A quarter of a century ago, Poles got the possibility of joining the group of most developed countries in the world. There are companies that could use it, skilfully transforming entrepreneurship into a real success on the market. Inter Cars is a good example of this.

The annual conference of Inter Cars Investor Relations took place on 4 June 2014 in Warsaw. With motto: "People of Inter Cars" one of the biggest automotive spare parts distributors in the world presented financial results of the company, reports from international markets, information on the market environment, realized investments and strategic plans for the future. " Today we have 25th anniversary of regaining independence. Also today we are meeting to present great financial results again. The Company which was established on the frames of regained economic freedom. The Company that could have never existed on the market and achieve European success without events, which took place a quarter of a century ago and which indirectly brought it into being "- emphasized the CEO of the Company, Robert Kierzek during the meeting.

The company, whose history began almost at the same time that the country stood on its new way. And as always - the beginnings were not easy. Despite this, seven years later the first real warehouse was build, and in subsequent years the construction of sales chain in Poland took place, development of garage chain and distribution chain in Central and Eastern Europe, finally the company went public on the Warsaw Stock Exchange. After the following two years there was a very important merger with JC Auto. Inter cars became the leader in industry.

However, the founder of the company, Krzysztof Oleksowicz finds reasons for being proud elsewhere. "The real success are excellent business relationships, which Inter Cars built with suppliers and customers. The idea which stands behind it is a real partnership. And I am really very happy that reflection of this idea I can see today in my co-workers. Without them there would be no success." And these are the success stories, which may be impressive. "In May last year the company recorded the highest share price for over 5 years. Two months later it broke the all-time high and then again in October"- said Piotr Zamora, Financial Director of Inter Cars SA. Moreover, at the end of 2013, the Company received the title Stock Exchange Company of the year 2013. Looking at the size, Inter Cars is among top distributors of automotive spare parts: 5th place in Europe (the first in Poland and Central and Eastern Europe) and 10th in the world. The company's consolidated sales revenues in 2013 reached the level of PLN 3.5 billion. However, once you start you cannot stop.

To increase the growth of invested capital, Inter Cars systematically improves the quality of service and builds purchase powers. "We are also developing a unique ecosystem of product range and services One Stop Shop, providing the largest product range, perfect distribution chain and transfer of knowledge"- informs Witold Kmieciak, Member of the Management Board. And now it is time for the most important investment for the Company: Logistics and Expansion Centre, i.e. the central warehouse of Inter Cars Group, which shall take over most of logistics operations of the Group. The decision of the Council of Ministers made it possible to realize this project, as it allowed to join the land in Zakroczym, belonging to Inter Cars, to the Warmian-Mazurian Special Economic Zone. "We are very proud and pleased that Polish companies can count on such valuable support from the government," - said Krzysztof Soszyński, vice president of the management board of Inter Cars SA.. The total cost of the investment shall reach PLN 155 million, and the planned date of completion is end of 2018. What next? Surely development of activities on the internet. Also investment in e-commerce market will allow to increase the area of operations of Inter Cars. We are expecting years of successes.

source: Forbes
01-07-2014

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