SPAR Hungary invests €8.84 million in a new supermarket in Szentendre and €737,400 in a Kecskemét location, alongside €4.85 million for modern renovations across five supermarkets, demonstrating a commitment to expansion and sustainability.

Information on the Target

SPAR Hungary has made a significant investment of over €8.84 million in constructing a state-of-the-art supermarket located in Szentendre, at the town's railway terminal. This modern facility spans 4,389 square meters, with a dedicated retail area of 2,145 square meters. It boasts a 54-space parking garage and an open-air parking lot accommodating 47 vehicles, all designed to support its functionality as a key transport hub. The new supermarket has created 42 job opportunities and features a unique architectural style marked by a wooden roof and a striking facade.

In addition to the supermarket in Szentendre, SPAR Hungary has also invested approximately €737,400 in launching a new store in Kecskemét, which has generated 23 jobs. This store emphasizes fresh food offerings, including fruits, vegetables, a delicatessen, and bakery items, all aimed at meeting local demand and preferences.

Industry Overview in Hungary

The supermarket industry in Hungary has demonstrated robust growth, driven by increasing consumer demand for quality products and modern shopping experiences. The sector is characterized by a diverse range of retailers, from d