BNET Industries

Last Fiscal Year Sales:$70.4B
- Public
- US
Dow Jones Description
Metro serves the residents of Europe's many cities. Founded in 1879 and headquartered in Dusseldorf, Germany, Metro AG (German: MEO) is Germany's largest retailer. The company operates about 2,400 stores in several formats: wholesale stores, supermarkets, hypermarkets, department and specialty stores under the Metro/Makro Cash & Carry, Real, Extra, Media Markt, Saturn and Galeria Kaufhof brands. It also runs restaurants in some of its stores. Operations are mainly in Germany, but it has locations in almost 30 other countries. The company has annual revenues of about ? 55.7 billion and employs about 261,400 people. In December 2005 the company disposed of 53 Praktiker locations to a real estate fund managed by IXIS AEW Europe.
Number of Employees 256,915
Contact Information
Schluitir Strasse 1
Dusseldorf
(49) 21168860
Peer Companies
NAICS Code Supermarkets and Other Grocery (except Convenience) Stores: 445110
Recent Events
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Rising Unemployment Hurts Metro
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BRIEF-RESEARCH ALERT-Goldman Sachs raises Tesco, cuts Colruyt, Delhaize
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Metro's net profit fell to 72 million euros
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Metro wants to open new Egypt, Kazakhstan stores
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Metro AG raised to overweight at J.P. Morgan
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BRIEF-RESEARCH ALERT-Bernstein raises price target on Tesco, 4 others
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Arcandor's Top Brass Departs
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UPDATE 2-Metro names new CFO in management reshuffle
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BRIEF-Metro appoints CFO Unger as deputy CEO
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CORRECT: Arcandor Held Talks With Rival Metro - Spokesman
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Arcandor Is Hurting Whitehall
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Metro Aims To Combine, Not Buy Arcandor's Department Stores
News & Analysis
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metro ag - All News and Analysis
Research and Markets: Metro Took Over 19 Polish Operations of the Hypermarket Operator Geant in 2006
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c93605) has announced the addition of "Premium Company Profile:Metro AG" to their offering. Metro took over 19 Polish operations of the hypermarket operator Geant in 2006. With this deal, the number of Metros Real hypermarkets in Poland rose to 49 locations. Again in...
Research and Markets: Metro AG, Tesco PLC And Coop Hungary Are Among The Main Companies Competing In Hungary's Agricultural Products Industry
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92471) has announced the addition of Agricultural Products in Hungary to their offering. The Agricultural Products in Hungary industry profile is an essential resource for top-level data and analysis covering the agricultural products industry. It includes detailed data on market size and segmentation,...
'Infantswear in Germany' Report is Available Now
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c80672) has announced the addition of "Infantswear in Germany" to their offering. Our Infantswear in Germany industry profile is an essential resource for top-level data and analysis covering the infantswear industry. It includes detailed data on market size and segmentation, plus textual and...
METRO TO CONTINUE EXPANSION IN CHINA IN 2008
AsiaInfo Services 12-17-2007 METRO to Continue Expansion in China in 2008 BEIJING, Dec 17, 2007 SinoCast via COMTEX -- German-based METRO AG will fasten its pace of opening new stores in China in 2008, despite the slow-down in 2007, said an...
India: a growing opportunity.(retail market)
India's retail market is a complex challenge for most western retailers, but its estimated worth is $300 billion and growing. Currently, Germany-based METRO AG is trying to resolve a fundamental problem it is facing, along with WAL-MART STORES INC. and other retailers trying to enter the...
Ahold, Carrefour S.A. And Metro AG Are Among the Leading Companies in the Global Food Retail Industry.
M2 PRESSWIRE-4 July 2007-Research and Markets: Ahold, Carrefour S.A. And Metro AG Are Among the Leading Companies in the Global Food Retail IndustryC1994-2007 M2 COMMUNICATIONS LTD RDATE:06072007 Dublin - Research and Markets (http://www.researchandmarkets.com/reports/c61656) has announced the addition of Global Food...
"Local Adaptation Is The Key In Retail Business"
Alittle over 10 years ago, Metro AG wasn't the Euro 60 billion (Rs 3,42,300 crore) retail giant that it is today, but three different companies-Asko Deutsche Kaufhaus, Kaufhof Holding and Deutsche SB- Kauf. But when the three companies merged in 1996, they spawned not just Metro but a top 20...
Wal-Mart abandons German retail shelves
BERLIN AFP — The world's largest retailer Wal-Mart has said it was pulling out of Germany after eight years and would sell its 85 hypermarkets to the Metro chain. Wal-Mart has struggled to establish itself in Germany which was its third-largest market after the United States and Japan, but...
Introducing "RFID in a glove".(RFID ROUNDUP: A diverse sampling of RFID product & services news ...)
METRO Group, the world's third-largest retailer, used the CeBIT technology fair--held in March in Hannover, Germany--to showcase a mobile RFID reader that is worn by the worker. The unit--developed by Deister Electronic for METRO AG--includes a headset with voice activation, and a...
The World's Best IR Websites program recognizes Metro AG.
M2 PRESSWIRE-1 March 2006-IRWebReport.com: The World's Best IR Websites program recognizes Metro AGC1994-2006 M2 COMMUNICATIONS LTD RDATE:01032006 Metro AG, Germany's largest retailer, has been recognized for having one of the best investor relations websites in the global consumer staples sector. ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Hans-Joachim Korber | CEO |
| Thomas Unger | CFO |
| Zygmunt Mierdorf | CIO |
| Francois Oliver | Managing Director, Metro Cash & Carry, Romania & Moldova |
| Hans-Jurgen Matern | Manager, Quality |
| Albrecht von Truchsetz | Press Officer |
| Jurgen Homeyer | Press Officer |
| Thomas Ghabel | Head, Investor Relations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Theo Siegert | Chairman |
| Anja Kiehne Neuberg | Board of Directors |
| Dr A Stefan Kirsten | executive board member |
| Eckhard Cordes | Board of Directors |
| H.C. Erich Greipl | Board of Directors |
| H.C. Klaus Brockhoff | Board of Directors |
| Jurgen Henning | Board of Directors |
| Klaus Bruns | Vice Chairman |
| Klaus Mangold | Board of Directors |
| Klaus Von Menges | Board of Directors |
| Marianne Meister | Board of Directors |
| Marliese Grewening | Board of Directors |
| Peter Kupfer | Board of Directors |
| Rainer Kuschewski | Board of Directors |
| Stefan Feuerstein | Board of Directors |
| Ulrich Dalibor | Board of Directors |
| Volker Claus | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Managing Director, Metro Cash & Carry, Romania & Moldova | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Manager, Quality | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Press Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Press Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Head, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Thyssen Krupp, Inc. | Current | |
| Metro AG | executive board member | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Board of Directors | Current |
| Donnelly Corporation | Director | Current |
| DaimlerChrysler AG | Former |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
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| Metro AG | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Metro AG | Board of Directors | Current |
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