Our entry to the Hungarian market in 1995 marked our first foray into the Central Europe region when we acquired 26 S-Market stores. Today, we operate over 200 stores across the country, which together directly contribute over 1 percent of GDP to the country’s economy. We’re also the third largest employer in Hungary.
In Hungary we have a strong focus on sourcing products from local suppliers. Local products account for around 85% of our sales, and some categories are even higher. In order to foster local production, we’ve developed a support network for our local suppliers, including seminars and a suppliers’ academy. Our efforts in Hungary have been successful and our suppliers export more than £100 million worth of products from the country to the UK.