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retail trade

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Aldi Hires New Staff in Hungary

D&T
Aug 14, 2020

German retail chain Aldi's Hungarian companies will create 250 new commercial, logistics and IT jobs in Hungary by the end of the year, according to Aldi Magyarország Managing Director Bernhard Haider. They are looking for 100 new employees in their stores, and the cold storage warehouse in Biatorbágy, which will be completed in the autumn, […]

Sales Volume in Retail Shops Remain Unchanged

D&T
Aug 5, 2020

In June 2020, retail stores were already open without epidemiological restrictions throughout the country, so their sales volume increased by 0.8% according to raw data and remained essentially unchanged according to calendar-adjusted data compared to the same period last year. The Central Statistical Office says the volume of sales, adjusted for calendar effects, decreased by […]

Cash register Figures Not Improving

D&T
Jun 26, 2020

In the first half of June, according to cash register data, store revenues were 3.7% lower than before, which is worse than the 2.6% decrease in May. In addition, people bought less in grocery stores, and the jump in online store revenues is also smaller than the April peak. The survey was made for the […]

Aldi Expands its Hungarian Logistics Center

D&T
Jun 16, 2020

Aldi's logistics center in Hungary will be expanded with an 8,800-square-meter cold store, doubling its cold storage capacity in the country, according to an interview with Bernhard Haider, the Hungarian managing director of the discount chain. The company can thus provide a much larger range of refrigerated products to customers, while at the same time […]

Retail Shops Sales Falling

D&T
Jun 4, 2020

In April 2020, the volume of sales in retail shops, including mail order and internet retailing, according to both raw and calendar-adjusted data, decreased by 10.2% compared to the same period last year, the Central Statistical Office reports. Due to the epidemiological emergency, regulatory restrictions were introduced, which also affected retailing, with an impact on […]

Support for Retailers

D&T
May 28, 2020

Many retailers have been adversely affected by the special retail tax re-introduced by the Hungarian government from May this year and the opening restrictions on a significant number of shops from mid-March to mid-May. However, there are state subsidies, tax and financial incentives that can also be applied in this sector. Several of these will […]

Gov'nt Makes Special Crisis Retail Tax Permanent

D&T
Apr 29, 2020

Tuesday night, the Hungarian government submitted a bill on a special retail tax to parliament. This extends the application of a government decree promulgated two weeks ago. Thus, the tax must not only be paid until the end of the emergency situation due to the coronavirus epidemic, but the Hungarian tax system will be expanded […]

Shopping center in Budapest

Special Tax for Multinational Retail Chains in Hungary

D&T
Apr 16, 2020

The Hungarian government wishes to put some of the burden of handling the coronavirus pandemic by levying special taxes on banks and retail chains. The latter mainly concerns the multinational retail chains present in Hungary as the Hungarian store chains were made exempt from this tax by the government, according to a new study by […]

JYSK Distribution Center To Be Set Up in Hungary

D&T
Apr 14, 2020

The international furniture and home retail chain JYSK has announced to build a distribution center in Ecser, southeast of Budapest, to provide stores in seven countries with goods. Due to this investment worth EUR 200 million, the Danish furniture company is going to create 300 new jobs. Following the opening of its first shop in […]

Christmas Shopping Helps Retail Trade to New Record

D&T
Dec 23, 2019

Hungarian retailers are likely close the year with record sales: the December consumption of the population was expected to reach HUF 1,200 billion, well above predictions, according to the Hungarian news agency MTI. The last weekend before Christmas saw bigger crowds in shopping malls, markets and Advent fairs than ever before. The parking lot of […]

Growing Sales in Hungarian Retail Shops

D&T
Nov 6, 2019

In September 2019, the volume of sales in retail shops in Hungary increased by an annual 6.3%, according to raw data, and by 5.8% when adjusted for calendar effects. The country’s Central Statistical Office reports that the volume of sales, adjusted for calendar effects, rose by 3.0% in specialized and non-specialized food shops, by 8.6% […]

Retail Sales Increase in August

D&T
Oct 4, 2019

The volume of sales in retail shops increased by 5.8% in August from a year earlier, according to data adjusted for calendar effects, Hungary's Central Statistical Office reports. Sales rose by 3.4% in specialized and non-specialized food shops, by 9.8% in non-food retail shops and by 4.3% in automotive fuel retailing. In January–August, the volume […]

Aldi Supermarket Sign

Aldi Expands IT Service Center in Hungary

D&T
Sep 3, 2019

Retail chain ALDI will expand the competence and headcount of its Information Technology service center in Pécs, southern Hungary, the Hungarian Investment Promotion Agency (HIPA) says. The headcount of the center is set to nearly double. The center supports the IT system operations of 3,800 European ALDI stores and 55 logistics centers. ALDI opened its […]

Grocery store

Hungarian Retail Sales Rise in June

D&T
Aug 2, 2019

In June, the volume of sales in retail shops increased by 4.3%, according to raw data and by 5.2% when adjusted for calendar effects compared to the same period of the previous year, according to a report published by the Hungarian Central Statistical Office. The volume of sales, adjusted for calendar effects, rose by 2.1% […]

Spar hungary logistics center | spar.hu

Spar Hungary invests billions in development

D&T
Apr 12, 2018

Spar Hungary is investing HUF 23 billion this year in development and has already spent more than HUF 2.1 billion this year in its modernization program, the company told the Hungarian news agency MTI this Thursday.

   

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