British Baker Services to invest zl. 7 mln to take Poles to Coffee Heaven
Baker Services of Britain plans to open a chain of 50 coffee bars across
Poland within the next three years. Investment in Coffee Heaven, as the
chain will be called, is likely to cost an estimated zl. 7 million.
However, Michael Ovadenko, Baker's Country Manager in Poland, refused to
disclose further financial details about the venture. According to
Ovadenko, Poland could be the launching point for expansion into other
countries in the region, making the Polish experiment crucial to the
regional strategy. It is rumored that Baker's next targets are the Czech
and Austrian markets. Baker will have to count on competition from
Pozegnanie z Afryka (Out of Africa), the coffee bar chain selling the
Tchibo brand. (Puls Biznesu, page 8)