Scandinavian pick & mix firm Candyking has decided to close businesses in Slovakia, Hungary and the Czech Republic to focus its efforts on Poland.
“Over the last few years, the European food retail market has been characterized by price pressure and challenging competition. For this reason it is a natural step that we focus our resources where we see the greatest growth potential – in this case Poland,” said David von Laskowski, president and CEO of Candyking.
Czech Republic, Slovakia, Hungary, Bulgaria and Romania will now be served by Candyking’s export operation. Businesses in affected countries will be closed by April 30 2014.