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Tesco Hungary
Tesco Hungary is a prominent retail chain headquartered in Budaörs, Hungary, operating since 1989. It is a significant player in the Hungarian retail market, offering a wide range of food, drinks, and beauty products alongside other merchandise. Tesco Hungary operates an extensive network of stores totaling approximately 188 to over 200 locations across the country, including hypermarkets, supermarkets, and express convenience stores, enabling comprehensive coverage of various communities.
The company prioritizes collaboration with local suppliers and sources a substantial portion of its food products from over 1000 Hungarian suppliers, supporting the domestic economy. Tesco Hungary also offers a broad assortment of own-branded products, contributing to product diversity and customer choice.
In terms of employment, Tesco Hungary provides job opportunities to around 200 to 499 employees within the country, underscoring its role as a significant employer in the retail sector. The company focuses on quality control and maintaining partnerships with reputable suppliers to ensure high standards across its extensive product portfolio.
Tesco Hungary leverages a multiformat retailing strategy, operating large hypermarkets for broad assortments, supermarkets for neighborhood convenience, and smaller express stores catering to quick purchases. Certain hypermarket locations, such as the Tesco Extra on Váci út in Budapest, are notable for extended opening hours including 24/7 service, enhancing accessibility for customers.
Financially, Tesco Hungary reported an estimated turnover in the range of 100 to 200 million euros as of recent available data, reflecting its substantial market presence and sales volume, positioning it among Hungary's leading grocery retailers.
Overall, Tesco Hungary combines a comprehensive product range, strong local supplier engagement, extensive store network, and commitment to quality, making it a key retail partner for manufacturers and suppliers in the food, drinks, and beauty sectors.
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