November 25, 2017

Romanian Praktiker saw a 24.4% decline in sales in first three quarters

German DIY retailer Praktiker reported that it saw a 24.4 % decline of its sales in Romania in the first nine months of the year. The total decline reported was of EUR 116.1 million, according to the company’s report. In the first nine months of the year, Praktiker has reported total international sales worth EUR 688.2 million, down by 9.5 % on the same period of last year. Alongside Greece, Romania is cited as one of the company’s key international markets. Praktiker has 110 stores on international markets, of which 27 are located in Romania. The retailer also has operations in Luxembourg, Greece, Poland, Hungary, Turkey, Bulgaria, Ukraine and Albania.

Source: Business-Review (read more)

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