POLAND: Polmos Lublin sacks president – report
Polmos Lublin has dismissed its president in the wake of the company's failure to acquire Polish rival Polmos Bialystok, according to local reports. Polish News Bulletin (PNB) said today (7 July) that the supervisory board of Lublin has sacked Wieslaw Skrobowski and two other management board members.
In a statement cited by the news service, the company said: "The decision comes from the necessity to adapt the company strategy to the new market situation resulting from the privatisation of Polmos Bialystok.
"The supervisory board took the current sales level and financial results into account as well."
Lublin's new president, Marek Malinowski, said that the company will return to its pre-Bialystok approach of focussing on smaller acquisitions and on organic development, the news service added.
The company will now be headed by three people and not five as it previously was, PNB concluded.
- The end is nigh for Global Travel Retail - Comment
- Five ways small brands can beat big players
- Interview, Bulldog Gin founder Anshuman Vohra
- Pernod Ricard's Q1 results - Preview
- Pernod Ricard Q1 2017 results by region, brand
- Diageo most at risk to Thai alcohol ban - analyst
- Jobs at new India hub won't affect staff - Diageo
- Stumbling UK Pound prompts Conviviality price hike
- Constellation sells Canadian wine unit for US$761m
- US craft spirits could be as big as craft beer
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020