Hungary retailing news - Central and Eastern Europe Retail News

Large DIY chains expanding in Hungary

Although the Hungarian DIY market contracted by one-fifth in 2009, the large retail chains operating on this market continue to plan further expansion, revealed Vilaggazdasag. Of those DIY chains present in ... more »

2010-02-25

New company in charge of wine marketing in Hungary

The Association of Hungarian Grape and Wine producers (MSZBSZ) set up a new company to deal with the marketing and promotion of Hungarian wines. The new company, called Kozossegi Bormarketing, which will focus on the ... more »

2010-02-24

Private-label goods gaining ground in Hungary

In 2009 sales of private-label products in Hungary amounted to HUF 300bn (€1.1bn), according to Nielsen. Within the food products group, the share accounted for by private-label products increased from 21% ... more »

2010-02-16

Rothschild deli chain sold

Rothschild, the most exclusive food store chain in Budapest, was sold. It also underwent a rebranding in November 2009, according to the registry court, as reported by Napi Gazdasag. Under the new ownership ... more »

2010-02-09

M.I.T.I. starts production in Hungary

Manifattura Italiana Tessuti Indemagliabili (M.I.T.I.), an Italian producer of high-quality fabrics, has recently introduced a plant in Szentgotthárd (Western Hungary), where it intends to expand its 40-strong workforce by a ... more »

2010-02-02

Sales of high-proof spirits flat in Hungary

For the twelve-month period ending at the end of November 2009, sales of spirits in Hungary amounted to HUF 70bn (€255.9m) , thus representing little change in comparison with one year earlier, according to Nielsen. Sales ... more »

2010-01-28

Alphapark to open shopping centre in Keszthely

In March 2010 the Austrian majority-owned shopping centre chain Alphapark is to launch its second unit in Hungary in Keszthely, on Lake Balaton. The project represents an investment of HUF 2.2bn (€8.3m). The ... more »

2010-01-19

Inflation will ease up in H1 2010 in Hungary

Inflation in Hungary is forecast to peak in February 2010 and to ease down in the following months, falling at a steeper rate after H1, and reach an annual 2.5% by the end of the year, according to Barclays Capital’s ... more »

2010-01-12