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E-commerce and Spending Power Concerns Continue to Constrain Retail Development

Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are no major mall projects in the pipeline, with owners essentially concerned with redeveloping and upgrading their retail, leisure and service offer to enhance the retail experience and meet ever more sophisticated consumer demands.

Largest exhibition on Ancient Greece opens in Budapest

The wonders of Ancient Greece are set to be shown off all across Europe in a travelling exhibition going around the continent before its much-anticipated arrival in the homeland, starting in Budapest.

OTP Bank Opens New Branch in Fót

The branch network of OTP Bank has been expanded with a consultancy-oriented, accessible, and full-service branch in the town of Fót, on the outskirts of the capital, according to a press release sent to the Budapest Business Journal.

Magyar Posta Inaugurates 500th Parcel Locker

State-owned postal company Magyar Posta inaugurated its 500th parcel locker at the Etele Plaza shopping center in the capital, according to inforstart.hu.

Hungarians Embrace Bank Cards for Easier Donation Experience

On the occasion of World Day of the Deaf, Visa launched its "The Power of Touch is for All of Us" campaign in Hungary to support the National Association of the Deaf and Hard of Hearing (Sinosz) by encouraging donations by credit card. The payment terminals, placed at donation points, are available in several busy locations across the country.

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