Boss of Spar Hungary Complains About Her Customers Shopping Abroad

  • 21 Feb 2024 6:42 AM
  • Hungary Around the Clock
Boss of Spar Hungary Complains About Her Customers Shopping Abroad
Hungary’s 27% VAT rate is undermining the competitiveness of Spar, in part by encouraging cross-border shopping, president Gabriella Heiszler of the subsidiary of the Dutch retail chain told Pénzcentrum in an interview.

“Hungarians living along the borders are happy to go to the shops abroad, which overall causes a noticeable loss in many product categories and, unfortunately, the high VAT also favours retailers who deal in the grey zone,” she argued.

“We see that households reacted relatively quickly to inflation. Consumption fell, so we could not pass on price increases. As a result, the sale of own-brand, cheaper category products has greatly increased,” said Heiszler.

Despite the geopolitical tensions, she said, the supply of basic food items in Hungary is secure, but pricing is another matter.

You're very welcome to comment, discuss and enjoy more stories, via our Facebook page: + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here:

Do you want your business to reach tens of thousands of potential high-value expat customers?
Then just contact us here!

Related links

Hungarian Shoppers Are Driving to Romania for Cheaper Prices

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit and click on 'Free Trial Subscription’.

Explore More Reports

  • Booksellers of Budapest: ISBN Books + Gallery

    Booksellers of Budapest: ISBN Books + Gallery

    • 13 Mar 2023 5:59 AM

    The idea was to create a space with two main functions: contemporary art bookshop and a nonprofit project gallery. – HLO spoke to Bea Istvánkó, the owner of ISBN books + gallery, an independent contemporary art bookstore and gallery space in Budapest's eighth district.