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Austrian food store chain to open shops in Hungary

The Austrian Hofer food store chain is planning to open shops in Slovenia and Hungary, daily business Világgazdaság reported. The first shops will open in Slovenia in the first half of 2006, having added 30 new outlets in Austria this year and increased the number of employees to a total of 5,000 in the chain's 370 stores. Hofer's earnings amounted to EUR 2.6 billion in 2004.