JYSK Opens Its 100th Hungarian Store

The Danish home furnishing chain JYSK Group's has opened its 100th store in Hungary in the eastern Hungarian city, Debrecen.

JYSK CEO Rami Jensen recalled at the opening ceremony that their first Hungarian store was opened in Fót in 2005. And from their regional distribution center in Ecser, opened two years ago, they now serve 300 stores in five countries, he added.

Sándor Szimeiszter, JYSK's country manager for Hungary, Austria and Greece, spoke of the chain's continuous development, saying that new or renovated stores are opened in the region almost every week or two.

Hungary was the seventh country to open a JYSK store, apart from Denmark, and they are now present in thirty countries.

The turnover of their Hungarian stores in the financial year ending in September was HUF 76.4 billion, an increase of 14% compared to the previous financial year. Next year, they plan to increase sales by 6%, he said.

Sándor Szimeiszter also told MTI that the company employs around 1,000 people in Hungary. With the opening of their 100th store in Hungary and their third in Debrecen, they have created nine new jobs.

Denmark's ambassador in Budapest, Christian Thorning said at the opening ceremony that Danish-Hungarian trade relations are constantly expanding. Danish companies employ more than 16,000 people in Hungary, he added.