HIT opening three markets, renovating one, for zl.120 million by March 31

By the end of March 2001, HIT Polska, a part of German trade group Dohle, will open three more hypermarkets and modernize an existing one at a total cost of zl.120 million. The company is also considering constructing several smaller outlets in co-operation with Polish developers. The new hypermarkets will be half the size of the the existing ones. They will be furnished in a different way and the assortment of the products will be limited. The three buildings are the first of a whole series of smaller outlets. In the future the company would like to open four to five such units a year, at a cost of zl 16-20 million each. HIT is among the top hypermarket operators in Poland, in third place after Geant and Real. In 1999 it recorded zl1.492 billion in turnover. (Puls Biznesu, p.5) J.K.