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
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >