Locked content Bytom sales up 18.9% in May

WSE-listed fashion retailer Bytom had PLN 19.4 million in sales revenues in May, registering an 18.9 percent y/y increase. Retail sales stood at PLN 18.8 million, including PLN 17.9 million like-for-like sales. Retail sales grew by 18.8 percent y/y, while lfl sales were up 13.4 percent. Wholesale sa...

Locked content European Commission proposes smaller budget for agriculture

The European Commission proposed a new, reduced budget for the Common Agricultural Policy (CAP). Poland would receive about 1 percent less on direct payments for farmers and about 25 percent less on the rural development fund. The budget will amount to €365 billion. It is 5 percent less than previou...

Locked content UOKiK approves CCC deal with Adler International

Footwear retailer CCC received UOKiK approval for acquiring part of Adler International’s business, including stores selling footwear marked with the CCC logo. The deal value is PLN 68.5 million. In April CCC signed a conditional agreement with Adler International to buy 41 stores, out of which four...

Locked content AmRest finalizes franchise agreement with Pizza Hut Europe

AmRest finalized a franchise agreement with Pizza Hut Europe, giving AmRest the rights of a master-franchisee for the Pizza Hut brand in Russia, Azerbaijan, and Armenia. AmRest wants to open over 200 Pizza Hut restaurants on the Russian market within five years. The franchise agreement was concluded...

Locked content 100 Warmate drones for Polish army in 2018

So far, the army has received 20 pieces of Warmate loitering munition, 80 more will be delivered by the end of the year, Tomasz Badowski from WB Electronics, which produces these short-range impact drones said. By the end of the year, a total of one hundred Warmates will be provided, used for traini...