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OBI Czech Republic - From EBITDA To Net Profit

Economy | Czechia | May 3, 2014
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OBI Czech Republic is a Czech Republic-based subsidiary of the Germany's Do-It-Yourselve (DIY) retailer OBI GmbH & Co. Founded in 1970, Germany's OBI has grown into the the second largest DIY retailer in Europe.

The Company currently operates more than 580 stores (thereof more than 340 in Germany) in 13 Central and Eastern European countries. The total store sales area now amounts to more than 3.8 million sqm and the Group employes more than 43,000 people. OBI stores offer a broad and comprehensive product range, which, on average, includes 40-60,000 articles per store. The competent product range covers gardening, building material and elements, tools, sanitary and interior decoration.