Retail

Retail

Agassi becomes face of Norbi Update brand

Hungarian company Norbi Update Lowcarb, which runs a lifestyle and nutrition franchise system, has chosen American tennis star André Agassi...

Retail

HVG: Beer, wine to dodge state control

The government will monopolize the retail selling of spirits, but beer and wine will be exempt and could be purchased...

Retail

Like tobacco, state may control alcohol sales

Following the Hungarian government’s introduction of national tobacco stores, Parliament is now planning to introduce national beverage stores, reducing the...

Retail

More and more Europeans buy from Hungarian e-shops

Hungarian webshops saw their foreign PayPal turnover rose by 21% year-on-year in H1 this year, online banking service provider PayPal...

Retail

NAV to check restaurants

Tax and customs authority of Hungary (NAV) is launching a comprehensive check of Budapest-located restaurants in order to put an...

Retail

Erzsébet voucher purchases to reach HUF 140 bln

Purchases made with Erzsébet vouchers could reach HUF 140 bln in 2014, increasing from HUF 120 bln last year, Hungarian...

Retail

PwC: Traditional banks could fade away

The market economy of 2025 could possibly operate without the presence of “traditional” banks, according to a PwC report published...

Retail

China-based IT company to open HQ in Budapest

Chinese IT company Pactera is opening its Central European headquarters in Budapest, following the announcement of its €11 mln investment...

Retail

Hungarian software Prezi wins prestigious award

Hungarian presentation software company Prezi was awarded at The Europeas Awards, the most prestigious technology startup tech awards of Europe....

Retail

Canon’s new cloud service introduced in Hungary

Canon has introduced its new worldwide photo storage system Irista a few days ago, which is also available for Hungarian...

Retail

Hungarian MEP denies spy accusations

Béla Kovács, who is a Hungarian Member of European Parliament representing the country’s far-right Jobbik party, denies the accusations of...

Retail

Hungarian national tobacco stores closed for 60 days to lose concessions

National tobacco stores in Hungary are not allowed to operate in hypermarkets and at gas stations anymore, as new regulations...

Retail

Hundreds of Hungarian tobacco stores to stay closed from tomorrow

New regulations controlling Hungarian tobacco stores (or as Hungarians call them: trafiks) force the closure of many trafiks around Hungary....

Retail

Half-million users on Hungarian p2p file sharing site

Although file sharing beyond certain limits can be illegal, Hungary-based peer-to-peer (p2p) website nCore has more than 580,000 users and...

Retail

Gundel terrace renovation inaugurated

Renovation of HUF 120 million was inaugurated for Budapest's Gundel Restaurant, the standard-bearer for Hungarian catering....

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...