UK retail chain Tesco planned to start the construction of a new store in Miskolc in north-eastern Hungary , the company announced. It would occupy an area of 50,000 sqm and was expected to open for commercial operations in 2011. Employment, created by the new facility, should come at 160 people. Tesco already operates four supermarkets in Miskolc . In total, the retailer branch network in Hungary amounts to 103 supermarkets with a total workforce of 22,000 people. Turnover for 2009 of the retailers Hungarian unit was estimated to have increased slightly y/y from the HUF 602bn, recorded in 2008.
|
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