Retail

Retail

Telenor tries to transcend typical telcos

The second largest telecom in Hungary, with roughly one-third of the market, Telenor Hungary is a leader in many areas,...

Retail

Aldi opens another store in Budapest

The Hungarian subsidiary of German retail giant Aldi is opening its 108th store in Budapest tomorrow, according to a press...

Retail

For Vodafone, success is a matter of perception

As of April 1, Vodafone scrapped roaming charges for the entire spectrum of its packages. Meanwhile, the size of the...

Retail

Hungarian tax office blocks over 400 online gambling sites

Hungaryʼs National Tax and Customs Office (NAV) has so far blocked 410 unlicensed online betting sites, the office said, responding...

Retail

Parliament modifies Erzsébet meal-voucher scheme

Parliament yesterday approved legislation submitted by the Human Resources Ministry to end the exclusive connection between the Hungarian National Foundation...

Retail

Report: Tesco employees could go on strike in Hungary

Employees of the Hungarian subsidiary of retail giant Tesco have formed a strike committee and are planning to go on...

Retail

Russian embargo, cheap Polish apple hurts Hungarian growers

In addition to the milk and pork industry, Hungarian apple growers are also being negatively impacted by the Russian embargo...

Retail

NNG welcomes new director of product management

Tamás Szabó was appointed director of product management at Hungarian-founded navigation software company NNG, joining the company from German competitor...

Retail

Deichmann sales up 7.6% in Hungary

German-based shoe retailer Deichmann saw revenues in Hungary rise by 7.6%, to reach HUF 38.3 billion over the last year,...

Retail

Hervis opens 27th store in Hungary

Austrian sporting equipment retailer Hervis opened its 27th store in Hungary today, in Veszprém, according to a press statement issued...

Retail

Three Hungarian companies show at CeBIT in Hanover

Three Hungarian companies traveled to Hanover to participate in technology fair CeBIT from March 14-18. The firms were chosen by...

Retail

Hungary’s fifth Michelin star awarded to Costes Downtown

Hungarian restaurant Costes Downtown, located in the luxury Prestige Hotel in Budapest, has been awarded the fifth Michelin star in...

Retail

Hungary’s OT Industries-DKG plans layoff of 170

Hungaryʼs OT Industries-DKG is planning to lay off 170 of its staff due to a drop in Russian orders for...

Retail

Survey: Hungary’s online retail sales up 16% in 2015

Hungary’s online retail sales reached HUF 270 billion in 2015, up 16% as compared to the preceding year, a joint...

Retail

Spar Magyarország sales rise 3% in 2015

The turnover of supermarket chain Spar Magyarország was up 3% compared top the previous year, reaching HUF 488.2 billion in...

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...