Polish state to consolidate the agri-food sector
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The Ministry of State Assets (MEP) is working on the merger of companies from the agri-food sector, which are under state supervision. The National Food Holding (NHS) is to be established in this way.
June: selection of companies for the holding company
The consolidation will be based on the Krajowa Spolka Cukrowa, which is present on several markets, including sugar, starch and grain. The objective is to create a strong agri-food holding and enter new business segments. The idea behind the consolidation undertaken by MEP is that “on the one hand, consumers should receive competitive prices, and on the other hand, farmers and manufacturers should be well paid for their products”.
Currently, 48 companies that could be part of the holding are being analysed. The plan provides that the companies to be consolidated are to be selected in June. By the end of the year, more detailed research and analysis of the selected entities should be carried out.
State-owned chain of stores will be established?
The Ministry of State Assets denies that the state is planning to create a chain of grocery stores or grocery stores. However, unofficial information from “Rzeczpospolita” shows that such an option is not impossible.
According to the newspaper, the new holding may also include a large chain of stores. Among others, the Polish part of Tesco, which has been undergoing restructuring for several years, is to be on target. Another option taken into account is Zabka chain. According to unofficial information, a few years ago PKN Orlen was already interested in it. Now Orlen may be one of the entities that will get involved in the project.