ITM Polska to build zl.350 mln. retail chain with Polish entrepreneurs

ITM Polska, a subsidiary of Grupa Muszkieterowie of France, plans to invest zl.350 million in a supermarket network next year. The company plans to open 20 supermarkets in Wielkopolska at a cost of zl.5 million each and an additional 40 outside the region, as well as its second distribution center in Poland, costing zl.50 million. Owners of the supermarkets are independent entrepreneurs providing at least zl. 350,000 of their own capital, while ITM secures the rest. The owners are then obliged to pay 0.5% of their turnover to headquarters, which in turn takes care of procurement, marketing plans, etc. "We are looking for small and mid-sized food suppliers in Poland, offering them the possibility of selling their goods to our domestic and foreign supermarkets," said member of ITM Polska management Zbigniew Kus. (Puls Biznesu, p.11) M.M.