Praktiker to invest EUR 15 million
Monday, April 18, 2005, 00:00
DIY Praktiker store chain at Gy?r had been enlarged with a 1,500 square meter gardener center, said the company in a statement. The investment worth HUF 1 billion. Praktiker invested in the last seven year EUR 150 million and plans to invest further EUR 15 million in the next two years. The company projects to open new unit in 2006 because of market saturation. Praktiker chain?s turnover in 2004 was 13,8% higher yr/yr, total income reached HUF 42,5 billion. The company has 1250 employees in Hungary.