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Aldi opens 100th store in Hungary

Telco

German-owned discount supermarket chain Aldi opened its 100th store in Hungary on Thursday, according to news agency MTI. The store opened in the former Pioneer Shopping Center on the capital's busy Kossuth Lajos utca. 

Aldi has invested HUF 140 bln in Hungary since 2006. It opened its first stores in the country in the spring of 2008 and had 42 shops by the end of that year. Today, Aldi stores in Hungary have a combined retail space of more than 100,000 sqm. Aldi Magyarország Élelmiszer had a HUF 4.9 bln loss on net sales revenue of HUF 80.2 bln last year, public records show. The unit employed more than 1,450 people at the end of the year. 

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