Doubling the revenues every three years, 5th place in European market of distribution of automotive parts and services, 10th place in the world - Inter Cars is one of the few Polish companies, which have been successful in the global market.

Established 24 years ago, Inter Cars is currently the biggest in Poland distributor of automotive spare parts, 5th dealer in Europe and 10th company globally. On 4 June, during annual conference of Inter Cars Investor Relations, the company presented its financial results, information on the business environment and investment made and strategic plans.

The company, which was awarded with a title of Stock Exchange Company of the Year 2013, recorded in the last year sales revenues of PLN 2.34bn. on Polish market, which means an increase by 17 percent in relation to 2012, and in all foreign markets a revenue of PLN 1.16 billion (an increase by 17 percent in relation to 2012). Because of the fragmentation of the European market on which it expands - 5 biggest distributors have only 5 percent of the market, the Company bets on organic growth and linking sales with services carried out by affiliated partner garages. At the moment the chain consists of 154 branches in Poland 134 foreign branches, but, as stated during the investor conference on 4 June 2014 the president of the Company, Robert Kierzek, "it cannot be expected that the chain of Inter Cars will be growing fast". The company employs 5,825 people in national and foreign subsidiaries.

Besides Poland the Company is operating in 12 foreign markets, including in Slovakia (where it is the largest distributor), Hungary, Croatia, Lithuania, Romania, the Czech Republic and Bulgaria. In all those countries it is in the top ten of largest distributors of automotive spare parts.

As Robert Kierzek stated during the investors conference, Inter Cars creates a consolidated offer. It is based on the idea of One Stop Shop (everything in one place), which is to ensure maximum benefits for customers. The company also creates its own training systems such as Show Car and Young HR, which allow to attract young and well trained technicians to the Company and garages.

One of the biggest projects of Inter Cars is the construction of new logistic centre in Zakroczym, in Warmian-Mazurian special economic zone. Investments is realized by ILS, logistic company separated from Inter Cars structures. 3 June 2013 the Council of Ministers decided to extend borders of Warmian-Mazurian economic zone of 30.12 hectares of land, on which the object premises will be located. As CFO of Inter Cars - Peter Zamora said, the work will begin at the moment of getting a permit, which is expected to be in mid-year. Construction work are to be completed in autumn 2015, and the construction and organization of the warehouse, Cross-Belt type sorter line which will have a capacity of 480k pieces of goods per day and computerised warehouse management system, and its tests shall be lasting till the end of 2018. During the year the amount of investment shall be around PLN 120 million, and the total investment in the five-year period - PLN 150 million.

As noted by Piotr Zamora, construction of logistic centre of this size near Warszawa-Modlin airport may contribute to creation of cargo centre at the airport. Inter Cars expects that the new distribution centre will result in increase of annual revenues to the amount of 6 PLN billion.

As Krzysztof Oleksowicz, founder of Inter Cars stated during the conference, the success of Inter Cars would not have been possible without the change of political system in Poland 25 years ago, opening to the world and economic recovery caused by this fact. - 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.

source:Puls Biznesu
06-06-2014
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