0:08 18 October 2024
Żabka’s Stock Market Debut Raises Over PLN 6.99 Billion, Eyeing Further Expansion
Żabka, the popular Polish convenience store chain, made its highly anticipated debut on the Warsaw Stock Exchange, offering 448 million shares and raising PLN 6.99 billion, with potential to increase to PLN 7.42 billion. The debut was marked by a 7% stock price rise, attracting significant investor interest.
CEO Tomasz Suchański emphasized Żabka’s strategic goals to double customer sales by 2028 and open 1,000 stores annually in Poland and Romania. With 10,000+ franchise stores, Żabka continues to innovate with projects like autonomous stores and international expansion under the Froo brand.
