NEGOCIO – TAGS | During the General Shareholders’ Meeting held today, the DIA shareholders agreed by a majority to support the proposal for a capital increase with pre-emptive subscription rights for an amount of EUR500m put forward by L1R Invest1 Holdings S.à r.l , a company that belongs to the LetterOne Group, DIA’s main shareholder,…
NEGOCIO – TAGS | BORJA DE LA CIERVA, CEO OF THE DIA GROUP: -”Wednesday 20 March is set to be a key date in terms of the company’s future, as the shareholders will take the floor at the annual meeting”. -”We come to this meeting with the support of the financial entities following the agreement…
NEGOCIO – TAGS | The New Business Plan is focused on own label, fresh produce, and store renewal. 2018-2023 STRATEGIC PLAN The DIA group presents its 2018-202 Strategic Plan focused on the transformation, modernisation and future of the company with the aim of increasing market share in the distribution sector of a leading company in…
NEGOCIO – TAGS | The DIA Group has announced that over the past few months it has carried out an investigation with the aim of clarifying the events that led to certain accounting adjustments to the 2017annual accounts. Once the investigation was finalised, and as a result of it, the Company proceeded to file a…
NEGOCIO – TAGS | The company ́s Executive Committee is made up of seven members, two of whom have joined the company. The financial area has also been strengthened. The DIA Group has set up the new Executive Committee that is made up of seven members and headed up by the CEO, Borja de la…
NEGOCIO – TAGS | Enrique Weickert Molina joins as Group CFO. New CEOs for Brazil and Argentina. New Operations Director Spain. The DIA Group is making important changes to its management team, hiring the best, with the aim of boosting its client focus with a more agile organisation that is able to better anticipate the…
NEGOCIO – TAGS | The chain, which at year-end 2013 had 288 stores in Castilla y León, extendsits presence in the region with this new establishment.The store will operate under the Cada DIA banner, a “lifelong” store model ismanaged by an entrepreneur. DIA today inaugurates a new franchise store in Lanzahíta (Ávila), at Calle Queipo de…
NEGOCIO – TAGS | The company’s aim is to consolidate its leadership position in the Spanish food retail market. Antonio Coto stated that “we will concentrate our efforts in Spain, our main market, with a realisticand strict operating change plan in the short term, in order to reverse the current trend. We will focuson customer’s…
NEGOCIO – TAGS | As part of the transformation process initiated by the DIA Group, the company has carried out a series of changes in its organisational structure, effective as of today. A new Executive Management team of DIA Spain has been created, headed up by Faustino Domínguez de la Torre. This new management team…
NEGOCIO – TAGS | DIA Group has joined the Horizon International Services negotiation platform, with the aimof improving competitiveness with the major manufacturers’ brand suppliers and providing consumers with a better offer in terms of stock and price. This alliance, which is based on principles of balanced and innovative collaboration, was announced in June of this year…
NEGOCIO – TAGS | The new CEO brings a wealth experience within DIA Group, since he has todate lead the company’s operations in strategic markets such as Braziland Argentina. The principal challenge facing Antonio Coto will be to lead the transformation process which DIA Group is undergoing; this will be enshrined in a…
NEGOCIO – TAGS | The DIA group posted gross sales under banner of EUR4.6bn in the first months of the year, implying a 1.4% increase in local currency compared to the same period in the previous year.Comparable sales in Spain rose by 0.3% and by 1.8% at group level. In the first half of the year,…