Coffeehaven on route to become No. 1 cafe network

CHI Polska, the operator of the Coffehaven chain of cafes in Poland, has its sights set on becoming one of the leaders in the cafe sector in Central Europe. The company already leads the Polish market, with 22 outlets at the end of March with eight more scheduled to be opened this year. "We believe there is room for 250-300 of our outlets in the region from the Baltic, through Ukraine, to Bulgaria," says CHI president Richard Worthington. Aside from opening its first cafes in the Czech Republic in the coming months, the company is also looking at takeover opportunities in the region. In its last financial year, which closed in March, CHI Polska recorded revenues of zł.15.1 million, a 60% increase over the previous year. The company is part of the Coffeeheaven International group, listed on the London Stock Exchange. (Parkiet, p. 5) T.J.