Based on preliminary figures, Henkel generated total sales of around 5.3 billion euros in the first quarter. This corresponds to significant organic sales growth of 7.1 percent compared with the average market expectation of 4.3 percent. The increase was mainly driven by a very strong price development combined with a slight decline in volumes. Read more »
Ukraine’s most-loved beer brand, Chernigivske, will be introduced into retailers in Poland. Previously it was launched in the UK. AB InBev is guaranteeing at least $5 million from this initiative, with all profits being distributed across designated NGOs, including Caritas International, to support humanitarian relief efforts. Read more »
On March 18 this year culinary demonstrations were held in Huta Paprocka Restaurant in Tychy, led by the participant of the second edition of MasterChef - Julien Secher. Read more »
The purchase of milk at SM Mlekpol has been regularly on the rise for many years. This trend has also been maintained in 2021; this is another record-breaking year. At the end of December 2021, the Mlekpol Cooperative reached the level of two billion litres of purchased milk. Read more »
Renata Juszkiewicz, President of Polish Organization of Trade and Distribution (POHiD) Read more »
At small-format stores, just like in larger outlets, new nutritional trends are noticeable, such as giving up on or limiting meat consumption, or the purchase of ecologic products free of lactose, gluten, or sugar. Products from these categories record larger or smaller growth (the value of sales of vegetable yoghurts has increased almost threefold in comparison with the previous year,... Read more »
Had Poland not entered the EU in 2004, the Polish people’s real incomes would have been 25-30% lower. The foreign trade balance would be worse, the road infrastructure would be less developed, and the foreign investments would bring poorer results. Such are the conclusions from Where is the Real Gravy? The Major Economic Benefits from Poland’s Membership in the European Union report... Read more »
Once again, MLEKOVITA has emerged as the winner of the Platinum Five of the Largest Dairy Companies, a part of the Golden Hundred of Polish Agriculture. It has also received the Eagle of Polish Agriculture award in the Best Exporter category. Read more »
Dino is definitely accelerating its pace of development. This year, as many as 343 new stores have been established under the chain’s sign, i.e. almost 90 more stores than 2020. Read more »
The passing year, just like the previous one, brought about many challenges to companies. The continuing COVID-19 pandemic, the changing consumer expectations, the growing inflation, the price increases – have the enterprises been able to increase their profits and maintain their market position under such circumstances? The franchise sector has not remained unaffected by the pandemic and the... Read more »
Following years of turmoil in retail, 2022 will bring rental growth and increased investment capital to the sector across Europe, according to Savills. Read more »
Luis Amaral who has served for many years as the CEO of Eurocash intends to head up the Company’s Supervisory Board. Paweł Surówka will become the CEO at the beginning of 2022. Read more »
DoorDash and Wolt today announced they and certain stockholders of Wolt have entered into a definitive agreement whereby DoorDash will acquire Wolt in an all-stock transaction (the “Transaction”). Both companies share a mission to build a global platform for local commerce that connects consumers with the best of their community, drives incremental revenue for merchants, and provides... Read more »
Flexible workspace solutions and technology that enables collaboration for hybrid teams, all within a sustainable environment, are just some of the factors that now need to form part of corporate occupier strategy as they adjust to the industry’s new ways of working – according to Colliers’ report published today, CRE – our industry today, tomorrow, and beyond: Engage, Evolve, Accelerate. Read more »
Procter & Gamble (NYSE:PG) is announcing a comprehensive plan to accelerate action related to climate change. P&G has also set a new ambition to achieve net zero greenhouse gas (GHG) emissions across its operations and supply chain, from raw material to retailer, by 2040 as well as interim 2030 goals to make meaningful progress this decade. Read more »
AmRest recorded a strong sales recovery across all major regions and brands during the first half of 2021 and specially during the last quarter. Consolidated revenue reached EUR 844.3 million in 1H 2021 and was 23.4% higher than previous year. In 2Q 2021 sales were EUR 464.4 million, 70.7% higher year-on-year. Read more »
