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…

or Log In

Fast News Search
Related News
Hungary: Further Decline in Volume of Sales in Retail Trade (February 25, 2013)
Hungary: Retail Trade Shrinks Significantly (January 25, 2013)
Hungarian Retail Sector Struggling on Several Fronts (October 8, 2012)
Spar Records Losses in Hungary (September 13, 2012)
Slight Growth Rates of Spar in CEE Region (February 24, 2012)
Read More
Czech Republic, Expansion, Spar, Hungary, Retail Industry, Taxation
Featured
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter