08.21.2014

Praktiker Romania said Thursday it ended the first half of 2014 with operating profit of RON12 million and plans to open 18 new stores in the next two years, two of which will be inaugurated in more

07.07.2014

Turkish-born businessman Omer Susli, who in February reached an agreement to buy do-it-yourself retail chain Praktiker in Romania, says the 27 stores generated almost 10 million lei (EUR2 million) net more

04.29.2014

Businessman Omer Susli, who reached an agreement at the end February to buy the Romanian operations of the Praktiker group after the bankruptcy of the German-held do-it-yourself retailer, will more

03.31.2014

Bacau-based Dedeman has in the past five years had a lot of room for maneuver on the DIY market, where it has operated almost alone: it has opened 25 new stores and bolstered revenue by 140%, to more

03.27.2014

Turkish businessman Omer Susli, the new owner of do-it-yourself retail chain Praktiker Romania, said the business was badly managed by its former owners and the Praktiker brand will be relaunched in more

03.03.2014

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 more

02.28.2014

Turkish businessman Omer Susli, the new owner of do-it-yourself retail chain Praktiker Romania, named Cansu Derintuna, a company’s former acquisitions manager, as managing director, sources close to more

02.25.2014

German do-it-yourself retail chain Praktiker sold its operations in Romania, which include 27 stores with sales of EUR142 million in 2012, to Search Chemicals company, owned by Turkish businessman more

02.12.2014

German do-it-yourself group Praktiker has been in talks for several months with Turkish businessman Omer Susli to sell its Romanian operations. more

02.11.2014

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. more

08.07.2013

South-African investment fund NEPI (NEP.RO) is awaiting the approval of the Competition Council to acquire the Deva Shopping Center project (western Romania), which includes stores of Metro Cash & more

08.06.2013

South-African investment fund NEPI is in the final stage of the acquisition of a retail park in Deva (western Romania) from a local entrepreneur. The park includes a Real hypermarket (which is set to more

04.25.2013

German do-it-yourself retail chain Praktiker Thursday said its net sales in Romania fell 6.5% to EUR21.6 million on the year in the first quarter of 2013, twice slower than the decline registered in more

03.21.2013

German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 6.6% on the year to EUR142.3 million in 2012. more

12.17.2012

Although the do-it-yourself retail business will be witnessing various transactions, German retail chain Praktiker currently has no plans to close or sell its Romanian subsidiary, said Michael Krahn, more

10.25.2012

German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 7.9% to EUR106.9 million in the first nine months, from EUR116.1 million in the year-earlier period. more

07.26.2012

German do-it-yourself retail chain Praktiker Thursday reported first-half net sales of EUR61.9 million, down 9.8% on the year, hurt by harsh economic conditions. more

07.26.2012

The six largest DIY networks on the Romanian market last year recorded cumulated sales of EUR1.038 billion, up 8.7% on the preceding year as seven new stores opened in 2011 and with 2011 being the more

04.26.2012

German do-it-yourself retail chain Praktiker registered a 10.6% decrease in net sales in Romania in the first quarter of the year, to EUR23.1 million, the retailer said in its financial report more

02.23.2012

German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half compared to more

10.26.2011

German do-it-yourself retail chain Praktiker Wednesday said its sales in Romania dropped 24.4% on the year to EUR116.1 million in the first nine months, hurt by a difficult economic environment and more

08.03.2011

Monica Hodor, former general manager of do-it-yourself retailer Praktiker Romania, was appointed chief financial officer (CFO) of energy distributor Enel. more

07.28.2011

German-held Praktiker, which owns the largest DIY store chain on the Romanian market (27 stores), continued its decline in the first half, when sales went down by 28.8% to EUR68.7 million. This means more

07.27.2011

German do-it-yourself retail chain Praktiker Wednesday reported first-half net sales of EUR68.7 million in Romania, down 28.8% on the year, hurt by weak demand. more

04.29.2011

German DIY retailer Praktiker on Friday reported a 29.5% drop in first quarter sales in Romania, to EUR25.8 million, citing difficult macroeconomic conditions. more