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Praktiker Group To Enter Armenian Market

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  • Praktiker Group To Enter Armenian Market

    PRAKTIKER GROUP TO ENTER ARMENIAN MARKET

    ARMINFO
    Friday, April 12, 13:54

    Praktiker Group, a full-service supplier in the home improvement
    and DIY market, is going to enter the Armenian market this year,
    a reliable source told ArmInfo on Wednesday.

    Praktiker Group offers products for construction, renovation,
    workshops, living, garden and leisure time activities. It operates -
    including Max Bahr - around 430 home improvement and DIY centers in
    nine countries, making it one of the leading providers in the European
    home improvement and DIY sector.

    In Germany, the company has more than 300 locations (thereof 78 Max
    Bahr) with a combined selling space of about 2 mn. square meters,
    making it the almost largest operator in the marketplace. In Europe,
    Praktiker Group ranks fourth, and the company already has the pole
    position in four countries (Luxembourg, Romania, Greece and Turkey).

    During fiscal year 2012, Praktiker Group had net sales of about 3,0
    bn EUR. It employed 20,000 people, including over 8,000 employees
    outside Germany.



    From: Emil Lazarian | Ararat NewsPress
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