Retail

Retail

György Wáberer to advise Mid Europa Partners

After the announcement of being bought out from Waberer’s International and retiring from the haulage company’s leading position, founder György...

Retail

Hungarian e-commerce turnover grows further in 2015

The net turnover of Hungaryʼs online retail trade volume reached HUF 319 billion in 2015, reaching 4.1% of total retail...

Retail

C&W leases store to Cadenzza in Budapest

Cushman & Wakefield, acting on behalf of the owner and developer Immobilia Plc., is handling the transaction of the new...

Retail

GKI: Sales at largest online retailers climb 84% in 2015

Sales at Hungaryʼs ten largest online retailers rose 84% reaching HUF 92 billion last year, data compiled by GKI Digital...

Retail

Government to submit bill to scrap voucher system tomorrow

The Hungarian government will submit a bill to Parliament tomorrow that will convert part of the national voucher system into...

Retail

Romanian footwear firm to launch online store for Hungarians

After opening stores in Romania, Il Passo footwear is planning to launch online store operations in Hungary and Bulgaria, investing...

Retail

Hungary to convert part of voucher system to cash

The Hungarian government has asked National Economy Minister Mihály Varga how the conversion of a part of the country’s voucher...

Retail

Coop revenue inches up 2% in 2015

Hungarian retail franchise group Coop Hungary had revenue of HUF 571 billion last year following revenue of HUF 560 bln...

Retail

Praktiker revenue climbs more than one-quarter

Do-it-yourself chain Praktiker had revenue of HUF 32.5 billion last year, up more than HUF 7 bln from 2014, the...

Retail

Report: Hungary considers 26% minimum wage hike

The Hungarian government is planning to increase minimum wage by 26% in 2017, a year before the parliamentary elections, online...

Retail

Spar Hungary receives award

One of the outlets of food retailer Spar Hungary was awarded the title “Store of the Year 2016” in the...

Retail

KSH: Hungary’s e-commerce revenue reaches HUF 229.2 bln in 2015

Revenue generated by e-commerce sales and package delivery services in Hungary reached 229.2 bln in 2015, almost five times the...

Retail

Hungarians could spend less on travel if vouchers system replaced with cash

Hungarians are likely to spend much less on travel, if the country’s unified voucher system, which enables employers to offer...

Retail

Most Hungarian retailers to open on Sundays as of May 8

After the Hungarian government scrapped the Sunday closings law that prevented retailers from opening on Sundays, the majority of retailers...

Retail

Hungarian Tesco promises wage raise

The management of Hungarian Tesco and the associated workers’ unions are approaching an agreement on raising the wages of Tesco...

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...