Retail

Retail

Hungarians consider on-the-job training essential, despite lack of opportunities

According to an OTP-sponsored survey, a large portion of working age Hungarians want to learn new things at the workplace,...

Retail

Hungary’s online retail trade tops HUF 500 bln in 2017

According to research by eNET, the net volume of online retail in Hungary totaled HUF 545 billion in 2017, with...

Retail

Hungaryʼs online invoicing kicks in on Sunday

As of Sunday, July 1, all companies must send the tax authorities a copy of their invoices containing VAT higher...

Retail

Hungarians increasingly distrust mainstream media

The Reuters Institute for the Study of Journalism has released this yearʼs edition of its Digital News Report. With the...

Retail

McDonaldʼs Magyarország profits skyrocket in 2017

Revenues of McDonaldʼs Magyarországi Étterem Hálózat, which owns the 40 McDonaldʼs fast food restaurants in Hungary that do not operate...

Retail

Sándor Demján, chairman of TriGránit, dies at 74

Hungarian businessman and entrepreneur Sándor Demján, chairman of real estate company TriGránit, died Monday evening aged 74, real estate developer...

Retail

Record sales for Praktiker in 2017

Revenues of local do-it-yourself stores operating under the Praktiker brand rose by 22% to HUF 47.8 billion last year, Managing...

Retail

Concepts for circular economy emerge to keep material in use

Almost half of the world’s top 100 companies utilize the so-called circular economy to counter the wastefulness of the traditional...

Retail

Discount chains bring lower prices to Lake Balaton

The tourist season has already started at Lake Balaton, the most popular vacation destination for Hungarians. With the expansion of...

Retail

Hungarians vulnerable to financial risks, says MNB

A recent consumer protection report released by the National Bank of Hungary (MNB) revealed several irregularities in credit lending to...

Retail

Parcel delivery prices on the rise

The price growth in logistics services which began late in 2017 has continued and is expected to continue throughout this...

Retail

Retaliation against Trump’s trade war likely to affect Hungarian consumers

The European Union has responded to the tariffs levied by the United States with new taxes on American imports, propelling...

Retail

Big chains continue to dominate Hungaryʼs FMCG market

According to publicly available figures, small FMCG stores have no chance of competing with multinational chains, which are much better...

Retail

Government to launch free invoicing tool for SMEs

The government will provide online invoicing software developed by the National Tax and Customs Administration (NAV) free of charge to...

Retail

Retail sales increase 4.3% in April

Retail sales in Hungary rose 4.3% year-on-year in April, the Central Statistical Office (KSH) said in a first reading of...

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...