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JYSK Opens Two New Stores in Hungary

Mar 6, 2024

The Danish household goods retail chain JYSK will open two new stores in March, while two others will be renewed. The new stores will be opened in Bicske and Várpalota, bringing the total number of JYSK stores in Hungary to 98, the chain said on Wednesday, according to MTI. In addition to the opening of […]

Rossmann Builds New Warehouse and Office in Üllő

Jan 16, 2024

With an investment of about HUF 20 billion, the Rossmann chain is building a 28,000-square-meter logistics center and a 4,000-square-meter office in Üllő, the project is expected to be completed by the end of 2025, the company said on its website. According to the information, a modern semi-automated warehouse will be built to supply the […]

Penny's Opens its 230th Store in Hungary

Oct 5, 2023

The retail store chain Penny opened its 230th Hungarian store in Budapest, in the X. district, the company informed MTI on Thursday. The store, with almost 400 square meters of retail space, will employ 15 new workers. The store is located at one of the busiest junctions in the district. In a statement, the chain […]

JYSK: Record High Turnover in 2022/23 Financial Year

Sep 19, 2023

JYSK's turnover in the 2022/23 financial year ended August increased by 6.3 percent to DKK 38.5 billion (EUR 5.2 billion), a new record for the global home furnishings company, with the number of customers in its more than 3,300 stores in 48 countries increasing by 1.2 million, the company told MTI on Tuesday. The statement […]

JYSK Opens Two New Stores in Hungary

Aug 31, 2023

JYSK has opened new stores in Solymar and Mór, bringing the home furnishing chain's total number of stores in Hungary to 94, the company informed MTI on Thursday. The chain is continuing to expand, with plans to open two more JYSK stores by the end of the year, one in the capital and one in […]

Aldi Has Big Plans in Hungary

Jul 31, 2023

Aldi made a big step in the ranking of Hungarian retail chains last year and managed to lure many customers away from other discounters besides hypermarkets and supermarkets, financial portal reports. The price freeze was a big loss for them as well, but they are continuing to develop their domestic operations and are also […]

‘Lidl for Hungarian Suppliers’: HUF 16 Bn in Exports

Jul 15, 2023

The ‘Lidl for Hungarian Suppliers’ program has been successful, the supermarket chain informed Portfolio. The essence of the program is to distribute food products of Hungarian manufacturers and suppliers in foreign supermarkets. As published on, Hungarian dairy producers sold milk and dairy products worth nearly HUF 16 billion in the chain's foreign stores in […]

Aldi Introduces Second Electric Truck in Hungary

Jul 14, 2023

Aldi Hungary has launched its second electric truck, which will serve stores in downtown Budapest with zero local emissions, the discount supermarket chain informed MTI on Friday. The statement highlighted that they have expanded their fleet with a Scania three-axle, 27-ton special refrigerated box truck. The new truck is powered not only by batteries, but […]

JYSK Opens its 2000th Renewed Store in Gödöllő

Jun 21, 2023

As part of its global renovation program, JYSK opened its 2,000th remodeled store in Gödöllő this Wednesday, and the home furnishing chain also opened its 92nd store in Hungary in Nagyatád. According to the company statement released on Wednesday, the Danish retail chain started one of the largest renovation programs in its history in 2021, […]

Sales in Hungarian Retail Shops Fell by 12.6%

Jun 6, 2023

In April 2023, the volume of sales in retail trade – along with a significant base effect - decreased by 13.6% according to raw data and by 12.6% when adjusted for calendar effects compared to the same period of the previous years. It is reported to be largest decrease in Europe. Calendar-adjusted sales volumes decreased […]

Spar Has Modernized Its Meat Plant in Perbál

Apr 26, 2023

Spar Hungary has upgraded its Perbál meat plant with an investment of more than HUF one billion, which together with the Bicske meat plant can claim one of the most modern food production sites in Central Europe, the supermarket chain informed MTI on Wednesday. In 2021 and 2022, as part of the HUF 1.1 billion […]

Spar's Turnover Up by Over 15% Last Year

Apr 19, 2023

The retail chain Spar Hungary achieved gross sales of HUF 915.7 billion in 2022, 15.6% more than in the previous year, the company's CEO, Gabriella Heiszler said at a press conference in Budapest on Wednesday. There was a minimal year-on-year decline in the volume of products sold last year, with a very strong first half […]

Drastic Fall in Retail Trade Volume in Hungary

Apr 6, 2023

In February 2023, the volume of retail trade in both raw and calendar-adjusted data was 10.1% lower than in the same month of the previous year, the Central Statistical Office reports. In February, calendar-adjusted sales volumes decreased by 8.6% in specialised and non-specialised food shops, by 9.8% in non-food retailing and by 14.5% in automotive […]

Sales in Hungarian Retail Shops Fell by 4.5%

Mar 6, 2023

All three major groups of shops – grocery, non-food and petrol – and even online sales fell in January this year in Hungary. The volume of sales in retail trade decreased by 3.9% according to raw data and by 4.5% when adjusted for calendar effects compared to the same period of the previous year, the […]

Striving to Curb Inflation One Step at a Time

Mar 1, 2023

As Hungarian shoppers tighten their belts to stave off the impact of incessantly increasing prices, retailers are also feeling the pinch. Spar Hungary, one of the country’s leading supermarket chains, is taking small, adaptive steps to shield their business and help consumers. Hungary is experiencing the biggest increases in food costs in the European Union. […]

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