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Automated Container Store Developed by Kende Gastro

D&T
May 16, 2022

Kende Gastro Plc. has unveiled Hungary's first automated container store using artificial intelligence; the company is the exclusive European distributor of the technology and plans to expand to neighboring countries, Gábor Kende, founder and CFO of the company, told the state news agency MTI. The automated stores do not require staff, including cashiers, and use […]

Sales in Hungarian Retail Shops Up by 9.8% in February

D&T
Apr 6, 2022

In February 2022, the volume of retail trade in both raw and calendar-adjusted data in Hungary was 9.8% higher than in the same month of the previous year, the country's Central Statistical Office reports. In February, calendar-adjusted sales volumes rose by 3.4% in specialised and non-specialised food shops, by 14.6% in non-food retailing and by […]

Retails Sales Up in Hungary by 6.2%

D&T
Feb 3, 2022

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2% when adjusted for calendar effects compared to the same period of the previous year, Hungary’s Central Statistical Office reports. Calendar-adjusted sales volumes rose by 2.7% in specialized and non-specialized food shops, by 8.7% in non-food […]

Most Hungarian New Car Buyers Prefer Hybrid/Electric

D&T
Feb 1, 2022

When asked about future car purchases, 72% of Hungarian car buyers say they would choose either a hybrid or electric car. This figure is 44 points higher than the percentage of Hungarians who said they would buy a diesel or petrol vehicle (28%). More specifically, 37% would purchase a hybrid vehicle and 35% would opt […]

Best Selling E-Commerce Items in Hungary

D&T
Feb 1, 2022

Online sales of food, household goods and drugstore products grew by almost 45% in Hungary in the first nine months of last year, and this sector grew fastest in online retail in 2021, according to a research by GKI Digital Online Retail Big Picture. According to the summary sent to the state news agency MTI, […]

LIDL Hungary Inaugurates New Logistics Center

D&T
Jan 28, 2022

Lidl Hungary's fourth and largest 62,000-m2 logistics center was inaugurated in Ecser, Pest County this Friday. The company received a HUF 1.2 billion non-refundable investment promotion grant from the government for the HUF 36 billion investment, creating more than 400 new jobs in the region. It was in the summer of 2020 that Lidl Hungary […]

Seamless and Closer to the Customer

Sándor Laczkó
Dec 11, 2021

JYSK, the largest Danish retailer operating internationally, celebrated its 40th anniversary two years ago. Since 2005, JYSK is present Hungary where it continuously expands its store network and will soon have a regional distribution center as well. As JYSK's Country Manager for Hungary, Austria and Greece, Sándor Szimeiszter tells Diplomacy&Trade, “JYSK has been very successful […]

Tesco Celebrates 25 Years in Hungary

D&T
Nov 8, 2021

It was this day in 1996 that saw the opening in Hungary the first Tesco hypermarket, which was unique in the region. On the opening day, the store in the Pólus Center shopping mall was visited by so many people that they waited in queues of hundreds of meters long for hours to get in. […]

Sales in Hungarian Retail Shops Up by 4.1%

D&T
Oct 6, 2021

In August 2021, the volume of sales in retail trade increased by 4.6% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year. A fresh report by the Central Statistical Office says that in August, calendar-adjusted sales volumes rose by 1.7% in specialized and […]

JYSK Opens Large DownTown Store in Budapest

D&T
Aug 28, 2021

The Danish household goods retail JYSK chain has opened its first large-format, 900-square-meter store in the city center of Budapest. The company is expanding despite the coronavirus epidemic: it currently has 88 stores in Hungary, four of which opened this financial year and three more planned for the next. JYSK employs more than 800 people in […]

Used Cars Substantially More Expensive in Hungary

D&T
Jul 20, 2021

The need for own cars and independent mobility is becoming more and more important in Hungary, and this is reflected not only in the growing interest in new cars, but also - and especially - in used cars. Growing demand and the rising cost of replacing cars on the market have also led to a […]

Hungarian Grocery Stores Doing Well

D&T
Jun 13, 2021

Hungarian grocery stores achieved significant growth in May 2021, with sales up 20% compared to two years earlier, the news site napi.hu reports. Retail sales increased in May, according to the latest figures from the Hungarian Central Statistical Office (KSH) based on online checkout data. The grocery store revenues were not compared to May last […]

Sales in Hungarian Retail Shops Up by 10.6%

D&T
Jun 4, 2021

In April 2021, the volume of retail trade increased by 9.9% in raw data and by 10.6% in calendar-adjusted data, compared with the same period of the previous year, as a result of the gradual lifting of restrictions from mid-month, and the low point in April last year. In April, calendar-adjusted sales volumes rose by […]

New Car Sales Up in Hungary This Year

D&T
Jun 2, 2021

In May, Suzuki again registered the highest number of new passenger cars sold in Hungary: 1,564 vehicles, 13 more than in April. This means that it has gained 14.62% of the market, the business daily Világgazdaság reports. The newspaper notes that compared to the last two years, the brand had the largest share in May […]

JYSK Store Managers Help Find 2,000 New Colleagues

D&T
Apr 28, 2021

Having reached the significant milestone of having 3,000 stores worldwide, JYSK, a Danish retail chain selling household goods such as mattresses, furniture and interior décor, has set itself the next target: 5,000 stores in total. This means that the store chain will soon need a lot of new store managers. A major Employer Branding campaign […]

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