Spar closed last year with a turnover of over one thousand billion forints

By: Trademagazin Date: 2024. 04. 29. 12:52

Spar Hungary achieved a turnover of HUF 1,023.2 billion last year, which represents an increase of almost 16 percent compared to 2022. The company opened five new stores and modernized four for about ten billion forints.

Spar Hungary 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, five new stores were opened across the country, and four were modernized. A total of almost HUF 10 billion was spent on these from their own resources, and since their founding in Hungary, investments worth HUF 539 billion have been realized in Hungary, the company’s announcement states.

The biggest development of the past year took place in Debrecen, where the city’s second Interspar store opened its doors with an investment of HUF three billion. In Sárospatak, a new supermarket with a floor area of ​​984 square meters was opened at a cost of almost 750 million forints, and a new supermarket in Békéscsaba, remodeled at a cost of 120 million forints, opened its doors to customers. The Spar network also expanded in the capital: the company handed over a new, family-friendly City Spar store on Fehérvár út, completed at a cost of more than HUF 300 million. Budapest XV. and a 700-square-meter Spar supermarket was opened in the district with an investment of HUF 1.35 billion.