Praktiker Romania owner Omer Susli, said the plan is to open new stores, but the company currently focuses on remodelling the existing stores. Susli also said seven stores had already been remodelled and the plan is to apply the same concept to 13 other units by the end of 2017. The remaining seven stores will be remodelled in 2018.
Investments in equipping one store reaches EUR600,000.
Praktiker’s turnover rose nearly 5% in 2016, considering that the do-it-yourself market fell 4.5%, according to Susli.
Praktiker Romania’s turnover rose 3.2% on the year in 2015. For 2016, the company targeted an increase of 10% in sales and zero loss. In 2015, Praktiker Romania had a turnover of RON608 million, loss of RON10.6 million and an average number of 1,500 employees, according to data on www.mfinante.ro.