KIKA invests in Hungary
The newest facility may open its doors to the public already this year. The new store, which will give work to 200 employees, will sprawl on a 30,000 sqm area, 18,000 sqm of which will be the actual sales area. The company is also to open a 14,000 sqm store in Pécs, south Hungary.
While detailed information about the ongoing projects have not been revealed, KIKA said earlier that its budget earmarked for CEE expansion totalled €120 million this year. KIKA has plans to open stores in Miskolc, Szeged and Debrecen. (Portfolio. KIKA.hu)
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Orbán's Salary Increased to HUF 4.178 mln
Hungary Tops out HUF 300bn Munitions Complex
Around 2,800 Events Take Place in European Capital of Cultur...
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.
