Coop supermarket franchise targets 3-4% turnover rise
Hungarian-owned supermarket franchise operator Coop targets a 3-4% revenue increase this year, Co-op Hungary CEO Géza Tóth said yesterday, according to Hungarian news agency MTI.
Last year, the groupʼs revenue came to HUF 571 billion, Tóth said.
There are more than 2,600 Coop stores in 1,650 communities around Hungary. The stores employ about 32,000 people.
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.