Emperia and Eurocash expected to hold fast on the Polish market
2009-03-18
The largest Polish FMCG retail groups, Emperia Holding and Eurocash, expect to continue to develop despite the recession.
Emperia, which generated sales revenues of PLN 5.3bn (€1.1bn) in 2008, plans to improve its performance by 12%, to PLN 5.9bn (€1.2bn), in 2009. The group will invest PLN 200m (€42.2m) in the development of its retail chains and distribution activities. Several dozen Stokrotka supermarkets are to be launched in 2009. At present the chain consists of 140 stores. In addition, the Delima delicatessen chain will be expanded, but only by two outlets, because of delays in shopping centre launches – at present Emperia manages five Delima stores.
The group also intends to enlarge its distribution centre in Bialystok and to develop its wholesale store chain. Despite the investment costs Emperia is likely to recommend a payment of shareholder dividends (15% of the net profit). The group is also negotiating on the acquisition of several small and medium-sized retail companies.
Its main rival, Eurocash, strengthened its position on the Polish FMCG market in 2008 by means of the acquisition of McLane Polska, a distribution firm. The group earned sales revenues of PLN 6.1bn (€1.3bn) and made a net profit of PLN 78.3m (€16.5m) in 2008, reflecting 30% and 33% year-on-year growth respectively. At present the company is working on the expansion of its franchise chains – Delikatesy Centrum and ABC. It intends to acquire around 500 franchise stores in 2009. It may also invest in KAH Spolem, which manages the Spolem cooperatives.
internet service providing market news and sector articles
Covering Central and Eastern Europe, Central Europe Retail Online is PMR’s news service for the latest retail-related events in the region. With articles about the Czech Republic, Hungary, Poland, Romania and Slovakia, the scope of this service is unmatched. Approximately 150 updates each month and an archive from 2004 drive the content. Custom newsletters can be sent to subscribers e-mail accounts, with e-mail alerts on the latest developments. Data sheets for each country are available for quick reference.
Subscription 1 year
Language: English
Delivery: online access
Central Europe Retail Update is an English language weekly newsletter which contains the most reliable and up-to-date overview of the news from the retail industry in Romania, Czech Republic, Hungary, Poland and Slovakia, supplied and verified by market analysts from the respective countries. The newsletter is delivered by e-mail in PDF format.
Date: Periodic publication
Language: English
Delivery: PDF file
PMRis a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.
PMR Online Access
Browse and search in our archive »
Subscribe to PMR RSS NEWS channels » 
