Metro AG (MEO)
Metro AG – a German group of companies, which manages Europe’s third-largest retail chain and the fourth – in mire.Upravlyayuschaya company was established in 1996 by the merger of Metro Cash & Carry, Kaufhof Holding AG and Asko Deutsche Kaufhaus AG.
The main owners of Metro Group – a family of German entrepreneurs Haniel (30.01% of voting shares), Schmidt-Rutenbek (15.77% of voting shares) and Beisheim (9.10% of the voting shares), the remaining shares are in free float. Metro Group presented in 2200 shopping centers in 31 countries: Austria, Belgium, Bulgaria, Vietnam, Hungary, Germany, Greece, Denmark, Spain, India, Italy, Kazakhstan, China, Moldova, Luxembourg, the Netherlands, Pakistan, Poland, Portugal, Romania , Russia, Serbia, Slovakia, Turkey, Ukraine, France, Croatia, Czech Republic, Switzerland, Sweden, Japan.
In total, more than 255 thousand people work in the Metro Group. Annual revenue amounts at each year about 63 billion euros.
Part of the holding’s retail chain Metro Cash & Carry employs 766 shopping centers in 28 countries. The annual turnover of Metro Cash & Carry is about 30 billion euros, the total number of employees reached 117,000 people.
Also, Metro Group operates a network of retail hypermarket «Real», including 311 hypermarkets, most of whom work in Germany, Poland, Turkey. Annual net sales volume of approximately € 8.432 billion.
Revenue Galeria Kaufhof (137 shopping centers in Germany and Belgium) in the expiring fiscal year reached EUR 3.099 billion.