New Owner Hopes To Drive Praktiker Back To Sales Of EUR300M/Year

03.03.2014 By Cristi Moga

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 should gradually go back to the level of 2008, when the German company led the domestic DIY market, with sales of above EUR300 million.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Praktiker; , DIY; , Omer Susli

Comment

Username:
Password: