#RETAIL SECTOR

Żabka says it plans to grow by 1,000 stores a year in Poland and Hungary. Photo: PAP/Wojciech Olkuśnik

Rapidly-growing grocer Żabka valued at €5bn ahead of Warsaw IPO

The Żabka convenience store franchise is to offer 300 million shares at 20-21.5 złotys (€4.67-5.02) each in the biggest Warsaw IPO of the year.