Poli-Farbe to establish chain of independent paint stores
Hungarian paint maker Poli-Farbe is launching a network of independent, Hungarian-owned retailers under the brand Pannon Paint Network, Poli-Farbe told MTI on Thursday.
Poli-Farbe expects 30 stores to join the network by the spring of 2012 and 140 by the end of next year.
Family-owned businesses generate about 78% of the HUF 33bn annual worth of Hungary's paint market.
Paint stores or other specialized retailers account for 82% of Poli-Farbe's HUF 7bn of annual revenue.
ADVERTISEMENT
Technical Recession Ends, KSH Confirms
India's G20 Presidency, Dawn of New Multilateralism - Narend...
Production Resumes at Ganz's Szolnok Plant
TikTok Commits to Improved Consumer Communication 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.
