Wal-Mart to enter Poland via Rema 1000 purchase?

The Polish subsidiary of Norwegian retailer Rema 1000, which has been negotiating its sale to a potential investor for the past six months, has found a new interested party. "We are currently in talks with an American sector investor. We are not the only part of the company which is in stake to be sold. They are also interested in the Slovak subsidiary. A decision on the sale will be made next month. It is currently the only company interested in the purchase," said Katarzyna Kaługa of the marketing department in Rema 1000. America's largest retail network, Wal-Mart is present in Germany and in the UK. A confirmation of Wal-Mart's interest in Poland is the presence of British developer, Gazeley Properties, which is known as being a strategic partner of the American giant. Gazeley is currently in negotiations over purchasing a 50 hectares plot in Sochaczew, around 50 kilometers west of Warsaw. (Puls Biznesu, p. 7) A.K.