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    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

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    One United Properties Announces the Handover of One Cotroceni Park Phase I

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Home Countries Poland

Muszkieterow Group’s Turnover Up by 12.8%

Irina Negoita by Irina Negoita
October 27, 2021
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Muszkieterow Group’s Turnover Up by 12.8%
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On October 14, 2021, Polish Muszkieterow Group announced a turnover of PLN 6.5 billion (roughly EUR 1.4 billion) for the first three quarters of 2021, a 12.8% increase compared to the same period in 2020.

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In terms of the network, the turnover of Intermarche food supermarkets and petrol stations amounted to nearly PLN 4 billion (an increase of 10.6%). In turn, the turnover of Bricomarche amounted to over PLN 2.5 billion (an increase of 13%). Like-for-like turnover, in comparable stores, increased by almost 11% compared to the previous year.

Likewise, the company launched a special business path for its employees, supporting them in opening their own supermarket under the Intermarche or Bricomarche brand. According to Muszkieterow, the program is addressed to people employed at the headquarters who have accumulated at least three years of work experience.

“After 2020, which was a difficult year for everyone, we can see strong growth dynamics, especially for the Intermarche chain,” stated Muszkieterow General Director Marc Dherment. “In response to customer demand and the market situation, we are constantly developing the e-commerce channel, both through IT investments and the implementation of our online shopping solutions in other locations. We want e-commerce support services to be available wherever possible.”

 

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Irina Negoita

Irina Negoita

Irina is an international business journalist with ten years of experience across several geographies, and writing for renowned publications including IHS, UBM, or S&P Platts, among others. She holds a BA in International Affairs and Communications from Vesalius College in Brussels, and an MSc in Crime Science from UCL in London.

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