Retail

Retail

Hungary appeals Sodexo award with ICSID

Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo,...

Retail

Heat pumps the next big thing on heating market – Ariston

Italian heating systems producer Ariston Thermo, while finishing a record year globally, has retained its leading position on the Hungarian...

Retail

Data security fears hinder spread of online banking services

While Hungarians are generally well prepared to handle their finances compared to other countries in the region, the popularity of...

Retail

Austrian XXXLutz taking over Kika stores in region

Austrian furniture and decoration retailer XXXLutz will take over 22 Kika stores in the Czech Republic, Slovakia, Hungary, and Romania...

Retail

Eyewear Entrepreneur Tipton Swimming With Sharks

The third episode of the first Hungarian edition of global TV franchise “Shark Tank”, where hungry entrepreneurs pitch to potential...

Retail

Hungarian doors, windows in Reykjavík Marriott Hotel

KAV Hungária, a Hungarian company, is involved in providing the doors and windows solutions of the Marriott Hotel being built...

Retail

500,000th Suzuki Vitara Rolled off in Esztergom

The most popular choice amongst Hungarian car buyers has been a favorite of all generations since its release. Magyar Suzuki...

Retail

Coop store chainʼs revenues up 4% in 2018

Revenues of Hungarian supermarket chain Coop rose about 4% to HUF 627 billion last year, the company said on Wednesday...

Retail

Tungsram donates lamps to Transylvanian childrenʼs homes

Marking the International Day of Light, Tungsram has donated 12,000 lamps to Franciscan monk Csaba Böjteʼs Transylvanian childrenʼs homes, according...

Retail

Hungarian ice cream market worth over HUF 35 bln

The Hungarian ice cream market is expected to grow by 20%, generating output of HUF 35 billion, according to the...

Retail

Lubricating the way to Brand Awareness

In an exclusive interview with the Budapest Business Journal, Alexander Sokolov, managing director of URT Oil Trade Kft. talks about...

Retail

AI Community Needs Coordination to Thrive

There’s a lot more going on in the realm of artificial intelligence in Hungary than you might think. However, isolated...

Retail

Spar launches online shop

Retail chain Spar has announced the launch of its online shop, with home delivery services available in Budapest and 49...

Retail

Árkád mall to establish new gastro zone

Budapestʼs Árkád shopping center has begun the creation of a new gastro-space dubbed "FoodLoft" on its upper floor, with the...

Retail

Palatinus, Dagály and Paskál lidos open beach season

This year’s "beach" season will start this Saturday, April 27, with the opening of the Palatinus, Dagály and Paskál lidos,...

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...