The only Hungarian shop linked to Russian ultra-discount retailer Mere has unexpectedly closed, which left customers and observers uncertain about the future of the controversial chain’s Hungarian operation. Material expenses increased from HUF 18.8 million to HUF 213.3 million, while personnel expenses rose from HUF 166.1 million to HUF 279 million – an increase of around 68%. Depreciation also increased, from HUF 1.3 million to HUF 3.8 million, while other expenses rose from HUF 20,000 to HUF 652,000. Read our article published on the opening day of the Hungarian store: Hungary’s first Mere discount store opens today – if you’re looking for rock-bottom prices, this will be your shop! But until the operator provides an explanation, the sudden disappearance of Mere’s only Hungarian store raises questions about the future of the Russian discount chain in the Hungarian market.