Spar CEO: They would stay in Hungary “under reasonable conditions” – the company talks about significant losses

The domestic situation is indicated by the fact that Spar’s Austrian owner recently increased the equity of Spar Magyarország Kereskedelmi Kft. by 30 billion forints. The company has closed with a loss in recent years: it recorded a loss of 13.1 billion forints in 2022, 18.3 billion in 2023, and 24.7 billion in 2024 (the data for 2025 are not yet known). According to Spar, the amount of the special tax paid exceeds what would result from their losses.

The article recalls: in mid-February – according to the company, citing the special taxes – the Spar store in Oroszlány was closed, which also received a local political reaction. In addition, the European Commission is also investigating: based on a complaint from Spar and the Austrian government, they are looking into whether the Hungarian special retail tax is discriminatory, especially given that, according to Spar, mainly foreign chains are subject to a higher burden than franchise networks.