Uncertain Future of Schlecker Austria

CompaniesRetail & Consumer ♦ Published: January 31, 2012; 16:38 ♦ (Vindobona)

After the insolvency of the German chemist chain, experts consider that the Austrian subsidiary could be sold.

Uncertain Future of Schlecker Austria / Picture: © Schlecker

Recently, the situation of the Austrian subsidiary of German Schlecker Group was described as “highly profitable”. Now, the situation turned out to be more serious. The CFO of the group considered a sale of foreign business. Schlecker runs 1,000 branches in Austria. Experts are in doubt wheter Schlecker Austria can be maintained. The management of Schlecker Austria does not provide…