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PRAKTIKER

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Retail&Consumer

Kingfisher Seeks Consolidation This Year, Eyes Future Expansion

UK's Kingfisher, owner of DIY retailers Brico Dépôt and Praktiker, seeks to consolidate its business this year and considers expansion in the future, said Adela Smeu, CEO of Brico Dépôt.

Oana Gavrila · 20.03.2019 · 13:35 · 1 min
Former Praktiker Owner Opens First HomeLux Store, Plans To Reach 20 Units In Next 5 Years
Companies

Former Praktiker Owner Opens First HomeLux Store, Plans To Reach 20 Units In Next 5 Years

Businessman Omer Susli, the former owner of do-it-yourself (DIY) retail chain Praktiker, has opened in Ploiesti the first store of the furniture and home décor chain HomeLux and plans to rea...

Ecaterina Craciun · 23.11.2018 · 14:32 · 1 min
Kingfisher To Close Down Three More Praktiker Stores
Companies

Kingfisher To Close Down Three More Praktiker Stores

UK’s Kingfisher, which bought do-it-yourself (DIY) chain Praktiker from businessman Omer Susli in 2017, is closing down three other Praktiker stores.

Ecaterina Craciun · 25.09.2018 · 14:41 · 1 min
Kingfisher Paid EUR16M for Praktiker
Companies

Kingfisher Paid EUR16M for Praktiker

UK's Kingfisher, which bought DIY chain Praktiker from businessman Omer Susli last year, paid GBP14 million (EUR16 million) for the 26 stores, according to a report on the London Stock Excha...

Oana Gavrila · 22.03.2018 · 21:58 · 1 min
Businessman Omer Susli Uses Money From Praktiker Sale To Start New Retail Chain
Retail&Consumer

Businessman Omer Susli Uses Money From Praktiker Sale To Start New Retail Chain

Omer Susli, the businessman who sold the Praktiker DIY chain to UK’s Kingfisher last summer, is now preparing to open two stores that will sell furniture and home décor.

Loredana Frățilă-Cristescu · 14.03.2018 · 07:00 · 1 min
Praktiker To Close Three Stores, Expects Growth Of DIY Market
Retail&Consumer

Praktiker To Close Three Stores, Expects Growth Of DIY Market

UK’s Kingfisher will keep 23 Praktiker stores in Romania and does not plan to close any more, after having recently announced it would close three, in Focsani, Bacau and Ploiesti, due to cea...

Loredana Frățilă-Cristescu · 19.02.2018 · 10:49 · 1 min
Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition
Companies

Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition

DYI retail chain Brico Depôt Romania, part of Britain's Kingfisher plc, has completed the acquisition of 100% in competitor Praktiker Romania.

Oana Gavrila · 04.12.2017 · 11:14 · 1 min
Kingfisher Buys Praktiker Romania DIY Chain
Retail&Consumer

Kingfisher Buys Praktiker Romania DIY Chain

Britain's Kingfisher plc, which owns Brico Depôt Romania, announced it has reached an agreement to take over 100% of do-it-yourself chain Praktiker Romania SRL.

Oana Gavrila · 02.08.2017 · 16:36 · 1 min
Praktiker Invests EUR1.8M In Remodeling Three Stores
Retail&Consumer

Praktiker Invests EUR1.8M In Remodeling Three Stores

Do-it-yourself retailer Praktiker has re-opened its stores in Targu Mures, Satu Mare and Brasov following a total investment of EUR1.8 million.

Ecaterina Craciun · 14.06.2017 · 12:34 · 1 min