There are already over 100 Portuguese companies in Poland, which have a immense impact on the country's finances. 1 of the best examples is Biedronka, a chain of stores owned by Jeronimo Martins Polska, owned by the Portuguese company Jeronimo Martins.
Ladybug has its shops in over 1,300 towns. At the end of the first 4th of 2024, the network had 3,596 facilities.
Ladybug scores worse
Because of the announcement of worse results, Jeronimo Martins' Ladybug shares lost their values drastically at the time “SIC tv points out that crucial investors on the Polish marketplace are besides the EDP energy company and the Portuguese BCP bank, which is simply a majority shareholder of Bank Millennium.
Portuguese economists say that the worsening of Jeronimo Martins results in Poland is mainly affected by expanding competition in retail trade and decreasing spending of Polish families on food consumption.
Weekly Expresso considers that the current situation of Poland is A real headache. On the 1 hand, Poland's main trading partner, Germany, is facing economical problems, and on the another hand Poland borders Ukraine, which is facing a Russian invasion.
Myaicep portal, managed by the Portuguese Investment and abroad Trade Agency, notes that after the outbreak of the war in Ukraine Poland became key logistics centre to support the reconstruction of Ukraine. The Agency stressed that transport infrastructure has been developed in Poland in fresh years, especially at the border with Ukraine. She besides added that our country remains an attractive investment marketplace in sectors specified as machinery, pharmaceutical, textile, energy strategy production, construction materials or foundry forms.
Billions of euro between Poland and Portugal
In 2023 Portugal exported goods and services worth EUR 1.1 billion to Poland, while imports from Poland amounted to over EUR 1.9 billion. The main products exported from Portugal to Poland are machines (26.3%), cars and another means of transport (12.2%), metals (9.8%) and agricultural foetuses (7.5%). In the case of imports from Poland, machines (23.1%), cars and another means of transport (11.1%) and chemical products (10.1%) dominated.
