Retail

Retail

Tesco opens 58th store in Hungary

Supermarket chain Tesco Global Stores Zrt opened yesterday a 1,000 square meter store in Zirc, northwest Hungary, spokeswoman Éva Bogár...

Retail

Amway Hungary expects to break even in 2006

The Hungarian unit of Amway, the US seller of home and personal care products, plans to break even on revenue...

Retail

Auchan targets 5%-7% revenue increase in 2006

French supermarket chain Auchan expects revenue in Hungary in 2006 to increase 5%-7% over 2005's Ft 185 billion, Jean Paul...

Retail

Online sales expected to reach Ft 30 bln in 2006

Online sales in Hungary will reach Ft 30 billion in 2006, Gábor Lemák, deputy-CEO of GKIeNET, which researches the electronic...

Retail

OBI takes top spot in DIY market

DIY chain OBI Hungary Kft had revenues of Ft 47.5 billion in the fiscal year between May 2004 and April...

Retail

Skandia to expand into Hungary through German unit

Skandia AB, one of Europe's oldest financial services companies, will expand into Hungary through its German subsidiary, Magyar Hírlap reported....

Retail

Origo online ad revenue grows faster than industry average in Q1

Online advertising revenue of origo, one of Hungary's biggest internet portals, increased more than the industry average in Q1 2006,...

Retail

President officially opens parliament

Hungary's new Parliament was officially formed on Tuesday, after all 386 members took their formal oath of office....

Retail

Praktiker profits up 1.5% in 2005 on stagnating market

German do-it-yourself store Praktiker's profits in Hungary increased 1.5% in 2005 and revenue rose to Ft 44 billion in spite...

Retail

Delphi to downsize in Szombathely

Delphi Hungary Kft, the Hungarian arm of motor components manufacturer Delphi, decided on sacking 400 people out of its total...

Retail

BBJ conference focuses on tourism sector developments

The BBJ’s “Investment and Tourism” conference held last Thursday at the Corinthia Grand Hotel Royal focused on tourism projects, details...

Retail

Tesco revenue increases 14% in 2005

Tesco Global Stores Zrt, the Hungarian unit of UK retailer Tesco, had revenue of Ft 473 billion in 2005, 14%...

Retail

Asko makes its move in Hungary

Turkish home improvement chain Asko is set to enter the Hungarian furniture market soon, business daily Napi Gazdaság reported....

Retail

Joint Venture Association elects Fekete as new president

Hungary's Joint Venture Association said on Thursday it elected former vice president István Fekete as its new president at its...

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...