SPAR Hungary’s overall revenue increased to 915.7 billion HUF thanks to a gain in sales of 15.6%.

April 24, 2023

SPAR Hungary’s overall revenue increased to 915.7 billion HUF thanks to a gain in sales of 15.6%.

SPAR Hungary has announced that it will more than double its retail sales growth from 2021 to 2022, reaching 15.6% with a total turnover of 915.7 billion HUF.

This robust development can be attributed, in part, to the successful implementation of initiatives that enable shopping for food that is all at once quick, cheap, and convenient.

SPAR Hungary won a number of different industry accolades as a result of its substantial investments in sustainable practises.

SPAR is one of the largest employers in Hungary, and the company currently employs around 14,000 people across its various locations.
Stores that are newer and more up to date

At the end of the year 2022, SPAR Hungary has a total of 623 outlets around the country. A total of 18.6 billion Hungarian Forints was invested in the construction of two brand-new stores in the city of Budapest as well as the renovation of 11 existing stores located throughout the country.

When it comes to the development of stores, a primary focus is placed on sustainability.

LED lighting, solar panels, CO2-based cooling systems, and charging stations for electric automobiles are just some of the energy-efficient and environmentally friendly technology that have been incorporated into all of the newly constructed and renovated retail establishments.

When compared to 2017, greenhouse gas emissions are projected to be 49% lower in 2021. This generally upbeat trend carried over into the year 2022.

The SPAR partner programme rejoices in its tenth year of existence.
Mór was the location of the opening of the first SPAR partner franchise store ten years ago.

At the moment, independent retailers are responsible for running 248 different stores. The network was expanded by the addition of 14 more outlets in 2022. In 2022, the franchise stores generated around 10% of SPAR Hungary’s overall turnover with sales of 103.1 billion HUF.

The internet platform has been expanded.
The online shop for SPAR in Hungary first opened its virtual doors in 2022, after having been in operation for three years.

Customers get access to about 18,000 different products and 30 different in-store pick-up options across 200 different locations. Over 150,000 online orders were made in 2022.

The organisation made the changeover from printed order overviews to digital ones, resulting in an annual savings of more than three tonnes of paper. Customers can now also return their paper bags to be recycled. Customers can also return their paper bags.

Products bearing the owner’s brand name sold across borders
Since their introduction to the market in 1997, SPAR Hungary’s own brand items have enjoyed steadily rising levels of consumer demand.

The expansion took place in 2022 and added 10% to the total range. Products sold under the company’s own brand name now make up one third of total sales.

When SPAR Slovenia first started importing dry and frozen goods from Hungary in June 2022, some of these products became available for purchase by customers in other countries.

Methods for preserving the environment
Over seventy percent of the paper and plastic that was collected by SPAR Hungary has been reused or recycled.

The consumption of plastic was cut down by 13.5 tonnes in the previous year, and another 84 tonnes of plastic each year will be saved as a result of a new packaging film that is thinner and designed for meat products.

Since August 2022, only biodegradable bags for fruit and vegetables have been given in any and all supermarkets across the nation, which has resulted in 450 tonnes fewer plastic being used annually.

There are eighty SPAR locations across the country where customers can take their spent cooking oil to be recycled. In addition, SPAR Hungary gives customers the option to return used batteries, PET and aluminium cans, paper waste, and waste glass containers.

Source: SPAR Hungary

Read more about SPAR Hungary.


About

The first SPAR Supermarket opened in Hungary in 1992, following the acquisition by ASPIAG (Austria SPAR International AG) of a majority stake in General Kereskedelmi Rt.

Since its launch, SPAR Hungary has been actively involved in developing the country’s retail industry.

The licensing of independent retailers to operate the SPAR Brand in Hungary has proven successful.

The retailers benefit from access to SPAR Own Brand products and expertise, while consumers enjoy the increased number of store locations. SPAR Hungary is one of the country’s largest employers, with nearly 18,000 team members.

SPAR Hungary runs a network of over 610 company-owned and independently-run stores. The retailer’s online platform is available in Budapest and over 50 surrounding municipalities.

SPAR Hungary

GSN

Global Supermarket News

SPAR, or Simplified Prolog with Attributes and Relations, is a hypothetical language that appears to be a simplified version of Prolog, a programming language particularly well-suited for tasks involving symbolic reasoning and manipulation.

Prolog is based on the principles of formal logic and is widely used in areas such as artificial intelligence, natural language processing, knowledge representation, and expert systems.

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