UAE’s LuLu Group Expands Further Into Europe With Plans To Launch Operations in Poland
The UAE-based retail giant LuLu Group plans to establish a sourcing and export hub for the Central European region in Poland. LuLu Group signed 2 different MOUs with the Polish Government entities, Olsztyn Mazury Airport and Polish Investment & Trade Agency respectively, to this effect.
As per the first MOU LuLu will establish its latest facility at Olsztyn Mazury Airport, North-East of Poland, branded as the gateway to the Masurian Lake District to source, pack and export fresh produce especially apples, berries, cheeses, meat and other packed food products to MENA, India and Far East region.
The 2nd MOU with the Polish Investment & Trade Agency will facilitate smooth investment and operational processes for the LuLu Group in Poland. This will also help scout for new opportunities in other related business sectors in different regions of Poland.
The first consignment was flagged off by Gustaw Marek Brzezin, Governor of Warminsko-Mazurskie region and Yusuff Ali MA, Chairman of LuLu Group and other officials. A B2B meeting was also organized with the farmers’ cooperative societies and other agro-producers to find new avenues of cooperation.
In the first phase, the group expects to export worth Euro 50 million, which is expected to grow significantly as new product lines are added. Later Yusuffali MA and the delegation had high-level meetings & discussions with key ministers and Polish Govt. officials.