The existing Netto logistics base is expanded by a distribution center in Teresin. It was taken over by Salling Group, the owner of the Netto chain, as a part of the purchase of the Polish part of Tesco business. After the preparation phase, ending with the stocking up phase in the last week of August, the Teresin warehouse begins servicing Netto stores located in the eastern and central part... Read more »
Louis Dreyfus Company Asia Pte. Ltd. (LDC) announced today that the company has signed a joint venture (JV) agreement with Instanta Sp. z o.o. (Instanta), a global private label coffee company, to build and operate a freeze-dried instant coffee plant in Binh Duong province, Vietnam. Read more »
European industrial real estate market leader Panattoni has revealed the potential of the Bydgoszcz warehouse market. Over the last five years, the developer has delivered over 200,000 sqm to the city including space in its own parks and BTS developments. These include projects for Carrefour and Kaufland, two giants of retail. Leading companies in logistics and e-commerce have backed... Read more »
European industrial real estate market leader Panattoni has launched work on its 21st park in Lower Silesia. The developer has started the construction of Panattoni Park Wrocław S8 South, which is to have an area of 18,000 sqm. The investment has already attracted its first tenant from the logistics sector, which will occupy more than 4,600 sqm. The facility is to be completed this year,... Read more »
Panattoni, Europe’s largest industrial developer, is entering a new market. The company has announced the opening of an office in Hungary, headed by László Kemenes. Read more »
Henkel reports a very good start to fiscal 2021 overall, achieving significant organic sales growth of +7.7 percent in the first quarter – despite the impacts of the global coronavirus crisis that continue to adversely affect the social and economic environment in numerous markets around the world. Group sales reached around 5 billion euros, an increase of +0.8 percent in nominal terms,... Read more »
Warsaw – European industrial market leader Panattoni has completed the construction of a BTS facility for Animex Foods, the largest food producer and exporter of meat in Poland. The modern building, with an area of 10,153 sqm, has been developed near Ostróda in the Warmian-Masurian province and meets extremely high standards in terms of food storage. Read more »
Leading European industrial developer Panattoni can now announce the largest lease in the CEP (courier, express and parcel) sector. The developer is to provide InPost with warehouses in eight locations with a total area of 75,500 sqm. The centres are to be built this year. Read more »
Wolfgang König (48), currently Category President Kellogg North America, will join the Henkel Management Board as Executive Vice President for the Beauty Care business effective June 1, 2021. He succeeds Jens-Martin Schwärzler (57) who will not be available for another term. He has been with Henkel for more than 28 years and has led Henkel Beauty Care since 2017. Read more »
Panattoni, Europe’s leading industrial developer, has launched the construction of Panattoni Park Zgorzelec, which will comprise approx. 70,000 sqm. This is the developer’s latest 3 PL investment near the Polish-German border. The first tenant has already been secured for the park – ID Logistics, which will occupy 44,500 sqm for its e-commerce operations. Panattoni has also... Read more »
Following the announcement on 18 June 2020 that Tesco has agreed the sale of its business in Poland to Salling Group A/S, Tesco is pleased to confirm that the Polish Competition Authority has approved the sale. Read more »
Panattoni, Europe’s leading industrial developer, is to provide space for the production of Paczkomat® parcel lockers for InPost and is also to construct an R&D centre for the company. The Paczkomat® factory is being built as part of the newly established City Logistics Kraków Airport park. It will take up 7,230 sqm and will be fitted with solar panels. Panattoni’s 12,500 sqm city park... Read more »
Panattoni, Europe’s leading industrial developer, is building another logistics centre in Western Pomerania - Panattoni Park Stargard. The development will comprise three warehouse buildings with a combined area of 172,000 sqm. The main advantage of the project will be its location just next to a transport corridor from Scandinavia to the north and a direct road to Berlin. The construction... Read more »
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