The international SPAR organization reports about strong turnover growth

The SPAR countries held their annual international congress in Switzerland between 25 and 27 May 2009. SPAR organizations of the world's increased their turnover by 6.3 percent to 27 billion Euro, calculated on a constant rate.

9ne part of the SPAR organizations could increase the turnover by the acquisition and merger of the competitors. SPAR Hungary Ltd. implemented its greatest acquisition of its history in 2008. SPAR Took over the full operating Plus network in Hungary. At the end of the year 2008 Plus Ltd. merged into the SPAR Hungary Ltd. The consolidated annual turnover of SPAR Hungary in the 2008 financial year was 374.17 billion HUF (1.4 billion euros), which is a 31, 5 percent increase compared to the year 2007. The company's market share and the market coverage has been increased significantly by this step, and continued to be maintain the leading position in the quality food trade.