice

Tesco Plc said it's testing its fuel for silicon following customer complaints their cars broke down after using fuel bought...

Retail

Hungary distributes 2007 emissions allocation

The government has distributed Hungary's 2007 emissions allocation, comprising 30,514,000 credits, to 216 companies, adviser at the Ministry of Environmental...

Retail

Briatore, Formula 1 team boss, expands „Billionaire” boutiques

Flavio Briatore, the Italian millionaire who runs the Renault Formula One motor-racing team, opens his fifth „Billionaire” fashion boutique today...

Retail

UK seeks brokers to sell 2007 emission permits

The UK government invited brokers and traders to submit bids for the right to sell surplus carbon-dioxide emissions rights on...

Retail

Mexico’s Alfa gets EU approval to buy Norsk Hydro casting unit

European Union regulators approved Alfa SA's €416 mln ($546 mln) purchase of Norsk Hydro ASA's aluminum casting unit’s in Hungary,...

Retail

EU to eliminate Gulf aluminum, petrochemical tariffs

A 6% tariff on the import of aluminum to the EU will be eliminated when a proposed free-trade agreement with...

Retail

Microsoft says Orange and T-Mobile will use new mobile software

Microsoft Corp., the world's largest software maker, announced an accord to put its new mobile operating system onto phones from...

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...