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Spar Magyarorszag to get new board chairman

Managing director and chairman of the board Peter Feiner of retailer Spar Magyarorszag Kereskedelmi is resigning on March 1, the company told MTI on Tuesday.

Erwin Schmuck, managing director of the unit’s Austrian parent company, will assume Mr Feiner’s position on the board, Spar said.

Mr Feiner became the chairman in January 1, 2004