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

Valeo Foods To Acquire Confectionery Firm I.D.C. Holding

Valeo Foods Group has agreed to acquire I.D.C. Holding, a producer of wafers, biscuits, chocolates and other confectionery items in Central and Eastern Eur...

EU Governments Fail To Agree On Gene-Editing Rules

A last-ditch attempt by EU governments to break a deadlock over relaxing regulations on gene-edited crops failed after countries including Poland...

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...

Hungary Will Not Reintroduce Import Ban On Ukrainian Honey Despite Protests

Hungary will not reintroduce a ban on honey imported from Ukraine despite demands by honey farmers who have protested saying cheap honey from Ukraine pushe...

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...