COOP’s poition is stable

After a growth of about 4 percent, the COOP Economic Group achieved a turnover of 627 billion HUF last year. The company despite all the changes and the pressures of ever-increasing trade competition, retains its position – was said at the general meeting of the CO-OP Hungary Zrt. on Wednesday. COOP’s market share has been stable for a long time, and the Hungarian-owned chain is still the second player in the commercial sector.

The COOP Economic Group managed to increase its sales by about 4 percent, with a sales revenue of 627 billion HUF in 2018 – Tóth Géza, CEO of CO-OP Hungary Zrt. told. The CEO noted at the event: “Overall, the COOP Economic Group has been operating in a positive and stable environment, with key figures remaining unchanged or slightly improving, compared to the past years”.