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METRO to buy out German operation of Wal-Mart

28 Jul '06
2 min read

With currently 550 hyper- and supermarkets Real belongs to the leading food retailers in Germany. At the same time, the company is also pushing its international expansion. After Poland and Turkey a couple of years ago, Real recently opened its first stores in Russia and Romania. Moreover, the company just announced the planned takeover of the Polish hypermarket activities of French retailer Géant.

METRO Group ranks among the largest international retailers. In 2005 it achieved sales of € 55.7 billion. The company is active in 30 countries at more than 2,100 locations and employs a workforce of around 250,000 employees.

The performance capability of the METRO Group is based on the strength of its sales brands, which are acting independently in the market: Metro/Makro Cash & Carry – world market leader in self-service wholesale, Real hypermarkets and Extra supermarkets, Media Markt and Saturn – market leader in European consumer electronics centers – and Galeria Kaufhof department stores.

METRO AG

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