Are you sure?

Coop sees double-digit revenue rise in 2008

Hungarian-owned supermarket chain Coop expects revenue to reach HUF 500 billion in 2008, a double-digit increase over last year's HUF 440 billion, CEO László Murányi told MTI.

Revenue growth in 2009 is likely to be in the single digits, he said.

This year, Coop spent HUF 3.5 billion on developments, mainly to open new stores and buy IT equipment. (MTI – Econews)