Retail

Retail

OBI to make major changes in Hungary

German-owned D.I.Y. chain OBI is planning layoffs and restructuring in Hungary and would stop buying from Hungarian business partners, as...

Retail

Unions plan single-lane protest for December 15

Unions scheduled protest with a single-lane demonstration on roads around the country between 7 a.m. and 4 p.m. on Monday,...

Retail

Kovács: Layoffs caused by shop law not gov’t concern

“It is not the government’s duty to make estimates on how many people would be fired due to approved legislation”,...

Retail

Hungary’s Fidesz backs Sunday shopping ban idea

Hungary’s ruling Fidesz party would back a proposal by its ally, the Christian Democratic People’s Party (KDNP) on the mandatory...

Retail

Enbrite.ly wins biggest prize at Slush 100

Hungary-based Enbrite.ly, which says it develops solutions to verify that online advertising spending reaches actual humans, won the biggest prize,...

Retail

Report: Bunge notified tax authority of VAT fraud cases over two years ago

American food company Bunge had informed the Hungarian Tax Authority (NAV) in detail about massive VAT fraud cases more than...

Retail

MBSZ: Sunday closure law would bring layoffs, price hikes

The support of some Hungarian chains for Sunday closings is not based on facts or considerations of market reality, and...

Retail

Get yourself connected to stay ahead of the competition

Nick Kós, Country Managing Partner at PwC Hungary: Evidence of technological change is all around us with mobile devices, wearable...

Retail

Euronics operator revenue to exceed HUF 50 bln

Vorosko, the operator of the Euronics retail chain in Hungary, expects the company’s revenue to climb 18% reaching HUF 50.5...

Retail

Tesco Magyarország posts turnover increase for H1

The Hungarian unit of British hyprermarket chain Tesco reported a 1% turnover increase from a year earlier for the first...

Retail

NAV officials banned from U.S. after corruption charge

Three leading officials of Hungary’s National Tax and Customs Authority (NAV) were blacklisted and banned entry to the United States...

Retail

Hungarian company tops Deloitte Technology Fast 50 list for region

Hungary's Szallas.hu, an online service for booking commercial accommodations, is number one on this year's Deloitte Technology Fast 50 in...

Retail

T-Systems International launches location based mobile advertising

German-based T-Systems International is introducing a new mobile advertising service with the technical support of IT Services Hungary Kft., the...

Retail

Conference at Kempinski covers the cloud

As more and more products are connected to the internet, the cloud is becoming a more important intermediary between ourselves...

Retail

NAV raids bars and restaurants

NAV, the tax office, carried out its largest raid in recent years last week, with 200 officials inspecting practices at...

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...