PMR forecasts an increase of 6.2% of the DYI market in 2015.
The local DYI market was very eventful in 2014, dominated by two major transactions, by which 40 stores changed owners, and the exit of the German network Obi from the market.
Moreover, investments of over EUR60 million in new stores were made in 2014, while a new brand, Brico Depot, entered the market, replacing Bricostore units.
During the boom period, the DIY market was dominated by foreign companies such as the German Praktiker or the French Bricostore, but now local company Dedeman, owned by brothers Adrian and Dragos Paval from Bacau, ranks 1st.
Dedeman has a profit margin of 12%, while Kaufland, the largest retailer in the food sector by revenues and profit, had a profit margin of 5%.
In 2014, Dedeman was the 5th company in Central and Eastern Europe by sales, according to PMR. International networks Leroy Merlin, Kingfisher and Obi were on the first three positions.