Loss Follows Loss for Spar Hungary
- 29 Apr 2024 12:33 PM
Spar Magyarorszag suffered a loss in 2023, similar to the shortfall of Ft 13 billion in 2022, CEO of the hypermarket chain Gabriella Heiszler announced at a press conference on Wednesday.
Spar Magyarorszag suffered a loss in 2023, similar to the shortfall of Ft 13 billion in 2022, CEO of the hypermarket chain Gabriella Heiszler announced at a press conference on Wednesday.
Russian discount chain Mere has already set up a subsidiary in Hungary, TS Retail, with 11 employees, and is recruiting more, Telex reports, citing a Linkedin advertisement.
Retail sales in Hungary grew by an annual 4.6% in February, 1.1% when adjusted for calendar year effects, the Central Statistical Office (KSH) said.
Russian discount retail chain Mere is planning to enter Hungary, website Haszon learned.