Hungary

Hungarian Inflation Rises At Fastest Pace Since 2007

Hungarian consumer prices grew at their fastest rate in almost 15 years in January and core inflation surged above expectations, data showed on Friday, sup...

Quick Commerce Startup Grovy Targets CEE After Finance Boost

Quick commerce startup Grovy is seeking to expand its operations in Central and Eastern Europe, following the completion of a €3 million financing rou...

SPAR Hungary Invests Over €6.9m In Store Modernisation

SPAR Hungary recently modernised four supermarkets in three counties. All stores now feature a clear layout and a modern store design.

MOL Group's Peter Ratatics On The Future Of Fuel Retailing

Hungary’s MOL Group is aiming to develop a point of difference when it comes to the future of fuel retailing. Stephen Wynne-Jones spoke to its Execut...

Hungary's Indotek Could Take Minority Stake In Auchan Retail's Local Unit

Hungarian real estate group Indotek is in talks with ELO Group about forming an alliance that could involve taking a minority stake in French retailer Auch...

Tesco Launches Reusable Plastic Bags In Central Europe

Tesco has launched reusable shopping bags made with plastic waste from its operations, according to SOCR ČR, the Czech commerce and tourism confederation....

Fuel Operator MOL Group Reports 'Strongest Quarter Ever'

The lifting of coronavirus restrictions helped boost revenues and EBITDA at Hungarian fuel operator MOL Group in Q2, which the group said was its 'stronges...