Casino to sell up in Poland; Provimi-Rolimpex loss; AvioPolska expands
According to Reuters, which reported the news, the potential bidders are British Tesco and French Carrefour. (Parkiet, p. 1) ... Provimi-Rolimpex, the national leader in the fodder market, has suffered a zł.100 million loss in revenues over the past six months. This was due to bird flu outbreak last year, but the company hopes the situation has stabilized and from Q2 situation of the whole group should improve. (Puls Biznesu, p. 17) ... AvioPolska, the producer of engine components, is purchasing equipment to the Bielsko-Biała-based plant. Over the next three years it will invest EUR 10 million. "Our ambition is to double employment in R&D centers and our manufacturing plant," said president of AvioPolska Krzysztof Krystowski. (Puls Biznesu, p. 12) M.M.