Czerwona Torebka dissolves discount store chain

Dyskont Czerwona Torebka, a subsidiary of Czerwona Torebka retail group will be dissolved and liquidated in line with an extraordinary general meeting decision made on Wednesday, ISBnews agency informed. Such a decision has been made due to "a discrepancy with economic projections," the agency reported. Dyskont Czerwona Torebka is a discount chain belonging to the Czerwona Torebka group. As of the end of March, the chain consisted of 38 units. WSE-listed Czerwona Torebka had PLN 211 million in revenue in 2013.