- Page 1 and 2: Annual Report
- Page 3 and 4: Rolando Benedick Chairman Dear Shar
- Page 5 and 6: I n a tough economic environment, t
- Page 7 and 8: Alex Minder (CEO Valora Trade) Stef
- Page 9 and 10: The Valora Group achieved the objec
- Page 11 and 12: Our highlights Our brands valora re
- Page 13 and 14: strategy programme report ANNUAL RE
- Page 15 and 16: ANNUAL REPORT VALORA 2009 13
- Page 17 and 18: CoMPeTenCe new press anD book shops
- Page 19: 1000x Around the world: At 11 Valor
- Page 23 and 24: ent focus is mainly directed toward
- Page 25 and 26: of floorspace. Essen’s main stati
- Page 27 and 28: ANNUAL REPORT VALORA 2009 25
- Page 29 and 30: 27 ANNUAL REPORT VALORA 2009 effici
- Page 31 and 32: InTeGraTed, Closed looP InvenTory M
- Page 33 and 34: ANNUAL REPORT VALORA 2009 31
- Page 35 and 36: PeoPle valora Code of ConduCT In ad
- Page 37 and 38: uniform complaints management It is
- Page 39 and 40: new people in. Of course, we had to
- Page 41: tic states to Scandinavia, not to m
- Page 44 and 45: Consolidated balanCe sHeet Assets A
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