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Unable to get investors in Germany, Praktiker barákácsáruház network operation and conduct, so the brand is delisted from the market - told Wednesday Praktiker AG bankruptcy trustees, confirmed mehndi designs for hands Wednesday's edition of Die Welt published intelligence.
The 130 German Praktiker store closing sale begins at the end of next week. Some stores are still open to negotiations with the sale of these home improvement store as a store as any other profile can work on under the guidance of new owners. Praktiker stocks have the whole network operation is not logged investor, so all the shops start closing sale - Praktiker AG informed the bailouts of dealing with so-called interim trustees, Christopher Seago and Jens Sören Schröder. The stores employ 5330 people so far do not say it - they added.
Max Bahr store chain in the Group takeover of more financial and professional investors discussed. Investors from the outset mehndi designs for hands working Max Bahr stores in 78 stores and 54 former Praktiker store is also interested and are attached to the last months of the Max Bahr chain so strong chance to continue to operate the network mehndi designs for hands and remain in employment - is the Communication.
Praktiker Construction and Home Improvement Markets Hungary Ltd. on Wednesday mehndi designs for hands said the MTI that "the evolution of Praktiker AG bankruptcy status will not affect the Hungarian store of Praktiker mehndi designs for hands operation. Within Praktiker corporation as part of the foreign subsidiaries are separate companies, Baumarkt Praktiker International GmbH operational scope, is still affected by the bankruptcy of the fact that new developments are Praktiker AG bankruptcy situation around the events of the previous corollary and the German network is limited. "- highlighted by the company. mehndi designs for hands
Praktiker AG in 2012 at EUR 3 billion in revenue suffered a loss of EUR 190 million, was announced in July of this year to become insolvent.
The Hungarian operation employs 1,200 people in 2012 amounted to HUF 27.7 billion in revenue, loss of HUF 2.5 billion, a decrease of HUF 600 million compared to 2011. The Hungarian company due to the economic crisis occurred after 2008 loss, but recovering from it. The current loss of ability to deal with - stressed in July Karl-Heinz Keth, Executive Director of Construction and Home Improvement Markets Praktiker Hungary Kft.
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