Reál Hungária revenue increases 17%

Pharma

Hungarian-owned supermarket chain Reál Hungária Rt had revenue of Ft 281.6 billion in 2005, 17% more than in the previous year, CEO Tibor Kujbus said yesterday.

Reál Hungária controls 6%-7% of the market in Hungary, putting it in 5th or 6th place, Kujbus said. In 2006, Reál Hungária expects a 10%-15% sales increase, he said. Reál Hungária includes among its units 590 Real Élelmiszer supermarkets and 1,700 ReálPONT shops. Reál Hungária has initiated a partnership with Slovakia's Slovpos chain of supermarkets and wants to expand in Romania as well.

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