Image by ricochet64 / Shutterstock.com
GVH established that Spar in 2014-2015 introduced fees on suppliers similar to those the office had found illegal in 2012. It decided, however, that it will allow Spar to carry out the measures it offered instead of levying a fine on the company considering the "social benefits of the HUF 1.7 bln program that also creates 23 jobs" can exceed the calculated value of a simple fine.
Spar will set up regional centers for small producers in six cities – in Győr, Hódmezővásárhely, Nyíregyhaza, Pécs, Székesfehervár, and Zalaegerszeg – between November 2021 and November 2022 and operate them until the end of 2023. Spar aims at increasing the sales potential of local small suppliers, through offering logistics and marketing services as well as training among others. It expects to involve 90% new suppliers, about 100 of them in total, in the program that would generate for them an additional annual turnover of about HUF 200 million.
Spar Magyarország has more than 570 shops in Hungary, including some that operate as franchises. The companyʼs turnover rose 10% last year to HUF 679.6 bln.
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.
