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Emperia Holding banks on continued expansion of the Stokrotka chain

Emperia Holding S.A.'s Supervisory Board and Management Board made a decision to focus on the continued expansion and value creation of the retail chains Stokrotka, Maro Markety and Społem Tychy. Therefore, Emperia completed the process to find an investor for the retail segment, deciding not to accept any of the offers received.

On Monday, 9 July 2012, the Management Board of Emperia Holding S.A. adopted a resolution on completion of the process aimed at selling the retail-segment companies. After analysing the offers received and considering alternative scenarios, the company's authorities decided to continue the expansion of the Stokrotka, Maro Markety and Społem Tychy chains, keeping them within Emperia Group.

"During the last six months, we analysed very carefully all of the offers made by investors interested in purchasing our retail companies. The decision made by Emperia's Supervisory Board and Management Board is well-thought out and optimal, considering long-term value-creation opportunities for the shareholders of Emperia Holding. In our view, the retail segment is still full of growth potential, despite strong competition. We believe that the decision will be well-received by our business partners and employees," says Artur Kawa, CEO Emperia Holding S.A. 

Emperia will now focus on reinforcing the market position of its retail companies and their continued expansion. In the near future, we are planning to develop new logistics solutions, which will improve operational performance at Stokrotka, Maro Markety and Społem Tychy.