Second-hand clothes retailer launches HUF 483 mln development

Telco

Hungarian second-hand clothes retailer Háda inaugurated a new clothes sorting branch in Kisvárda in eastern Hungary, which was completed for HUF 483 and opened yesterday. Development Minister Miklós Seszták and state secretary of the economy ministry Sándor Czomba attended the inauguration ceremony.

The company received  HUF 339 mln in job-creation support for the project, and created 155 new jobs.

The Háda group is a family-run business operating close to 60 retail units across the country, selling imported second-hand clothes. Last year the company generated revenues of HUF 10 bln.

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

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.