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Jan Karrasch, Chief Financial Officer at Palink. mons’s photo
For almost a year, Jan Karrasch, Head of the Department of Finance and Digital Business of the REWE Digital GmbH Group in Germany, became the Chief Financial Officer of Palink, the retail management chain.
Karrasch replaced Sauli Stalnion, a former board member and chief financial officer, who had held the position for more than a year.
I look forward to joining Palink’s financial service and the strong To team in Lithuania, where together we can integrate the best experiences of the Rewe group, according to the press release. Karraschas To expand by market share and meet the needs of consumers, in the coming years it will inevitably be necessary to invest in logistics, digitization and network development.
At the University of Dortmund, Germany, Mr. Karrasch holds a Master of Business Administration degree before joining the Rewe Group in 2014. He worked for several years in the trading of men and e. commercial development. By joining the Rewe Group, Mr. Karrasch was responsible for developing the online food trading business and creating a new financial and reporting system.
S. Stalnionis July 17 leaves the Palink company and his career moves elsewhere, says the company report.
Brand is part of the Rewe international trade and tourism group, which also owns other retail brands such as Billa, Merkur, Penny, Bipa and ADEG.
Retail chain Until 1991, it operated in Lithuania and currently has 227 stores across the country. Rewe Group has been involved in management since 2008.
Vra that at the end of 2019 By the chain there were two smaller stores than at the beginning of the year. However, the company increased its sales revenue of $ 649 million. EUR up to 678 million In Eur, this is a growth of 4.4%, similar to the annual growth of 3.4% announced by the Maxima Group.
The most surprising change in the company’s comprehensive income statement is 22.2 million. EUR up to 1.8 million. Total net profit in euros. According to experts, the reason for part i is an accountant. According to J, this is largely due to International Financial Reporting Standards (IFRS), namely the application of IFRS 16. As with other retail companies, this has had a significant impact on Palink’s results.
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