PRAKTIKER
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New Owner Says Praktiker Was Poorly Managed, Brand To Be Relaunched In September
Turkish businessman Omer Susli, the new owner of do-it-yourself retail chain Praktiker Romania, said the business was badly managed by its former owners and the Praktiker brand will be relau...
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...
Praktiker Romania Owner Names Former Acquisitions Manager As Managing Director
Turkish businessman Omer Susli, the new owner of do-it-yourself retail chain Praktiker Romania, named Cansu Derintuna, a company’s former acquisitions manager, as managing director, sources...
Praktiker Sells Romanian Operations To Turkish Businessman
German do-it-yourself retail chain Praktiker sold its operations in Romania, which include 27 stores with sales of EUR142 million in 2012, to Search Chemicals company, owned by Turkish busin...
Praktiker, In Talks With Turkish Investor To Sell Romanian Operations
German do-it-yourself group Praktiker has been in talks for several months with Turkish businessman Omer Susli to sell its Romanian operations.
NEPI Confirms Acquisition Of Deva Retail Park Which Includes Metro And Praktiker
South-African investment fund NEPI (NEP.RO) is awaiting the approval of the Competition Council to acquire the Deva Shopping Center project (western Romania), which includes stores of Metro...
NEPI Wants To Buy Retail Park That Accommodates Metro And Praktiker
South-African investment fund NEPI is in the final stage of the acquisition of a retail park in Deva (western Romania) from a local entrepreneur. The park includes a Real hypermarket (which...
Praktiker 1Q Sales In Romania Down 6.5% On Year, To EUR21.6M
German do-it-yourself retail chain Praktiker Thursday said its net sales in Romania fell 6.5% to EUR21.6 million on the year in the first quarter of 2013, twice slower than the decline regis...
Praktiker 2012 Sales In Romania Fell 6.6% To EUR142M
German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 6.6% on the year to EUR142.3 million in 2012.