News releases
Emperia Holding banks on continued expansion of the Stokrotka chain
09-07-2012
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.
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Emperia's Q4 2011 results
01-03-2012
Emperia Group generated PLN 6.3 billion in 2011 revenue from sales, up 6.8% compared with the same period last year. EBITDA reached PLN 205.8 million, down 3.95%, while net profit amounted to PLN 702.3 million, which included the transaction to sell the distribution business to Eurocash S.A. and was an increase of more than 600%.
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Emperia and Eurocash Reached a Settlement. Tradis Group Joins Eurocash
23-12-2011
Earlier today, Emperia Holding SA and Eurocash SA have concluded a Settlement and adopted amendments to the Investment Agreement of December last year. Under the terms of the Settlement, Eurocash has acquired shares in the companies operating as part of the Tradis Wholesale Group. The value of the transaction is PLN 1.096 billion.
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Emperia and Eurocash arrive at an agreement; the Tradis group joined Eurocash
21-12-2011
Emperia Holding S.A. and Eurocash S.A. signed an arrangement and amended the investment agreement from last December. Pursuant to the arrangement, Eurocash purchased shares in companies from the distribution group Tradis. The transaction was valued at PLN 1.096 billion. At the same time, on the date on which the arrangement was signed, the Arbitration Tribunal presiding over the dispute that arose between Eurocash and Emperia in connection with the investment agreement has closed the arbitration proceedings.
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