PENNY MARKET LTD.

logo-penny-market

Size of plot: 73.000 m2
Size of construction area: 18.300 m2
Office space: 300 m2
Beginning of construction: February 1, 2008
Completion: October 22, 2008
Activity: logistical distribution center for eastern Hungary

The logistics center was an investment of S+R Ltd, and is operated by Penny Market Ltd. Karcag Industrial Park participated in the process of authorization and the development of utilities amenities. Penny Market is owned by the German REWE group and is one of Europe’s leading discount chains, with 189 stores in Hungary. Karcag is home to the chain’s second Hungarian logistics center.

The store chain’s goal was to find a location from which stores in East-Hungary could be serviced economically. The Karcag center employs 140 people. Products are distributed and goods from domestic and international suppliers are prepared for sale here. Another 100 people are employed in indirectly related jobs.