Retailer Spar Hungary raises revenue by 6.2% y/y in 2009.

By bne IntelliNews March 1, 2010
The Hungarian network of Austrian retail chain Spar generated total turnover of HUF 397.3bn in 2009, up by 6.2% y/y, the company managing director Peter Feiner said. He pointed out that the company planned further expansion on the market in 2010, aiming to achieve further sales growth during the year. The branch network would be expanded by adding 3-5 new supermarkets and one hypermarket in 2010. Spar Hungary thus aimed to gain market share of around 1pps during the year to 15%.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

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

Hungary's number of employees down 0.6% y/y in Jan 2013.

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

Hungarys MVM clears deal for purchasing E.ONs local units.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335