This year's summer for Action has certainly not been an easy one. On 1 August, at the company's request, sanitation proceedings were opened, dictated by the need to protect the rights and interests of the company, its counterparties and shareholders.
At a meeting organized by the company for the company's partners, they were able to learn about the company's restructuring plan. As was often mentioned during the meeting, Polish restructuring law has only been in force since the beginning of this year. As a result, Action SA is one of the first such large business entities to be subject to it. The company's management sees its current situation as a contribution to the changes that are necessary to maintain its competitiveness on the Polish distribution market. Returning to the sources, the company wants to pay much more attention to proposing an appropriate offer to small and medium-sized independent stores, so that they have a chance in the unequal price fight with retail chains and the e-commerce market.
To learn more about Polish restructuring law, the guests had the opportunity to listen to a lecture by Maciej Roch Pietrzak – president management board and restructuring advisor at PMR Restrukturyzacje. He discussed with simple examples polish restructuring law and the course of similar processes around the world, and with his answers he dispelled the guests’ doubts.
