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Stokrotka to become Lithuanian

Rafał Ostrowski 12 April 2018

Rafał Ostrowski

Journalist

+48 22 356 25 11
rafal.ostrowski@eurobuildcee.com

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

Stokrotka to become Lithuanian
Stokrotka has over 400 stores across Poland
POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of WSE-listed Emperia, which is the owner of the Stokrotka grocery chain, by Lithuanian-based Maxima Grupe which also owns the Aldik and Sano chains in Poland.

Like Stokrotka it has large stores (over 350 sqm) as well as traditional ones – smaller than 350 sqm. At the beginning of the year, the Polish competition authorities decided that it was necessary to analyse the market before granting its approval. Based on a number of surveys UOKiK concluded that stores smaller than 350 sqm competed only within a radius of 1km while larger outlets competed with stores within a 10-15 minute drive and that larger stores are also competition for unaffiliated stores. “The proceedings conducted demonstrated that competition will not be restricted on any of the local markets. Following the take-over of Emperia, Maxima Grupe will have to continue competing with other businesses. This means that consumers will still be offered a large choice of stores in close vicinity to their homes. They will continue to have access to both large and traditional retail outlets” – says Michał Holeksa, the vice president of UOKiK.


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