Hungary: latest retail news, insights and analysis | ESM Magazine

Tesco Committed To Central Europe Despite Profits Falling By 50%

Tesco chief executive Ken Murphy has said that the retailer is "committed" to Hungary and the other Central Europe markets in which it has a pres...

Retail Sales Up 1.1% In Hungary In February

The volume of domestic retail sales in Hungary rose by 1.1% in February 2024, compared to the same month the previous year, new data from KSH – ...

Russian Discount Chain Mere Targets Hungarian Market

Russian discount supermarket chain Mere, known for its no-frills approach to retailing, is setting its sights on Hungary.

European Commission Examines Complaint About Hungary's Tax On Foreign Retailers

The European Commission is looking into a complaint about Hungary's tax on retailers, saying it will 'ensure appropriate follow-up' after the Austrian gove...

Retail Trade Volumes Increased In Hungary In January

Retail trade volumes increased by 0.6% in Hungary in January, compared to the same period last year, with calendar-adjusted volumes rising by 0.2% in speci...

New Price Tags On Display As Orban Tries To Get Hungarians To Spend Again

Price warnings on packaged food products that have shrunk in size went on display in Hungary's supermarkets as part of a government drive to boos...

MOL Group Reports EBITDA Growth In Consumer Services Division

Fuel operator MOL Group reported a 61% increase in EBITDA in its Consumer Services division, which includes its Fresh Corner and Gastro forecourt operation...

Consumer Prices In Hungary 3.8% Higher In January: Statistics Office

Consumer prices in Hungary were 3.8% higher on average in January 2024, than a year earlier, according to figures from the Hungarian Central Statistical Of...