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Gino Rossi takes steps toward network expansion

The shares will mainly be designated for financial investors, but roughly one-third of the stock will be sold to individuals. By the end of the year the company plans to open at least 18 new stores - out of which four will be located abroad - and thus its network will exceed 100 outlets. "Eventually we see room for about 110 outlets in the country. In the following years we intend to develop dynamically abroad, mainly in Germany. There we can apply the highest margin," said Maciej Fedorowicz, president and co-owner of Gino Rossi. Part of the proceeds will be used to construct a logistics and warehouse center in Slupsk, as well as to implement an ERP system. (Parkiet, p. 8; Puls Biznesu, p. 12) M.M.

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