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

Tesco Launches Reusable Plastic Bags In Central Europe

Tesco has launched reusable shopping bags made with plastic waste from its operations, according to SOCR ČR, the Czech commerce and tourism confederation....

Fuel Operator MOL Group Reports 'Strongest Quarter Ever'

The lifting of coronavirus restrictions helped boost revenues and EBITDA at Hungarian fuel operator MOL Group in Q2, which the group said was its 'stronges...

SPAR Hungary Opens Its 600th Store

SPAR Hungary has reached a new milestone with the opening of its 600th store. Located in the village of Vaskút, in Bács-Kiskun County...

MOL Group To Acquire Full Ownership Of OMV Slovenija

Croatian oil and gas company INA and its biggest shareholder, Hungary's MOL Group, have reached an agreement to buy the Slovenian operations of Austria's O...

Fuel Operator MOL Group Expands Operations In Slovakia, Hungary

Budapest-based fuel operator MOL Group has expanded its operations in both Slovakia and its native Hungary, following the completion of two transactions....

SPAR Acquires Hungarian Meat Company Zimbo Perbál

SPAR has announced that it has acquired the Hungarian meat company Zimbo Perbál. The acquisition will strengthen the retail giant’s posit...

What Next For Tesco In Central Europe? Four Possible Future Scenarios

Following the sale of its Polish operations, Tesco has a number of options available for its Central European business, as Amin Alkhatib, senior retail ana...

Retail Turnover Sees Double Digit Decline In Hungary

Retail turnover fell by 10.2% in Hungary in April, compared to the same period the previous year, mainly due to the impact of coronavirus, according to dat...