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M&A alert. Kingfisher buys DIY retailer Praktiker from Omer Susli

Retail & FMCG August 02, 2017 16:36 0 comments

British DIY retailer Kingisher, which owns Brico Depot Romania, has taken over Praktiker retailer from Turkish businessman Omer Susli for an undisclosed sum. Adela Smeu, CEO of Brico Depot Romania, said the deal will allow…more »

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BR’s most read articles this week | April 24 – 28

News April 28, 2017 17:34 0 comments

Business Review will present each week the articles that got most views online. Here are the pieces that got most traction this week. Energy trends in the Romanian real estate sector, according to Enel Live…more »

Praktiker Romania Group to expand with three units in Bucharest

News April 24, 2017 18:22 0 comments

Praktiker Romania Group is planning to expand with three new units in Bucharest. Also, Praktiker Romania purchased Ploiesti and Constanta stores, together with the corresponding lands via funding from CEC Bank. Prior to acquiring the…more »

Praktiker aims to reach 20 redesigned stores this year

Retail & FMCG March 17, 2017 16:18 0 comments

DIY retailer Praktiker has invested EUR 1.2 million in the revamp of two of its stores in Ploiesti and Oradea and the company aims to reach 20 redesigned units by the end of this year…more »

Key move. Praktiker Romania has a new general director

Who’s News March 01, 2017 15:12 0 comments

Miroslaw Huczek is the new general director of Praktiker Romania starting this March. Over the past 11 years he has amassed a vast experience in the DIY industry. Over these years he has worked for…more »

Praktiker registers 12.4 pct increase in sales in Q1

Retail & FMCG May 07, 2015 14:08 0 comments

DIY retailer Praktiker Romania concluded the first quarter of 2015 with a 12.4 percent increase in sales, compared to the same period last year. According to a press release, Praktiker ended 2014 with a total…more »

New Managing Director for recently acquired Praktiker Romania

Retail & FMCG February 28, 2014 17:31 0 comments

Search Chemicals, the new Praktiker owner, brought in Cansu Derintuna to fill the position of Managing Director. Derintuna previously worked as director of acquisitions for Praktiker. Born in Turkey, he will manage the 27 store-network…more »

Praktiker Group is looking to sell their Romanian propreties

Retail & FMCG February 11, 2014 16:02 0 comments

German do-it-yourself retail chain Praktiker is seeking buyers for its Romanian operations, which include 27 stores with sales of EUR142 million in 2012, according to Mediafax. "An insolvency house in Romania was designated to sell…more »

Praktiker Romania remains on downward trend: sales drop 9.8 percent in H1

Constructions July 26, 2012 14:01 0 comments

German DIY retailer Praktiker reported for Romania net sales worth EUR 38.9 million in the  first semester of this year, down 9.8 percent y-o-y (down 10.2 percent like-for like). The announcement comes after in the…more »

Praktiker Romania’s decline continues: sales drop 11.2 percent in Q1 2012

Retail & FMCG April 27, 2012 11:00 0 comments

Praktiker Romania’s sales in the first quarter of this year amounted to EUR 32.1 million down 10.6 percent (-11.2 percent like-for-like). The German DIY retailer’s sales on the local market have been on downward trend…more »