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SPAR Reaches Wage Agreement in Hungary

D&T
January 9, 2020

SPAR Hungary Trade Ltd. and the Trade Employees' Trade Union (KASZ) agreed on wage development for 2020, according to a press release by the company. By convention, the SPAR Loyalty Program will continue to exist. What is new is the extension of the 13th month benefit system and the fact that the employee discount available so far will increase to 10% from February 1 at the initiative of KASZ. The company implements the wage development exclusively from its own resources.

SPAR Hungary will continue to invest in the construction of new stores - along with the creation of new jobs - and the renovation of existing stores in 2020: this year's investment budget will exceed HUF 31.6 billion invested by the Austrian family-owned company in Hungary.

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