Praktiker sales in Romania dropped by 12.4%

Net Praktiker sales in Romania dropped in the first 6 months by 12.4% compared to the same period of 2009, to 96.5 million euro, affected by both the evolution of the exchange rate and the difficult economic situation. The German company also anticipates that the VAT increase will affect business. Praktiker estimates that in comparable conditions, the drop of sales would have been of 13.9% in euro while in lei company business in the Romanian market dropped by 14% in absolute terms and 15.2% ...

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