It has been present on the Hungarian market since 1998.

Praktiker is a German hypermarket chain offering home improvement and do-it-yourself goods. It is based in Kirkel, Saarland, and opened its first store in 1978. Initially owned by ASKO, the chain became a division of Metro AG after the merger of ASKO with Metro Cash & Carry in 1995.

It was spun off as a fully independent corporation on 22 November 2005, listing on the Frankfurt Stock Exchange and becoming an MDAX constituent. Later it was listed on the SDAX.

Source: Hungary Around the Clock

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