Retail

Retail

Startup Hoopps to launch ride-sharing in Hungary

New Hungarian startup Hoopps aims to offer mobile phone application-based ride-sharing, while also incorporating marketing and tourism into their offered...

Retail

Diego projects 16% revenue increase in 2017

Hungarian home furnishings retailer Diego projects revenues to increase by 16% to HUF 18.9 billion in 2017, the company told...

Retail

Spar revenues up 5.2% in 2016

Supermarket chain Spar Magyarország posted HUF 516 billion revenues last year, up 5.2% compared to 2015, Managing Director Gabriella Heiszler...

Retail

Rossmann Magyarország revenues up almost 12% in 2016

German-owned health and cosmetic products retailer Rossmann Magyarország posted HUF 68 billion revenues last year, up 11.73% year-on-year, the company...

Retail

Hungary’s retail sales grow 4.8% in January

The volume of retail sales in Hungary in January was up by 4.8% according to raw data, and by 3.8%...

Retail

Magic Lamp Foundation turns to crowdfunding

The Csodalámpa (Magic Lamp) Wish Granting Foundation has turned to crowdfunding for the first time for its latest wish-granting campaign...

Retail

NAV invests HUF 4.3 bln to prepare more PIT returns

Hungaryʼs National Tax and Customs Administration (NAV) has spent HUF 4.3 billion on the hardware and software necessary to prepare...

Retail

Hungary’s retail sales up 4.7% in January

Hungary’s retail sales were up 4.7% in January, compared to the same month a year earlier, according to a first...

Retail

McDonald’s opens career center in Hungary

McDonald’s has opened a career center in Hungary, to help those interested in working at the fast-food chain, or who...

Retail

NNG launches automotive navigation industry blog

Since its launch in 2004, automotive navigation company NNG says it has striven to remain proactive and innovative in providing...

Retail

Serialization to entail big spending for Hungary’s pharmas

Hungary’s pharmaceutical industry, similarly to other European markets, will soon be facing “tremendous investment pressure” due to serialization becoming mandatory...

Retail

IKEA Magyarország revenues up 14.5% in business year

The Hungarian unit of Swedish home furnishings giant IKEA posted HUF 54 billion in revenues in its business year ending...

Retail

Praktiker Hungary names new sales director

László Bagaméri has been appointed sales director at home improvements retail chain Praktiker Hungary, taking effect from February 1, according...

Retail

Hungarian homestay association established

Hungarians whose properties are listed on homestay networks have established a self-governing association to ensure compliance with tax rules and...

Retail

Scottish pub helps homeless, refugees in Hungary

The Caledonia Scottish Pub in Budapest has been offering thousands of hot meals for the homeless and refugees in Hungary,...

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...