CBA terminated the franchise contract with the Palóc Kft.
After several rounds of unsuccessful negotiations, the CBA Kereskedelmi Kft. initiated the termination of the franchise contract concluded with the Palóc Kft. and took measures to exclude the Palóc Kft. from the network – CBA told MTI on Wednesday.
According to press reports, the stores of the Palóc Nagykereskedelmi Kft. will close on Thursday morning, because bankruptcy threatens CBA regional centers in six Eastern counties. (MTI)
Related news
Dynamic expansion in the SPAR franchise network: 19 new stores in Hungary
In the first half of 2024, the SPAR franchise network…
Read more >The owner of the first Hungarian McDonald’s would turn this business into an international franchise
A community garden model started as a family business will…
Read more >Reál is becoming more unified and coordinated
In 2023 Reál Hungária continued the structural transformation it had…
Read more >Related news
Tetra Pak has announced that Alex Henriksen will be the managing director of the Eastern European region
Tetra Pak, one of the world’s leading food processing and…
Read more >Coca-Cola Hungary has developed new educational modules on waste circulation
After the online curriculum on the basics of the circular…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >