Milo to enter alcohol market and top revenues to zl.3 billion

The largest part of the company's turnover is currently generated by cigarettes (around 65%), but the figure is gradually decreasing. Milo sees a large potential in other sectors and the firm wants to expand its product range. "We already have a 13% share in the tobacco products distribution market. Now, we decided to enter the distribution of alcohol and wines. Over the next five years we want to take control over 10% of the market," said Robert Zalewski, Milo's president. Zalewski believes that Milo is very probable to achieve a success in this area. The alcohol distribution market has a large growth potential, as Poland is still far behind other European countries when it comes to alcohol consumption. Zalewski also did not exclude the possibility of takeovers among tobacco and alcohol distributors. (Puls Biznesu, p. 10) A.F.