The Spar Group expects rising revenues and profits this year in Hungary

This year the Spar Group expects rising revenues and profits after last year's loss in Hungary, but the results depend largely on the food chain supervision fee’s outcome, which is examined by the European Commission – said Heiszler Gabriella, Spar Hungary’s Executive Director said in Budapest on Wednesday.

At the press conference held on the occassion of the 20th anniversary of the opening of the first Interspar hipermarket in Hungary, the Executive Director told that the sales of the Spar Group in 2014 amounted to 400 billion and 300 million HUF and a18 billion HUF loss was recorded. In 2015 the company wants to achieve revenues of over 410 billion HUF.

The company is celebrating its 20th anniversary with promotions. (MTI)