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HATC SAMPLE EDITION:
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16th July, 2026
Spar Hungary gets another injection
Spar Hungary’s parent company decided in May to boost the Hungarian unit with a Ft 20 billion capital injection, according to company documents.
The contribution, coming just six months after a Ft 30 billion capital increase, will be provided in three instalments and is expected to be completed by July 20.
Spar Hungary has been loss-making for four consecutive years, recording a shortfall of Ft 21.5 billion in 2025.
Hans K. Reich, head of the parent company, said in March that Hungary’s special taxes and the government’s price restrictions had significantly affected the retail chain’s performance. He estimated that the special tax cost Spar euro 85 million last year, while the price cap imposed on certain products resulted in an additional euro 37 million burden. (24.hu; hvg.hu; forbes.hu)
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16th July, 2026
Yettel enters fixed broadband market on 4iG network
Telecom service provider Yettel Hungary has entered Hungary’s fixed broadband market with the launch of its HiperNet fibre internet service.
HiperNet will be offered in two-speed tiers over an optical fibre network, provided by 2Connect, a subsidiary of 4iG.
The combination of mobile and fibre technologies will enable the company to provide broadband internet to more than 90% of households.
According to CEO Igor Prerovsky, the launch marks Yettel’s transition from a mobile network operator to a broader digital services provider.
The arrangement is part of a wider infrastructure partnership under discussion between 4iG and e& PPF Telecom, Yettel’s owner.
Under the proposed transaction, 4iG’s telecom unit would acquire a strategic stake in Cetin Hungary, which operates Yettel’s mobile network, while e& PPF Telecom would take a significant stake in 2Connect. (portfolio.hu; media1.hu; hvg.hu; economx.hu; blikk.hu; mfor.hu)
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16th July, 2026
Alza.hu introduces buy now, pay later service through Klarna
Online retailer alza.hu has partnered with Klarna to offer customers flexible payment options through the company’s “buy now, pay later” (BNPL) service.
Customers can now choose between paying the full amount immediately, splitting the purchase into three instalments, or, for returning customers, paying within 30 days.
Under the instalment option, the purchase price is divided into three equal parts, with the first payment due at checkout and the remaining two instalments payable one month apart.
BNPL services differ from traditional consumer loans, as they generally do not require income verification or rely on conventional credit assessment procedures.
Klarna is one of the world’s largest providers of such deferred payment solutions, offering interest-free payment options. (hvg.hu; forbes.hu)
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