Central Europe

Allegro Eyes Higher First Quarter Profit, Shares Rise

Poland's biggest e-commerce platform Allegro said it expects core earnings to rise in the first quarter as it focuses on cost control, sending its shares u...

Hungarian Retail Sales Growth Slows As Inflation Bites, Czech Real Wages Decline

Hungarian retail sales growth eased in July, data showed, while Czech real wages declined at the sharpest pace in decades in the second quar...

Trading Conditions 'Meaningfully Tougher' In Central Europe, Says Tesco CEO

Trading conditions in Tesco's Central Europe division were "meaningfully tougher" over the past year, chief executive Ken Murphy has said, as the...

Tesco Moves Closer To Sustainability Goals In Central Europe

Tesco Slovakia has announced that it has removed 454 tonnes of difficult-to-recycle plastics from its product assortment across Central Europe in one-...

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...

Tesco 'Would Likely Be Receptive' To Offer For Central European Business, Analyst Suggests

Tesco would likely be receptive to an 'attractive unsolicited offer' for its Central European operations, should one materialise, a leading retail analyst...

Tesco Sees FY Sales Marginally Down Due To Central Europe Transformation

Ongoing work to streamline Tesco's Central European portfolio meant that the retailer posted a 1.0% decline in group sales at constant currency rates in it...

Tesco Committed To 'Improving The Quality' Of Polish Business, Says CEO

Tesco chief executive Dave Lewis has said that the retailer is committed to "improving the quality" of its operations in Poland, in order to deve...

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Tesco CEO: Central Europe Business 'Back To Profitability' Following Store Closures

Tesco Central Europe Commits To Cage-Free Eggs By 2025

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