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When the kiosks of Ruch were characteristic elements of Polish cities. At the booth, besides the newspapers, you could buy almost anything. After the change of the system, the article of Movement from year to year saba.
Kiosks for Sale
Now, however, for the real time really hard times. It is so heavy that according to "Puls Biznesu", the company intends to sell its sales department. There are 1,700 booths for the company and 500 rented, and they are responsible for 60 percent of Ruch's revenue.
For the sale of the whole or retail part of the interest, the new spk – Ruch Detal SA was created. funds for the financing of development plans and current operations.
Read more: 108 inefficiencies in June. "The Highest Level of Modern History"
The Fatal Financial Results of the Movement
Since privatization in 2010, the movement has not made a profit on the l & # 39; activity and his income was lower and lower. The previous year, starts at 1.34 billion from 1.46 billion a year earlier. In addition, the amount of short-term debt is increasing.
In 2016, Poczta Polska was interested in buying a parcel that, for the whole (and therefore the Wholesale and Retail Movement) offered 30 million zlotys. Considering the fact that since then the Movement has decreased in the market, it is unlikely that it can get better prices for the retail part itself
At the time of PRL, Ruch would a monopoly in the press distribution market. Before privatization in 1995, the company controlled 80% of the press market. In 2010, the Treasury will sell the rest of its shares to a private investor. Currently, since 2017, Igor Chalupec, the former president of PKN Orlen, controls (through the Loverose company) since 2017. The President of the Ruch told "Puls Biznesu" that despite the difficult situation, the company "does not does not meet the requirements of the Bankruptcy and Restructuring Act. "
The Polish Railway Company Ruch Spka z oo December 1918 by the Polish prince Jakub Mortkowicz and Jan Gebethner. After the Second World War, he was nationalized.
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