The number of retail chains in Hungary could drop after the crisis, Auchan Magyarország managing director Jean Paul Fillat told Napi Gazdaság. The French company, however, sees potential in the Hungarian market.
Hungary is a small country with a small market – and this could make several large companies to wonder if it is worth it to stay in the country once the crisis is over, Fillat said.
However, Auchan is not considering leaving Hungary. “We are convinced that, in spite of the size of the market, Hungary could see a very attractive increase in consumption after the crisis,” Fillet said.
The French supermarket chain increased its turnover by 2.1% last year, and opened two new stores in Miskolc and Maglód. (Vg.hu)