DIY
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Susli Buys 76% In Praktiker Via Company With No Operations And Employees
Businessman Omer Susli, who reached an agreement at the end February to buy the Romanian operations of the Praktiker group after the bankruptcy of the German-held do-it-yourself retailer, wi...
Owners Of Ploiesti DIY Store Artsani Want To Expand To Other Counties
George Tapu and Oleg Tataru, owners of Artsani Com, which with a DIY and building materials store in Ploiesti generates annual sales of almost EUR30 million, are mulling expansion outside Pr...
DIY Retailer Dedeman Sales Overshoot EUR600M Mark
On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue.
New Owner Hopes To Drive Praktiker Back To Sales Of EUR300M/Year
Omer Susli, the Turkish investor who at bought from Germany’s Praktiker the group's 27-store network in Romania, hopes to bring the company back to profit in two years at the latest. Revenue...
Kingfisher: First Brico Depot Stores In Romania Open In 1Q
UK’s Kingfisher, the largest do-it-yourself retailer in Europe, will put its logo on the first Romanian store by the end of the quarter, as the former Bricostore stores in Orhideea and Pante...
Leroy Merlin’s Romanian Store Reports Sales Of EU21M For 2012
French DIY retailer Leroy Merlin, which owns one store in Romania, in retail park Colosseum in Chitila, near Bucharest, registered turnover of EUR21 million locally in 2012, according to dat...
Time For Consolidation On DIY Market: Kingfisher Takes First Step, Players Suspend Expansion
The Romanian do-it-yourself and construction materials distribution market, where major players have annual sales of around EUR1.3 billion, has reached a period of consolidation after five d...
Dedeman Sees 13% Growth, Expands Online
Do-it-yourself retail chain Dedeman posted 2.4 billion lei (EUR548 million) revenue in 2012, up 13% on the previous year and consolidated its market leader position.
Hornbach Close To EUR100M Sales From Five Stores
Do-it-yourself retail network Hornbach, which expanded its Romanian network to five stores this year, saw 10% higher sales in the first ten months of 2012.