In 2023, SPAR realized a turnover of over HUF 1 billion

By: Trademagazin Date: 2024. 04. 24. 14:18

SPAR Hungary achieved a turnover of HUF 1,023.2 billion in 2023, which represents an increase of 15.79% compared to the previous year. The company opened five new stores and modernized four out of almost HUF 10 billion. In addition, the modernization of the meat plant in Perbál continued, and important initiatives were launched for the sake of sustainability. Since entering the market in 1991, SPAR has invested a total of HUF 539 billion in Hungary until the end of 2023.

SPAR Magyarország Kereskedelmi Kft. operated a total of 641 stores at the end of last year. Together with the stores of the franchise network, the company group provides a living for 17,000 employees, making it one of the largest employers in the country. In the past year, the company opened five new stores across the country and modernized four. SPAR spent a total of almost HUF 10 billion on these from its own resources, which since its founding in Hungary has invested around HUF 539 billion in Hungary.