Reál Hungária Élelmiszer

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Budapest; Budapest
Location of affected unit(s)
Budapest
Sector
Wholesale / Retail
46 - Wholesale trade
46.1 - Wholesale on a fee or contract basis
46.19 - Activities of agents involved in non-specialised wholesale
50 jobs
Number of planned job creations
Job creation
Announcement Date
29 November 2018
Employment effect (start)
29 November 2018
Foreseen end date

Description

Hungary-based food retail and wholesale firm Reál Hungária opened a new store in Budapest. The new store creates 50 new jobs. The investment cost was HUF 1 billion (EUR 3 million as of the end of November).

Reál Hungária Élelmiszer was founded in 2001. Its presence is most prominent in the Eastern region of Hungary. The chain mostly operates smaller convenience stores – the new outlet, named Reál Alfa Szupermarket, is the firm’s first supermarket-type store, with a floor area of 3,000 square meters.

Citation

Eurofound (2018), Reál Hungária Élelmiszer, Business expansion in Hungary, factsheet number 96143, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96143.