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Praktiker

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Praktiker Bau- und Heimwerkermärkte Holding AG
Type Public
Founded 1978 (Luxembourg)
Headquarters Kirkel, Germany
Key people Wolfgang Werner, CEO & Chairman
Industry Retail (Home Improvement)
Products Home improvement products such as home appliances, tools, hardware, and garden supplies & plants.
Revenue 3.95 billion (2007) [1]
Employees 29,000
Website www.praktiker.com
A Praktiker store in Bucharest, Romania
Praktiker activities

Praktiker (FWB: PRAG) is a German hypermarket chain offering home improvement and do-it-yourself goods. It is based in Kirkel, Saarland, and opened its first store in 1978. The chain was from 1978 until 1995 a division of ASKO and after the fusion of ASKO with Metro Cash & Carry in 1995 until 22 November 2005 a division of Metro AG and is now a fully independent corporation, noted at the MDAX.

Contents

[edit] Praktiker in Germany

In 1979 Praktiker opened its first four stores in Germany. Over the years Praktiker took over many smaller companies and changed most of their stores into Praktiker stores:

  • 1979: 9 "BayWa" stores
  • 1985: 12 "Wickes" stores
  • 1991: "Esbella", "Continent"
  • 1993: "BLV", "MHB", "Massa", "Huma", "Extra", "Real-Kauf"
  • 1996: 27 "Bauspar" stores
  • 1997: 60 "Wirichs" stores
  • 1998: 25 "Extra" franchise stores
  • 2000: 27 "Top-Bau" stores
  • 2006: 76 "Max Bahr" stores

[edit] Praktiker in Europe

Country First store Number of
stores
Sales
(thousands)
Germany 1979 3371 €2,862,100
Romania 2002 23 €251,400
Poland 1997 21 €205,700
Hungary 1998 17 €158,000
Greece 1991 11 €265,300
Turkey 1998 10 €92,400
Bulgaria 2004 9 €68,100
Luxembourg 1978 3 €40,300
Ukraine 2007 1 €1,700
Albania 2008 -
Moldova 2009 -

(1) including the 76 Max Bahr stores, which Praktiker bought in August 2006.

As of 2006, the chain operates 340 stores in eight countries: Luxembourg, Germany, Hungary, Greece, Turkey, Poland, Romania and Bulgaria.

In Bulgaria, the company operates 8 stores as of December 2007: two in Sofia (one of which in Lyulin) and one each in Varna, Plovdiv, Bourgas, Rousse, Pleven and Veliko Tarnovo. Several others are in construction or planning.

In Romania, Praktiker operates 23 stores: three in the capital Bucharest, two in Iaşi and Timişoara and one each in Constanţa, Ploieşti, Brăila, Braşov, Oradea, Arad, Satu Mare, Baia Mare, Cluj-Napoca, Târgu-Mureş, Bacău, Craiova, Galaţi, Târgovişte, Iaşi, Deva and Piteşti.

In Greece, Praktiker has 11 stores: five in Athens and one each in Thessaloniki, Patras, Larissa, Volos, Ioannina and Kalamata. A new store, the second in Thessaloniki, will soon be opened.

In Turkey, there are nine stores in Istanbul, Ankara, Izmir, Adana, Gaziantep and Konya.

In Ukraine, the first hypermarket was opened on November 29, 2007 in Donetsk.

In Moldova, the first hypermarket should be opened in 2009 in Chişinău.

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