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  September 5, 2001
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Home > Company Index > Retail > Grocery Retailing > METRO AG

METRO AG
 PROFILE
A ride on METRO AG could be a shopper's delight. The company owns and operates about 1,900 wholesale stores, supermarkets, hypermarkets, department stores, and specialty retailers (home improvement, consumer electronics), mainly in Germany and the rest of Europe. Store banners include METRO, Makro, and Galeria Kaufhof. It also owns a minority stake in investment group Divaco, which holds noncore interests that were formerly a part of METRO AG. METRO AG runs restaurants in its department stores and hypermarkets, and it offers advertising and insurance to its retail chains. The Haniel family, Metro founder Otto Beisheim, and the Schmidt-Ruthenbeck brothers, together own nearly 60% of METRO AG.

 COMPETITION
REWE-Zentral AG (dossier)
Tengelmann Warenhandelsgesellschaft OHG (dossier)
Wal-Mart Stores, Inc. (WMT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 44,189.30
1-Yr. Sales Growth: 0.2%
Employees: 234,351
Revenue per employee: $188,560.32

 KEY PEOPLE
• Hans-Joachim Körber
    CEO
• A. Stefan Kirsten
    CFO

 CONTACT INFO
SchlüterstraBe 41
D-40235 Düsseldorf, Germany
Phone: 49-211-6886-2359
Fax: 49-211-6886-2178
Online: Web Site

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