Metro Group makes EUR 1.8 billion turnover in 2009, down 10.7 percent

The combined turnover of Metro Group divisions in Romania in 2009 stood at EUR 1.8 billion, with EUR 1.2 billion posted by Metro Cash & Carry and EUR 671 million reported by real,-Hypermarket division. Overall, this is a 10.7 percent decrease compared to the previous year’s results in EUR, and is due to the depreciation of the national currency against the EUR and lower consumption as a result of the economic crisis.

The 17.5 percent drop on the cash & carry segment was counterbalanced by a 5.2 percent increase on the hypermarkets segment, which was due to a growth in the number of stores.

Metro Cash & Carry operates 24 stores in Romania and employs 5,639 people, compared to 6,390 in 2008. Metro Group also runs Real hypermarkets in Romania, another 24 units across the country.

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