Auchan plans no closures in Hungary

Budapest (MTI) – Auchan Magyarorszag operates 19 shopping malls and 16 petrol stations in Hungary and has no plans to close them, the company said on Friday.

There are no changes in Auchan Hungary’s plans for Hungary to remain in the country in the long term, director-general Dominique Ducoux said in response to MTI’s inquiry.

The drop in revenue resulting from the Sunday ban on large retailers to come in force in mid-March is expected to even out or at least partially be recovered during the rest of the week, he said. The company is still interpreting the new regulations and will make every effort to maintain all current jobs, he added.

Auchan employs nearly 7,000 people in Hungary, including 360 disabled people. It has about 1,500 suppliers, including 1,350 Hungarian ones.

Tesco announced on Monday that in the wake of changes in Hungarian regulations, it will close 13 shops employing some 500 people but some of them will be offered other employment.

Photo: www.kozelben.hu

Source: http://mtva.hu/hu/hungary-matters