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Small retail extension

The 112,100 companies in Hungary operated 166,200 retail shops on December 31, 2004. Last year 24,900 new shops were opened, while 23,900 were closed, thus the number of operating shops grew by about 1,000. This means the network of retail shops increased by 0.6%. The majority of new shops (779) were opened in the last three months of last year.