The SPAR stays in Hungary

SPAR’s press conference was held in front of a full house of journalists on 18 November 2014. After the Parliamentary adoption of the tax package that will seriously affect the commercial sector Fehér István, communications manager of SPAR Hungary greeted the representatives of the media, then invited the company's leaders to present the SPAR’s professional opinion in connection with the bills.

Photo (left to right): Erwin Schmuck, SPAR Magyarország managing director, Rudolf Staudinger, SPAR Magyarország President of Supervisory Board, Heiszler Gabriella SPAR Magyarország Kft. manager and Fehér István, a SPAR Magyarország director of communications.

Rudolf Staudinger, Chairman of the Supervisory Board of Spar Hungary said that despite difficult years after the crisis the company planned 30 billion HUF worth investment for 2015. Unfortunately, the tax package will pull through the plans and the annual 7-800-person staff growth can also be restrained. The average 2-2.5 percent profit of the company will not cover the increased tax burden.