Spar outletsʼ operations unaffected by building owner changes

Deals

press release

Spar Hungary has announced that two of its branches, one in Zalaegerszeg and another in Nyíregyháza, will continue operations uninterrupted, despite the buildings receiving new owners, according to a press statement sent to the Budapest Business Journal today.

The Hungarian subsidiary of the Dutch multinational food retail chain claims that the change in ownership of the buildings will not affect the operations of the two branches. The firm stressed its commitment to continue operations in Hungary.

Spar Hungary added that it is currently investing HUF 1 billion in the modernization of the branch in Zalaegerszeg, which is expected to be opened to the public in April.

Spar Hungary is looking forward to further investments and developments in Hungary, as well as to further openings and the creation of more jobs in the country. Spar expects to spend more than HUF 22 billion on investments this year in Hungary.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Industry