Discount stop instead of mall stop
According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and the domestic expansion of the other German discount chains, while several domestic investments, including shopping malls have been given green light.
The biggest loser of the legislation is Lidl. All of the 25 license applications of the company was thrown back by the Committee.
The domestic chains (CBA, Coop, Reál, Arzenál) that the government wants to bring to position are able to expand at the expense of the small independent shops (ie micro-enterprises) – shows GfK Hungária’s recently published market prospecting study. (Batka Zoltán, Népszabadság)
Related news
Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Fish production in Hungary: the industry is struggling with a growing labor shortage
Despite low feed prices and good water levels, the Hungarian…
Read more >Artificial intelligence in winemaking: new technology is changing the way wine is made
Artificial intelligence is revolutionizing American winemaking, enabling remote monitoring of…
Read more >