Dino Polska Explained

Dino Polska
Type:Joint-stock company
Area Served:Poland
Founders:Tomasz Biernacki
Key People:Szymon Piduch
Industry:Retail
Location City:Krotoszyn, Poland

Dino Polska S.A. is a Polish retail company that operates grocery stores throughout Poland. The retail chain was founded in 1999 by Tomasz Biernacki. Dino supermarkets are generally located in medium and small-sized towns as well as on the peripheries of larger cities.[1] The retailer started out in western Poland, but has since expanded across the entire country. In 2022, the Subcarpathian Voivodeship became the last of Poland's voivodeships to open a Dino store. Dino is now present in every voivodeship.[2]

, Dino had 2,406 stores covering a floor area of 947900m2.

Structure

The Dino Polska logistics network is based on three distribution centres located in: Krotoszyn, Jastrowie, Piotrków Trybunalski and Rzeszotory.[3] Due to the expansion of the retail chain, Tomasz Biernacki set up the private limited company Dino Polska Sp. z o.o., whom over the course of the next three years sold all Dino stores to. The continued expansion of the company forced its transformation into a joint-stock company.[4]

Dino Polska stores offer their customers around five-thousand different articles, with each store including a meat counter, selling meat, prosciutto and a variety of prepared meat types mainly supplied by Agro-Rydzyna. Dino Polska is the owner of the Agro-Rydzyna meat plant. Since 2010, Dino Polska is sole distributor of meat and ham products under this brand, buying shares in the company since 2003.

In June 2010, Enterprise Investors, an investment fund, bought 49% of the shares in the company for 200 million zlotys. Since its relations with Enterprise Investors, the retail chain began to markedly expand, from 111 stores at the end of 2010 to 628 stores by the end of December 2016. In April 2017, Enterprise Investors allocated all of its assets onto the Warsaw Stock Exchange.[5] Dino Polska had 1056 stores as of June 2019.[6] In 2023, it opened 250 new stores; the network numbered 2,406 stores at the end of 2023.[7]

Growth of Dino since 2008[8] ! Year !! Stores !! Revenue
(million zl) !! Net income
(million zl) !! Stock price
(zl)
2008 81
2009 90
2010 111
2011 154
2012 234
2013 324
2014 410 2,108 66
2015 511 2,590 122
2016 628 3,321 151
2017 775 4,463 214 78.80
2018 977 5,839 308 95.85
2019 1,218 7,647 411 144.00
2020 1,473 10,126 644 289.40
2021 1,815 13,362 805 367.30
2022 2,156 19,802 1,132 375.30
2023 2,406 25,666 1,405 460.70

Notes and References

  1. Web site: Jaka jest historia sieci Dino, która debiutuje na GPW? - Handel/dystrybucja. www.portalspozywczy.pl. 12 November 2017. pl.
  2. Web site: 2023-07-04 . Dino naciera na Rzeszów. Na Podkarpaciu było 0 sklepów Dino, a teraz… pójdzie już z górki . 2024-02-24 . www.wiadomoscihandlowe.pl . pl-pl.
  3. Web site: Dino Polska S.A. – Profil działalności, oferta, mapa, film. Dino Polska S.A.. 12 November 2017. pl-PL.
  4. Web site: Dino chce być najszybciej rozwijającą się siecią supermarketów proximity w Polsce. www.wiadomoscihandlowe.pl. 12 November 2017. pl. 27 June 2020. https://web.archive.org/web/20200627084556/https://www.wiadomoscihandlowe.pl/artykuly/dino-chce-byc-najszybciej-rozwijajaca-sie-siecia-s,10174/1. dead.
  5. Web site: Enterprise Investors sprzedaje Dino - Enterprise Investors. Enterprise Investors. 12 November 2017. 5 April 2017.
  6. Web site: Dino Polska S.A. – publikacja prospektu i rozpoczęcie oferty publicznej. 2019-07-02. Dino Polska S.A.. 2019-09-17.
  7. Web site: The Dino network numbers 2,406 stores; 250 new stores openings in 2023 . 2024-03-12.
  8. Web site: Dino Polska S.A. – corporate website. Dino Polska S.A.. 2022-08-21.