CEO Géza Tóth did say, however, that turnover of the Coop shops declined slightly in 2014, chiefly due to the loss of tobacco products sales.
The Coop group has more than 3,000 franchise shops and supplies a further 1,620 shops. The group employs more than 32,000 people, Hungarian news agency MTI said, adding that approximately 1.5 million customers visit the Coop units daily.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
