58 result(s) for retail chains in Shopping
Tesco's Role In Hungary's Economy
- 21 Nov 2012 8:00 AM
- shopping
Tesco's direct and indirect contribution to the gross added value of Hungary's output is Ft 101 billion, according to economic research group Szazadveg, based on 2010 data. The hypermarket chain paid Ft 71 billion in taxes, including 53% of the sectoral tax levied on retailers. In 2010, the company employed 21,200 staff and another 8,000 indirectly, accounting for 1% of the total actively ...
CBA & Coop Complete Acquisition In Hungary
- 16 Nov 2012 8:00 AM
- shopping
Hungarian retail chains CBA and Coop have announced the takeover of 110 Match and Profi stores from the 200 owned by Belgium’s Louis Delhaize group, which is selling its stakes and pulling out of Hungary.
Media Markt Takes Over Saturn Shops In Hungary
- 24 Oct 2012 9:00 AM
- shopping
Shops of electronics retail chain Saturn will be closed and rebranded and integrated into the Media Markt chain, Napi Gazdaság reports. Both retail chains are owned by Germany’s Metro group.
Losses Mount For Home Improvement Market In Decline In Hungary
- 5 Jul 2012 9:00 AM
- shopping
The five largest home improvement chains in Hungary have lost 20% of their revenue in the past five years, according to data compiled by Napi Gazdasag. The combined revenues of OBI, Praktiker, BauMax, BricoStore and Bauhaus reached Ft 141 billion in 2008, but that figure has since fallen to Ft 115 billion by 2011.
Stricter Retail Pricing Law Passed In Hungary
- 20 Jun 2012 9:05 AM
- shopping
Retail chains must apply the same price margin to similar products, irrespective of their origin, under a new amendment passed Monday evening, the Rural Development Ministry said yesterday.
Hungarian Retailers Poised To Acquire Foreign Rivals
- 21 May 2012 9:00 AM
- shopping
Hungarian retail chains CBA and Coop are in the final laps of buying sector peer Match and Profi units from Belgium’s Louis Delhaize group, which is pulling out of Hungary, Napi Gazdaság reported citing market sources. State development bank MFB is to provide a loan for the deal. Coop has sufficient collateral but CBA Kereskedelmi, which coordinates the franchise network, has needed time to ...
Penny Market And Metro Fall Victim To Plaza Ban Regulation In Hungary
- 9 May 2012 9:00 AM
- shopping
Authorities have turned down requests for exemptions to the ban on big new shopping facilities from retail chains Penny Market and Metro, Origo reports. A regulation passed in November bans the construction of commercial properties larger than 300m2 until the end of 2014.
EU Clears Auchan Takeover Of Cora In Hungary
- 24 Apr 2012 9:00 AM
- shopping
The EU's competition office has approved Auchan's takeover of the seven Cora hypermarket units in Hungary. The Commission found that the transaction does not significantly hinder competition as Auchan will face strong rivalry after the merger from several other competitors.
CBA Aims For The Top Spot In Hungary
- 5 Apr 2012 9:01 AM
- shopping
"CBA aims to become the market leader in food retail once again by opening new stores and taking over units from companies exiting the market, chairman László Baldauf told a Wednesday press conference. The retailer, which celebrates its 20th birthday this year, was the market leader in 2000, he added.
Tesco's Role In Hungary's Economy
- 21 Nov 2012 8:00 AM
- shopping
Tesco's direct and indirect contribution to the gross added value of Hungary's output is Ft 101 billion, according to economic research group Szazadveg, based on 2010 data. The hypermarket chain paid Ft 71 billion in taxes, including 53% of the sectoral tax levied on retailers. In 2010, the company employed 21,200 staff and another 8,000 indirectly, accounting for 1% of the total actively ...
CBA & Coop Complete Acquisition In Hungary
- 16 Nov 2012 8:00 AM
- shopping
Hungarian retail chains CBA and Coop have announced the takeover of 110 Match and Profi stores from the 200 owned by Belgium’s Louis Delhaize group, which is selling its stakes and pulling out of Hungary.
Media Markt Takes Over Saturn Shops In Hungary
- 24 Oct 2012 9:00 AM
- shopping
Shops of electronics retail chain Saturn will be closed and rebranded and integrated into the Media Markt chain, Napi Gazdaság reports. Both retail chains are owned by Germany’s Metro group.
Losses Mount For Home Improvement Market In Decline In Hungary
- 5 Jul 2012 9:00 AM
- shopping
The five largest home improvement chains in Hungary have lost 20% of their revenue in the past five years, according to data compiled by Napi Gazdasag. The combined revenues of OBI, Praktiker, BauMax, BricoStore and Bauhaus reached Ft 141 billion in 2008, but that figure has since fallen to Ft 115 billion by 2011.
Stricter Retail Pricing Law Passed In Hungary
- 20 Jun 2012 9:05 AM
- shopping
Retail chains must apply the same price margin to similar products, irrespective of their origin, under a new amendment passed Monday evening, the Rural Development Ministry said yesterday.
Hungarian Retailers Poised To Acquire Foreign Rivals
- 21 May 2012 9:00 AM
- shopping
Hungarian retail chains CBA and Coop are in the final laps of buying sector peer Match and Profi units from Belgium’s Louis Delhaize group, which is pulling out of Hungary, Napi Gazdaság reported citing market sources. State development bank MFB is to provide a loan for the deal. Coop has sufficient collateral but CBA Kereskedelmi, which coordinates the franchise network, has needed time to ...
Penny Market And Metro Fall Victim To Plaza Ban Regulation In Hungary
- 9 May 2012 9:00 AM
- shopping
Authorities have turned down requests for exemptions to the ban on big new shopping facilities from retail chains Penny Market and Metro, Origo reports. A regulation passed in November bans the construction of commercial properties larger than 300m2 until the end of 2014.
EU Clears Auchan Takeover Of Cora In Hungary
- 24 Apr 2012 9:00 AM
- shopping
The EU's competition office has approved Auchan's takeover of the seven Cora hypermarket units in Hungary. The Commission found that the transaction does not significantly hinder competition as Auchan will face strong rivalry after the merger from several other competitors.
CBA Aims For The Top Spot In Hungary
- 5 Apr 2012 9:01 AM
- shopping
"CBA aims to become the market leader in food retail once again by opening new stores and taking over units from companies exiting the market, chairman László Baldauf told a Wednesday press conference. The retailer, which celebrates its 20th birthday this year, was the market leader in 2000, he added.