Spar: Expanding in Hungary

Politics ♦ Published: April 18, 2013; 10:26 ♦ (Vindobona)

Spar Austria Group intends to expand the meat plant near Budapest and the entire branch network in Hungary.

Spar: Expanding in Hungary / Picture: © Spar

The Hungarian Spar affiliate plans to invest around € 40bn in 2013. Spokeswoman for Spar Austria Nicole Berkmann confirmed the media reports. She explains that Hungary was an important market for Spar. Investments would be made for the expansion of the meat factory in Bicske and new subsidiaries, and for the modernization of some existing markets. However, there were no announcements…