News | Up 22 per cent in 2017

Back

Following a jump in sales, Praktiker Hungary modernises its stores

Praktiker Hungary wants to have modernised all of its currently 20 stores by 2023.

Praktiker Hungary wants to have modernised all of its currently 20 stores by 2023.

Praktiker Hungary has started an investment program and wants to have modernised all of its currently 20 stores by 2023. The first modernisation projects have already been completed according to reports by the industry service Bricoretail.ro. A start was made with the smaller locations, the larger ones will gradually follow.

The background is a strong sales growth in the DIY chain. In the past year the chain increased its sales by 22 per cent to HUF 47.8 bn (EUR 148 mio). This was announced by managing director Karl-Heinz Keth at a press conference in June. He then also expressed the expectation of achieving an increase in sales of 10 per cent in 2018. Keth, who still worked at the German Praktiker group, has a quarter share of Praktiker Hungary. In 2016 the Wallis Group took over the majority.

| 6 November 2018


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Bricoma also targets new strategy with 17th store

The opening of its 17th store also marks a strategic restructuring for the Moroccan DIY store operator Bricoma: the holding has entered the View news...

New Kingfisher format and own brand GoodHome

Kingfisher has presented its new own brand GoodHome at the same time as its new express format of the same name. The store, designed as convenience View news...

Kingfisher gains in the UK and loses in France

Clear plus in Great Britain, clear minus in France: for the British Kingfisher group, the first quarter (ending 30 April 2019) was characterised by View news...

Spoga+Gafa 2019 foregrounds city gardening

City gardening is the major theme at Spoga+Gafa 2019. The theme will be "omipresent" at the trade fair at the start of September in Cologne View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Rapid, Innovation for end user

Rapid

Innovation for the end user

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery