We are glad that the Lulu Group appreciates Poland’s strategic location and the high standards of investor service in our country and is creating a logistics hub for Eastern Europe here. The company's investment will also open up new opportunities for local Polish producers. It will allow them to reach more numerous recipients in a faster, safer way – emphasizes Paweł Kurtasz, Chairman of the Management Board of the Polish Investment and Trade Agency.The logistics centre in Poland will play a key role in the development of the Lulu Group’s International business in Central and Eastern Europe. The new investment is another step in the company's expansion, which will strengthen its position as one of the most important players on the global retail market. The new logistics centre will also increase the availability of local Polish products on the shelves of the Lulu Group’s stores. As a result, cooperation between Polish producers and suppliers and contractors from the United Arab Emirates will also be strengthened. To emphasize the importance of the investment, PAIH and the Lulu Group signed a cooperation agreement. The document will improve the exchange of knowledge and experience between the organizations and help to further strengthen Polish-Emirati economic relations.
We are excited to expand into the Polish market. This is a strategic step that will enable us to source the highest quality products from Poland and serve our customers through 254 hypermarkets in the Middle East region. We believe that our presence in your country will contribute to the promotion of Polish products on the international arena – emphasized Yusuff Ali M.A, President and Managing Director of Lulu Group International.
As part of cooperation with our country, the company also signed an agreement with the Olsztyn-Mazury Airport. Thanks to this, the regional airport has become the food giants main logistics partner in Poland. This cooperation is being carried out as part of the Special Trade Zone project, which is part of the Olsztyn-Mazury Food Cluster – an original initiative of the management board of Warmia and Mazury Sp. z o.o. Products shipped from the logistics port include fruit, meat products, dairy products and various food additives. The total volume of goods cleared and sent from the airport in Szymany in the last year exceeded 200 tons.
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About the Polish Investment and Trade Agency
The Polish Investment and Trade Agency (PAIH) is an advisory institution belonging to the Polish Development Fund (PFR) Group. This is the first point of contact for exporters and investors. It operates both in Poland and through its network of offices around the world. It strengthens the recognition of Polish brands on international markets, promotes domestic products and services as well as technological solutions, made in Poland. The agency helps entrepreneurs in choosing their optimal path of expansion abroad. It also supports the inflow of foreign direct investments to Poland and the implementation of Polish investments in the country. PAIH cooperates with the public sector and regional partners, offering, among other things, training, audit and promotion of investment properties, cooperation in the organization of business missions and communication support in the implementation of joint projects.
About the Lulu Group International
The Lulu Group is an international conglomerate with its headquarters in Abu Dhabi, United Arab Emirates, founded in 2000 by Yusuff Ali M.A. The group operates in 23 countries in the Middle East, Africa, Asia, the United States and Europe. It has 254 retail stores and 25 shopping centres in 9 countries, supported by sourcing operations in 15 countries. In addition to retail, production and distribution of food products, the group also has interests in other sectors such as IT, real estate and tourism and hospitality.