Hungarian DIY chain to keep the competitiveness on the domestic market
The Hungarian DIY retailers are trying to compete against the chain of stores with common image and procurement.
So far, 16 retailers are grouped under the Ezermester (Handyman) name plate, but the organizing company, hopes to grow the network for 75 membered, until the end of the year.
According to the company; in Hungary today, the presence of multinational supermarket chains, DIY – OBI, Bauhaus, Baumax, Praktiker owns the 55 percent of the market and makes an estimated 165-170 billion turnover annually. The smaller companies have currently 45 percent market share – reports Népszabadság Online.
Related news
Related news
Winners of the Symbol of Sustainability 2025 Announced
For the sixth time, Trade Magazin has launched the Symbol…
Read more >The trade association and the competition authority interpret the results of the competition office’s investigations differently
According to the National Trade Association (OKSZ), investigations by the…
Read more >Insect-based foods: why aren’t they replacing traditional meats?
Although in recent years insect farming has been promoted as…
Read more >