Tesco tops FMCG sellers list, surpasses local chains
The local unit of U.K.ʼs Tesco supermarket chain topped Trade magazineʼs list of the biggest sellers of fast-moving consumer goods last year based on revenue, editor Zsuzsanna Hermann said yesterday, according to Hungarian news agency MTI.
Tesco Globál Áruházak had gross revenue of HUF 748 billion last year.
Runner-up was Hungarian-owned Coop, with sales of HUF 571 bln, followed by locally-owned CBA, with HUF 509 bln.
Foreign-owned Spar was in fourth place with turnover of HUF 491 bln and Hungarian-owned Real was fifth, with HUF 389 bln.
German-owned Lidl had turnover of HUF 359 bln and French-owned Auchan had revenue of HUF 337 bln. Penny Market (HUF 221 bln), Aldi (HUF 135 bln) and DM (HUF 77 bln) were at the bottom of the list.
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.