The Bricostore justifies the withdrawal from Hungary with the economic crisis

At least 1,000 employees will lose their jobs following the closure of shops Bricostore of Hungary on December 31, 2012, Sáling József, union leader said.

According to Sáling József, Bricostore French group announced Wednesday that he plans to retire in Hungary. Originally Bricostore stores closing was scheduled for late November, but then the company decided to keep the facility open by year’s end, send MTI.

Bricostore entered the Hungarian market in 1997 and currently has nine stores. According to official figures, Bricostore Hungary last year losses of 2.2 billion forints (7.7 million).

Bricostore Group is present in Romania for 10 years with this Since a network of 15 stores in Bucharest and 11 other cities. Bricostore announced earlier this year that it has no plans to expand in Romania in 2012. (MTI)