The value of the Allegro public offering was over PLN 9bn. The largest Polish trading platform and e-commerce giant debuted on the Warsaw Stock Exchange on 12 October. The final price per share for both individual and institutional investors was set at PLN 43. The great interest in the offer is evidenced by the fact…
In May, the Court of Justice of the European Union decided that the retail tax could not be treated as illegal state aid (as the European Commission wanted). This allows for a return to the Polish legal system of the tax first introduced in September 2016. According to the latest press reports, this could happen…
The Court of Justice of the European Union ruled that the European Commission’s decision to ban the introduction of the retail sales tax in Poland was wrong. This means that it is more likely that the tax, which is currently being postponed from one year to the next, will be effective from 1 January 2020….
According to the latest data of the Central Statistical Office (GUS), in 2017 there were 75.2 thousand general grocery stores in Poland. This means that in 2017 alone 5.6 thousand outlets were closed, and in the previous 10 years – over 30 thousand. Forecasts for 2018 indicate further decreases. According to PMR data, the vast…
In 2018, the value of the food retail market in Poland will increase by as much as 4.5%, despite the introduction of a ban on Sunday trade in March 2018, according to forecasts contained in the latest PMR report “Food retail trade in Poland 2018. Market analysis and development forecasts for the years 2018-2023”. Long-term…
Recent years have been marked by a decline in the popularity of hypermarkets for the benefit of smaller shops located close to home or the consumer’s workplace – discount stores and small, modern grocery stores. Initially, this trend seemed to apply only to the canal of the largest stores located in large cities or in…
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