Kingfisher bought the Praktiker Romania DIY chain
The Brico Depot Romania belongs to the Kingfisher group of companies bought the hundred percent of Praktiker Romania’s shares from the Susli family – the Romanian mediafax news agency told.
Praktiker is operating 26 DIY and Home Furnishing stores in the country and employs more than 1,600 people. Last year, sales amounted to 140 million euros.
Brico Depot has 15 department stores and almost a thousand employees in Romania, and its turnover last year amounted to 144 million euros.
Kingfisher is one of Europe’s largest retailers with 77,000 employees, which operates 1200 home decor and DIY stores in ten countries. Kingfisher includes B and Q,, Castorama, Birco Depot and the Screwfix retail chains. (MTI)
Related news
Inflation in Romania slowed to 4.95 percent in January
The annual inflation rate in Romania fell to 4.95 percent…
Read more >Hungarians are being taken to Romania for shopping by bus
Romanian prices occasionally appear in Hungarian public discourse, but in…
Read more >Retail turnover in Romania increased by 8.6 percent in 2024
Romania’s retail trade turnover increased by 8.6 percent in 2024,…
Read more >Related news
Are we buying more consciously? Demand for Hungarian flavors is unabated
Kifli.hu works with hundreds of Hungarian producers to offer a…
Read more >Alibaba’s quarterly profit increases significantly
Chinese e-commerce giant Alibaba Group Holding reported a sharp rise…
Read more >Gránit Fund Management strengthens with new marketing and communications manager
From February 2025, Attila Csonka will manage the marketing, communication…
Read more >