Hungarys retail food sales grew 5% y/y to HUF 1.145trln (EUR 4.06bn) in the period from December 2011 to September 2012, MTI news agency reported, quoting a report by market research company Nielsen. In volume terms, sales remained mostly unchanged, the survey showed. Small grocery stores, spanning over up to 400 square meters, had a 35% market share by sales value for the surveyed period, unchanged y/y. Medium stores, with an area of between 401 square meters and 2,500 square meters, slightly boosted their market share to 35% from 34% a year earlier, while the share of large retail stores edged down to 30% from 31%. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more