Tesco CEO: We don't plan sell Polish assets

Tesco CEO Dave Lewis and financial director Alan Stewart slammed rumors that the company will exit CEE. "We have made a revision of our activities. The decision to sell assets in Southern Korea is part of a boarder scenario which says that our assets in CEE are key elements of our group and that we want to invest and revive," said Lewis. "There always will be speculations, we have to live with that. I appeal to my colleagues from CEE, who read these speculations everyday to stay calm: the sale of assets is not what we plan," Lewis added. Recently, the British press suggested that due to severe competition Tesco was planning to sell assets in the CEE region, the Polish media reported that it has already shut down its stores in cities such as Bydgoszcz, Legionowo, Ostrowiec Świętokrzyski, Kudawa-Zdrój, and Nowe.