After the successful penetration of the markets of Romania, Bulgaria, FYROM and Cyprus and in alignment with the Group's strategy for internationalization of its activities, SPRIDER STORES announced that the entrance in the market of Poland stands in its final stage and is expected to take place within 2008.
Moreover, the Group's investment in logistics, planned for 2007, lies in its final stage. Specifically, the new warehouse of FASHION LOGISTICS S.A., an affiliate company of SPRIDER STORES Group, in Anthoussa Attica, is under pilot operation since September 2007 and it is expected to be fully operational until the end of the current year.
Nevertheless, within the frame of its five year business plan, SPRIDER STORES Group commences planning and research for the construction of a new logistics center, aiming at supporting its international expansion. The Group examines the alternative of establishing the above warehouse outside Greece.
For all relevant developments SPRIDER STORES Group is bound to brief investors, a practice that it had been followed strictly until today.