PRAKTIKER GROUP TO ENTER ARMENIAN MARKET
ARMINFO
Friday, April 12, 13:54
Praktiker Group, a full-service supplier in the home improvement
and DIY market, is going to enter the Armenian market this year,
a reliable source told ArmInfo on Wednesday.
Praktiker Group offers products for construction, renovation,
workshops, living, garden and leisure time activities. It operates –
including Max Bahr – around 430 home improvement and DIY centers in
nine countries, making it one of the leading providers in the European
home improvement and DIY sector.
In Germany, the company has more than 300 locations (thereof 78 Max
Bahr) with a combined selling space of about 2 mn. square meters,
making it the almost largest operator in the marketplace. In Europe,
Praktiker Group ranks fourth, and the company already has the pole
position in four countries (Luxembourg, Romania, Greece and Turkey).
During fiscal year 2012, Praktiker Group had net sales of about 3,0
bn EUR. It employed 20,000 people, including over 8,000 employees
outside Germany.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2013/04/13/praktiker-group-to-enter-armenian-market/
