Auchan falls short of target
French-run retail chain Auchan Magyarország Kft's turnover this year will fall somewhat short of its Ft 200 billion target, CEO Jean Paul Filliat said at a news conference yesterday, adding that delayed plans to add a tram line and service road to its store in Albertfalva in Dist. 11 cost the company hundreds of millions in lost revenues. Filliat also said next year Auchan will move on to open another hypermarket in Solymár, outside Budapest, along with several discount filling stations. Auchan set up in Hungary in 1995 and currently operates 9 hypermarkets, mainly in the Budapest area. (Vg 1) S.F.


