Mila supermarket chain mulls IPO

Supermarket chain Mila is considering IPO, company's CEO Artur Góralczyk said in an interview with ISBnews. “We're using the sector's potential and want to focus on organic growth and increasing effectiveness. One of possible opportunities for growth is IPO,” he explained. “The sector's sales are expected to grow by 8.5 percent per annum, between 2016-2020, which will help our development, some 40 percent of customers visit our locations five times a week,” Góralczyk said. Mila, launched two years ago, operates 188 mid-range proximity stores with an average 500 sqm space and 6,000 products in the offer.