“For Praktiker Romania, 2016 was a favorable year, a year of financial consolidation on the backdrop of higher sales and the maintaining of the operating result at a level similar with 2015 level,” said Praktiker Romania owner, Omer Susli, who added that the company could switch to profit this year.
According to Praktiker Romania representatives, the business was positively impacted by the strategy on remodeling the existing stores. The company plans to remodel 20 units by the end of 2017, while the remaining seven stores will be remodeled in 2018. Investments in equipping one store reach EUR600,000.
The online store also represents another important growth factor.
Praktiker Romania employs 1,700 people in 27 Praktiker stores countrywide.