Spar to invest HUF 7BN in two stores

National

The local unit of Austrian-owned supermarket chain Spar is investing 7 billion forints in opening a supermarket in Törökbálint, on the outskirts of the capital and an Interspar hypermarket in Kaposvár, in south-western Hungary. Spar managing director Gabriella Heiszler said they would be investing 5 billion forints in Kaposvár in a 11,000sqm building complex, half of which will function as an Interspar and the rest of the area will be set aside for other retail stores.

Separately, SPAR said it would create 32 jobs in Törökbálint by investing 2 billion forints in a 4,700sqm building complex where the supermarket will cover 2,200sqm of floor space. Both investment projects will conclude in 2020.

 

MTI

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