Praktiker Hellas, taken over last summer, was renamed Dedeman Hellas.
With the name change, the company’s share capital was raised by EUR25 million, via the issue of 250,000 shares at a price of EUR286/unit. After the operation, the total share capital of Dedeman Hellas reached EUR47.1 million.
Greece is the first foreign market of Dedeman, a company founded in 1992, which operates 64 stores and 5 logistic centers in Romania, has over 13,500 employees and annual revenues of around EUR2.65 billion.
(English version by Catalina Apostoiu)