Jeronimo Martins plans to allocate 45% of investment to Poland
Jeronimo Martins plans to allocate approximately 45% of this year's investment expenditure to its operations in Poland, according to the company, the owner of brands such as Biedronka and Hebe. The statement emphasizes the commitment to long-term goals, maintaining previously disclosed plans for each business, with a focus on prioritizing investments.
The investment program for Q1-Q3 2023 reached €790 million, with around 44% invested in Biedronka. As of the end of Q3 2023, the Biedronka network had 3,473 locations, and Hebe had 328 locations. The company aims to align investments with the 2022 spending level of around €1 billion.
Source: ISBnews
