October 20, 2017 / 9:09 AM / 2 months ago

BRIEF-LPP plans to spend 1.5 bln zlotys on its chain of stores by end-2020

Oct 20 (Reuters) - LPP SA:

* INFORMS THAT IT PLANS TO SPEND 1.5 BILLION ZLOTYS ON DEVELOPMENT OF ITS CHAIN OF STORES IN POLAND AND ABROAD

* WANTS TO MAINTAIN AND MODERNIZE EXISTING STORES AND TO OPEN NEW ONES

* PLANS TO HIRE MORE THAN 1,000 EMPLOYEES BY THE END OF 2018 AND TO INCREASE EXPENSES ON R&D TO ABOUT 200 MILLION ZLOTYS PER YEAR FROM OVER 160 MILLION ZLOTYS PER YEAR NOW

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Gdynia Newsroom

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