CBA Expanding On The Back Of Strong 2006

Hungarian retailer CBA Kereskedelmi has reported healthy profits for 2006, and has announced that it is targeting a further 5% rise in revenue for 2007. CBA is one of the top retailers in Hungary, and is 100% privately owned by Hungarian investors. With a network of over 2,500 stores across Hungary, the company provides franchise partnerships with various retailers, and has now extended its operations to Bulgaria, Poland, Croatia, Romania, Slovakia, Slovenia and Lithuania. CBA's strategy is to expand continually, with plans to open between 50 and 60 new stores in 2007 in Hungary, the same number that were opened

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