Interspar opens 33rd hypermarket via HUF 4.1 bln investment



Spar Magyarország, the Hungarian subsidiary of the international food retail chain, has opened a 7,000 sqm mall including a 3,000 sqm Interspar hypermarket, according to a press statement sent to the Budapest Business Journal.

The investment of HUF 4.1 billion has created 100 news jobs in Érd, close to the highway junction with Iparos út. It is the 33rd Interspar in the country, and offers “modern services”, the statement notes.

As part of the investment, the chain also developed the road network in the vicinity of the store at a cost of HUF 250 million, as well as contributing to developing the nearby sewer system with HUF 128 mln. Additionally, Spar supported the restructuring work of the highway junction, carried out by state-owned Nemzeti Infrastruktúra Fejlesztő Zrt., with a HUF 400 mln contribution.

“Spar is planning continuous investments in Hungary in 2017. For our company, continuous modernization of our hypermarkets, as well as expansion, are fields of elevated importance,” said Márk Maczelka, the communication chief of the retailer.


Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.