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The Warsaw Voice » Business » June 20, 2017
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Chalupec to buy Ruch
June 20, 2017   
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Igor Chalupec
Press and FMCG distributor Ruch is about to be bought out from Eton Park by its CEO Igor Chalupec, who has just received the anti-monopoly approval for the transaction, the daily Rzeczpospolita writes citing Chalupec.
Chalupec would like to turn Ruch into a modern logistics operator, with stronger courier services, but retail operations will also be developed.
Press sales in Poland are expected to continue to fall at the pace of 5% a year in value terms, Chalupec predicts.
Nevertheless, Ruch wants to rebuild its position in press distribution and sees enormous synergies between this segment and courier operations, he assured.
The firm will also bolster its financial services segment, launching a project with money transfers operator MoneyGram.
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