Is SPAR withdrawing from Hungary? The company manager answered

Is SPAR withdrawing from Hungary? The company manager answered
Is SPAR withdrawing from Hungary? The company manager answered
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The owner decides whether SPAR withdraws from Hungary, said President and Managing Director Gabriella Heiszler at a press event when asked by VG.hu, who revealed that the Austrian company was again unprofitable last year. He talked about his conversation with Márton Nagy, which he called a tense atmosphere, but according to him, it was concluded in a reassuring manner.

“That’s not for me to decide, it’s for the owner, but as far as I’m talking to him, no,” he replied Gabriella Heiszler, president and managing director of SPAR, to the portal’s question about whether he plans to leave the country. After that, the company manager was asked that the relationship between the Austrian company and the government had soured in the recent period, after the Hans Reisch In an interview in mid-March, the SPAR leader accused the Hungarian government of quasi-nationalization, and also complained to the European Commission about the special retail tax.

Gabriella Heiszler revealed that SPAR was also unprofitable last year, to the same extent as the year before, but she did not wish to provide details about the exact amount. On the other hand, he said that the turnover of the entire market decreased by 8 percent last year, and the decline in SPAR’s turnover was about half of that.

He admitted it made for a tense conversation Great Martin with the Minister of National Economy, which was satisfactorily concluded. With regard to the special retail tax, they are confident that they will get their right, but at the same time, it is a procedure that may take several years to complete. The government is preparing a lawsuit against the company, but they have not yet received any official notification.

According to Heiszler, SPAR would be clearly profitable if it did not have to pay the special tax, which amounts to HUF 30 billion, into the state coffers. He also talked about how the tax environment and the special tax force them to think about what they spend on. He presented the results of last year: for the first time, the company’s sales reached four figures, which amounted to HUF 1,023 billion, which is an increase of more than 15 percent compared to the previous year.

The article is in Hungarian

Hungary

Tags: SPAR withdrawing Hungary company manager answered

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