Construction materials co's join forces
Eleven small and mid-sized construction material retailers active in Hungary have formed Huf-Bau Kft to compete more successfully in a market dominated by multinational chains such as OBI, Praktiker, Bricostore or Baumax, Managing Director György Piedl said yesterday.
Eleven small and mid-sized construction material retailers active in Hungary have formed Huf-Bau Kft to compete more successfully in a market dominated by multinational chains such as OBI, Praktiker, Bricostore or Baumax, Managing Director György Piedl said yesterday. Huf-Bau''s stakeholders operate 26 lumberyards altogether with a combined stock worth Ft 5 billion. In addition to offering a wider product range and expanding in the domestic and foreign markets, the members of the chain also hope that the strategic alliance will bring synergies to logistics, finance and marketing. (Vg 15) P.P.
