AUSTRIA/HUNGARY: Spar says 2002 global sales rose 5.6%
Austrian unlisted supermarket chain Spar has said that its 2002 global sales rose 5.6% to €26.6bn (US$31.1m), adding that it expects similar growth in 2003. Spar, which is holding its annual international congress in Budapest this week, said it planned continued expansion, with new stores in Singapore and Brazil, and is also exploring the potential opening of stores in Bulgaria, Croatia and Romania.
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