The EBRD funds will also address Eurocash’s working capital needs, providing resilience to the company’s balance sheet. As part of the engagement with the EBRD, Eurocash also commits to provide new offers of vocational education and training as well as improved qualification standards.
The spread of the coronavirus and public health restrictions have led to a strong increase in online shopping, the EBRD said in a press statement.
Eurocash S.A. is a Polish corporate group with a number of holdings, including Eurocash Cash&Carry and Eurocash Serwis, as well as the retail chains 1 minute, ABC, Delikatesy Centrum, Groszek, Lewiatan and Mila.
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